This is the result of exceptionally poor management at the head...

This is the result of exceptionally poor management at the head of the RBA, the debt has been accumulated due to Yield Curve Control that was started at the beginning of 2021, they bought every bond on offer at a set price to fix the yield, then the yield shot up which means bond prices collapsed and the RBA was left holding the baby.

The RBA is effectively broke and will require a taxpayer funded bailout as yields will keep rising.

The current chair needs to resign in disgrace, the RBA needs to be closed and rates need to float freely.