The Politics of Self-Preservation
The proposed RBA reforms are a shameless attempt to insulate the government from political failure and accountability
I may be a touch cynical after nearly 14 years in Federal Politics but my experience tells me that governments rarely do anything that they don’t think is good for them.
If it’s also good for you or for the country, that’s a bonus, but the most important factor is usually ‘how does this give us (the government) and advantage.
That’s not always the case but it’s a fair generalisation.
That’s why I’m not climbing on board the near universal praise of Labors proposed Reserve Bank reforms.