The Reserve Bank governor will soon find out if his term has been extended – but economic hints from major banks tell a happier story than expected
Get our morning and afternoon news emails, free app or daily news podcast
Philip Lowe may yet go down as one of the unluckiest central bank governors in Australian history or perhaps elsewhere.
Within a few days, the treasurer, Jim Chalmers, will decide on whether to extend the Reserve Bank governor’s seven-year contract when it concludes in mid-September. Few expect Lowe will get the nod to stay on.
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’
Residents warned to head for high ground as flood waters rise in wake of ex-Tropical Cyclone Alfred
Australia live news: flood evacuation warnings in NSW and Queensland as waters rise after ex-Tropical Cyclone Alfred deluge