Tom Elliott has taken exception to an “immoral” move from the Reserve Bank of Australia.

The RBA is about to get permission from the City of Sydney to completely renovate its headquarters, and the 3AW Mornings host thinks it’s a complete waste of taxpayers’ money and hypocritical given recent RBA decisions.

Press PLAY to hear how much the renovation is set to cost the taxpayer

“It is terrible timing, it sets a very bad example, and Michele Bullock and all the other people who work there should hang their heads in shame,” Elliott said.

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