Anthony Albanese announces 'history-making' replacement of RBA governor Philip Lowe. Deputy governor Michele Bullock will take the top job from 18 September. Read more here:
Michele Bullock will replace Philip Lowe as governor of the Reserve Bank of Australia on 18 September.Philip Lowe will be replaced by Michele Bullock as Governor of the Reserve Bank of Australia.Lowe's seven-year term in the role is due to end in September.
Philip Lowe will be replaced by Michele Bullock as governor of the Reserve Bank of Australia when his term comes to an end in September.Prime Minister Anthony Albanese and Treasurer Jim Chalmers announced the appointment on Friday morning."Michele Bullock will become the first woman to ever lead the Reserve Bank in this country. Michele Bullock is the person best-placed to take the Reserve Bank into the future."Albanese described Bullock as "eminently qualified" for the role.
"After close to four decades of service to the RBA, most recently as the deputy governor, Ms Bullock is eminently qualified to read this national institution," he said.Updated 2h ago 10:12am
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