A former chief economist for one of Australia's big four banks and ex-principal adviser to the Federal Treasury has criticised the policies of the Reserve Bank of Australia, saying they could send the economy into recession.   

Warren Hogan, a managing director of EQ Economics and chief economic adviser to Judo Bank, is calling on RBA governor Phillip Lowe and his board to resign because of misleading information they had given Australians in recent times.

The independent economist told Liam Bartlett on 6PR Mornings the RBA's ultra-rapid rate increases threaten to push the nation into a recession.

"I think there's been some significant missteps... and this really does bring into question their performance," Hogan said.

A former chief economist for one of Australia's big four banks and ex-principal adviser to the Federal Treasury has criticised the policies of the Reserve Bank of Australia, saying they could send the economy into recession.   
Warren Hogan, a managing director of EQ Economics and chief economic adviser to Judo Bank, is calling on RBA governor Phillip Lowe and his board to resign because of misleading information they had given Australians in recent times.
The independent economist told Liam Bartlett on 6PR Mornings the RBA's ultra-rapid rate increases threaten to push the nation into a recession.
"I think there's been some significant missteps... and this really does bring into question their performance," Hogan said.

Gary Adshead will keep you up to date with all the latest breaking stories and issues on 6PR Mornings.

Gary Adshead will keep you up to date with all the latest breaking stories and issues on 6PR Mornings.

Advertisement