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The RBA is $11.3 billion in the red. Here’s why Jim Chalmers can’t escape the blame. artwork
Business

The RBA is $11.3 billion in the red. Here’s why Jim Chalmers can’t escape the blame.

Mad About Money by Switzer Media + Publishing

Oct 15, 2026Business

The Reserve Bank has just posted an $8.5 billion loss for 2025–26, taking its total negative equity to $11.3 billion. Headquarter renovations have blown out from $280 million to $1.2 billion, staff numbers are up 60% sin...