Aug 24, 2026 – 6.14pmThe Australian Council of Trade Unions’ decision to pull out of the Reserve Bank of Australia’s inflation expectations survey will make the central bank’s job of setting interest rates harder and reflects a shift by the peak union away from public policymaking toward opposing rate rises at all costs.Former officials from both organisations warned of the fallout after The Australian Financial Review reported on Monday the ACTU had cut off RBA access to the long-running survey of its members’ inflation expectations after the release of RBA monetary policy board’s June minutes.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
‘Happy to damage economy’: ACTU’s RBA data cut off criticised
The ACTU decision to withdraw from RBA future inflation surveys is emblematic of the peak body’s waning interest in supporting good policymaking, say economists.
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