The new chief was one of the board members raising interest rates, but has been brought in to reform the central bank
Follow our Australia news live blog for the latest updatesGet our morning and afternoon news emails, free app or daily news podcast
When the Albanese government announced Michele Bullock as the next Reserve Bank governor on Friday, few were particularly surprised – and that was the plan.
Sure, the opposition leader, Peter Dutton, got on the front foot the previous day, prematurely warning against choosing a public servant. The treasurer, Jim Chalmers, had shared his shortlist with his shadow, Angus Taylor, but held back Bullock as his pick.
Sign up for Guardian Australia’s free morning and afternoon email newsletters for your daily news roundup
About Author
More Stories
Labor was warned its perceived ‘one-sided’ Israel support over Gaza raised social cohesion concerns
Internet shutdowns at record high in Africa as access ‘weaponised’
Virgin aims to raise £700m to rival Eurostar on cross-Channel trains