Tension between the Australian government and the Reserve Bank of Australia will surface publicly when RBA leadership appears before a parliamentary committee on Friday. The bank has repeatedly warned inflation is proving persistent. The RBA deputy governor recently said the public is “angry” about high inflation and that “wherever I go, all I hear is cost, cost, cost; inflation, inflation, inflation.” Those remarks may be read as a critique of heavy government spending.

2026-09-14

Tension between the Australian government and the Reserve Bank of Australia will surface publicly when RBA leadership appears before a parliamentary committee on Friday. The bank has repeatedly warned inflation is proving persistent. The RBA deputy governor recently said the public is “angry” about high inflation and that “wherever I go, all I hear is cost, cost, cost; inflation, inflation, inflation.” Those remarks may be read as a critique of heavy government spending.