Bullock replaces current Reserve Bank of Australia chief Philip Lowe, whose term expires in September
Follow our Australia news live blog for the latest updatesGet our morning and afternoon news emails, free app or daily news podcast
Michele Bullock has been named as the new governor of the Reserve Bank of Australia, replacing Philip Lowe. She is the first woman to lead the central bank.
Prime minister Anthony Albanese said Bullock, who has been the RBA deputy governor since April 2022, was an “outstanding economist and leader with a deep understanding of the RBA’s role and operations, built up over her long and distinguished career with the central bank.
Sign up for Guardian Australia’s free morning and afternoon email newsletters for your daily news roundup
About Author
More Stories
Internet shutdowns at record high in Africa as access ‘weaponised’
Peter Dutton defends attending Hemmes fundraiser as Cyclone Alfred approached Queensland
Mark Carney to be next Canada PM after winning Liberal leadership race