Insider trading allegations a ‘political stunt from Labor Party’, Frydenberg says | RN Breakfast

Insider trading allegations a 'political stunt from Labor Party', Frydenberg says | RN Breakfast
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Armed with their population wish lists and what they need to cope with more people, state and territory treasurers are in Canberra today for their meeting with their federal counterpart Josh Frydenberg.

The meeting comes as the federal government tries to come up with an official population policy.

The Prime Minister has already made it clear he wants to cut the permanent migrant intake from 190,000 to 160,000.

The Treasurers will undoubtedly be keeping an eye on the Reserve Bank’s quarterly monetary statement that’s out later this morning — the Reserve Bank Governor Philip Lowe has already hinted it’ll trim predictions for economic growth.

And in the midst of all this, the fall out form the Banking Royal Commission goes on, with the resignations of the National Australia Bank chairman Ken Henry and CEO Andrew Thorburn late yesterday.

Josh Frydenberg
Federal Treasurer

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