After inflicting 12 interest rate rises on Australian home buyers in just 15 months, the Reserve Bank Governor Philip Lowe has been dramatically dumped. He's being replaced by his deputy Michele Bullock who's been at the bank for more than 30 years.
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'History-making': Michele Bullock to become first female Reserve Bank governorMichele Bullock will replace Philip Lowe as head of the Reserve Bank of Australia, becoming the first woman to lead the RBA. Read more:
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What we know about Michele Bullock, the first woman to lead the Reserve BankMichele Bullock has spent her entire career with the central bank, joining in 1985 after interning there during the honours year of her economics degree from the University of New England.
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Michele Bullock named new Reserve Bank governor, replacing Philip LoweBreaking: Michele Bullock will become the first woman to lead the Reserve Bank of Australia, after Treasurer Jim Chalmers confirmed RBA governor Phil Lowe would not be reappointed to the role.
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Michele Bullock named new Reserve Bank governor, replacing Philip LowePrime Minister Anthony Albanese said: “Michele’s will be an important job at an important time”.
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Michele Bullock to become first female Reserve Bank governorAnthony 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:
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