Gralin
Super Moderator
- Moderator
- #5,051
Right now we 100% know that the next RBA move is a rate cut. The only decision they need to make is the timing.
Regarding the RBA being held accountable for their performance - what are their performance objectives?
They have one performance objective with regard to how the system currently works - to control inflation. That is it.
This sums up my view on finance people - they are nothing more than bog average administrators who make obscene money by skimming margins. There is nothing special about what they do.
That's incorrect they also have a mandate to maintain full employment but they're ignoring that one