The Reserve Bank is a powerful public agency, whose views receive a lot of coverage, and some respect in some quarters. The views taken by the Bank affect where interest rates are set, and thus the short-medium term path of the economy itself. They aren’t just commentators – they are players too – but they aren’t less than commentators. They use a lot of public money to undertake analysis that is supposed to underpin their commentary and decisions. It should be pretty much Open Government 101 that citizens – who pay for the analysis and are directly affected by how the Bank uses it – should be able to see that analysis. The Reserve Bank has never seen it that way. Over decades – when I was closely involved, and still now – they’ve taken the view that the Bank is different, and special, and that all…
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Utopia, you are standing in it! 
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