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The ministry for industry, Ed Husic, says he believes new appointments to the RBA board alone isn’t enough to bring diversity to the central bank – he says there need to be “deeper structures” put in place.
Speaking to ABC Radio this morning Husic says:
As a government, I can give you this assurance. We do like to take into account people’s views from different vantage points. I do think it is important that where decisions have an impact – not just in terms of investors or industry but the people that work in them or the broader community – I think it’s a healthier decision.
…. Some people will fix on ‘well, someone should have a seat at the board’ for that to occur and I understand why they’ll make those arguments. I’m not necessarily convinced that that specifically guarantees that will occur just having one person on the board, they need to be a lot deeper structures, I think, for people to have that sense that they’ve had to say and that they can have an ability to influence and inform decision making.
Continue reading…Treasurer to kick off clean energy summit with call for coordinated action across the economy; Mark Speakman favourite to succeed Dominic Perrottet. Follow liveGet our morning and afternoon news emails, free app or daily news podcastThe ministry for industry, Ed Husic, says he believes new appointments to the RBA board alone isn’t enough to bring diversity to the central bank – he says there need to be “deeper structures” put in place.Speaking to ABC Radio this morning Husic says:As a government, I can give you this assurance. We do like to take into account people’s views from different vantage points. I do think it is important that where decisions have an impact – not just in terms of investors or industry but the people that work in them or the broader community – I think it’s a healthier decision.…. Some people will fix on ‘well, someone should have a seat at the board’ for that to occur and I understand why they’ll make those arguments. I’m not necessarily convinced that that specifically guarantees that will occur just having one person on the board, they need to be a lot deeper structures, I think, for people to have that sense that they’ve had to say and that they can have an ability to influence and inform decision making. Continue reading…