RBA names its first female governor
Ending months of speculation, the Federal Government has confirmed Dr Philip Lowe's reign in the Reserve Bank of Australia's top job will end in September.
New RBA Governor-to-be Michele Bullock (Image source: Shutterstock.com)
The Reserve Bank of Australia will have its first female governor in its 63-year history following the appointment of Michele Bullock to a seven-year term starting next month.
The Treasurer, Dr Jim Chalmers, made the announcement on Friday (14 July), putting an imminent end to the sometimes-controversial tenure of Governor Philip Lowe from 18 September.
Following the Treasurer’s announcement, Deputy Governor Bullock acknowledged it was a tough …
