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Men's Weekly

Reserve Bank 'dallies with indolence' instead of helping government pursue full employment: Paul Keating

  • Written by Michelle Grattan, Professorial Fellow, University of Canberra

Former prime minister Paul Keating has launched an extraordinary attack on the Reserve Bank, accusing it of having “one of its dalliances with indolence”, and describing it as “the Reverse Bank”.

Keating, who was treasurer in the Hawke government and once boasted of having the Reserve Bank in his pocket, said the...

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