Australian Greens party will not support RBA reforms unless interest rates are lowered.

The Australian Greens party will not back Treasurer Jim Chalmers' Reserve Bank of Australia (RBA) reforms unless interest rates are lowered. Greens spokesman Nick McKim demands either a rate cut or Chalmers' intervention. The proposed reforms include establishing a committee for interest rate oversight, facing opposition from the Coalition, which accuses Chalmers of attempting to manipulate the RBA board. The RBA's two-day meeting is imminent.