Philip Lowe to be replaced as RBA governor with cabinet meeting to determine successor

9 months ago 45

Prime minister Anthony Albanese has said when it comes to the next leader of the central bank ‘we will make that decision as a cabinet’

Philip Lowe will be replaced as the Reserve Bank governor, with cabinet meeting to decide his successor.

Lowe’s seven-year term expires on 17 September and he was widely expected to be replaced, with the timing of the change to be determined.

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