Labor opens door to negotiating with Greens on RBA reforms after Coalition blocks proposal

Peter Dutton's opposition also puts up new roadblocks to potential deal on government's aged care reforms

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Peter Dutton's opposition has withdrawn from negotiations with the Albanese government over proposed changes to the Reserve Bank and thrown up new roadblocks to a potential deal on raising aged care fees.

On Tuesday the Australian Financial Review reported the Coalition would block Labor's attempt to create a new specialist interest rate-setting board at the RBA, due to concerns the government could stack the committee. The shadow treasurer, Angus Taylor, later confirmed the report.

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