RBA appoints six new board members as part of reforms

Two join rate-setting team while others enter newly established governance board

Reserve Bank of Australia
The Reserve Bank of Australia
Alex Towle

The Reserve Bank of Australia (RBA) on December 16 appointed two new members to its monetary policy board and four new members to its governance board.

The appointments came after Australia’s parliament passed a long-delayed law to divide the board into two separate groups. The reform was based on the findings of an independent review of the RBA published in April 2023.

Renee Fry-McKibbin, who teaches economics at the Australian National University and was one the three panellists who conducted

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