Shadow Finance Minister Jane Hume says the government has made it clear that it is considering a “replacement” for Phillip Lowe as the RBA Governor. “Its already released a list, a short list, that’s been mooted and debated in the public arena,” Ms Hume told Sky News Australia.
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RBA to experience big shakeup with imminent announcement of a new governorThe Reserve Bank is set to undergo one of its biggest shake-ups in history with the imminent announcement of a new governor. Treasurer Jim Chalmers is being urged not to extend Governor Philip Lowe’s contract, with Department of Finance Secretary Jenny Wilkinson the frontrunner to replace him. Treasury boss Stephen Kennedy and RBA Deputy Governor Michelle Bullock are also being touted for the role. Assistant RBA governor Luci Ellis has quit her position to take up a Chief Economic Advisor role with Westpac. Dr Chalmers will confirm who will lead the RBA in the coming days.
Source: SkyNewsAust - 🏆 7. / 78 Read more »