A major shake-up is coming for the Reserve Bank of Australia after its first review in decades. The episode picks apart the 51 recommendations and explains how they impact YOU. When all the changes are rolled out - the RBA should be more transparent when it comes to decision making, have less meetings and even regular news conferences to explain what's what. We also answer the critical question - if there are less interest rate meetings, will your personal bank move on its own when it comes to rates? If you haven't read about what's coming - listen to Making Money Easy for a sprinkling of what you need to know, now. Head of strategy at InvestSMART and Mind Over Money author Evan Lucas joins Gillian to explain.
Here's the episode on Evan's book from Season 2: 'Mind Over Money'See omnystudio.com/listener for privacy information.