Labor activists push for RBA reforms to lower interest rates
Labor party activists are advocating for reforms to the Reserve Bank of Australia (RBA) to keep interest rates lower and prevent voter losses to One Nation. Treasurer Jim Chalmers faces pressure from within as the OECD warns of declining real wages. A proposed amendment highlights the need to balance inflation control with the economic well-being of vulnerable Australians.
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Published 07 Jul 2026, 18:45 UTC · Updated 07 Jul 2026, 18:50 UTC
Summary by OZbrief Editorial. Original report: SMH. Editorial policy · Corrections
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