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(Bloomberg) Australian Treasurer Jim Chalmers expects to decide in July on the governor of the Reserve Bank, with incumbent Philip Lowe’s current term expiring in less than three months. Whether Lowe is extended or replaced, the next head of the central bank will face myriad challenges.Most Read from BloombergTitanic Sub Hunt Chases Mystery Noises as Air Supply Runs LowChina Says Biden Calling Xi a Dictator Is ‘Provocation’Modi Meets With Elon Musk and Ray Dalio as Global Money Flocks to Indi ....
It's not just stretched borrowers being pushed closer to breaking point. The consensus between the treasurer and the RBA governor is also cracking – at least when it comes to the impact wages are having on inflation, writes David Speers. ....
Despite an easing in inflation, the Reserve Bank of Australia unexpectedly raised its benchmark interest rate by a quarter-point and signaled more hikes to bring inflation back to the target in a reasonable timeframe. ....
A scathing review of the Reserve Bank of Australia has delivered a shake-up to the central bank not seen in a generation and here's what it means for interest rates, your mortgage, and RBA Governor Philip Lowe. ....
Traders of all the markets in Aba, the commercial nerve of the state have endorsed the governor of Abia State, Dr. Okezie Ikpeazu as their sole candidate ....