SYDNEY Australia's Treasurer on Monday said he was close to announcing details of a wide-ranging review into the country's central bank which would require legal changes for some steps, underlining the scope of the shake-up. Treasurer Jim Chalmers said the independent review had provided 51 recommendations for changing how the Reserve Bank of Australia (RBA) operates and formulates policy. Chalmers has already consulted on the proposals with RBA governor Philip Lowe and will be meeting with opposition lawmakers with the aim of releasing the government's response to the review this week.
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