Senate debates

Monday, 23 June 2008

Reserve Bank Amendment (Enhanced Independence) Bill 2008

In Committee

4:54 pm

Photo of Michael RonaldsonMichael Ronaldson (Victoria, Liberal Party, Shadow Special Minister of State) Share this | Hansard source

I do, obviously, support the amendment moved by Senator Coonan, because, with the greatest respect to Senator Murray, he is addressing the best-case scenario in relation to the Governor of the Reserve Bank. Quite frankly, I do not see that there is any harm at all in formalising an arrangement so that the governor knows exactly where the government is going. I think that there should be some formalising of this position.

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