Australia Names Michele Bullock as Central Bank Governor

The transcript announces Michelle Bullock's appointment as the 9th Reserve Bank Governor, marking her as the first female in this role since the RBA's founding. Her extensive experience, including her role as Deputy Governor, makes her well-suited for the position. The announcement acknowledges Dr. Lowe's contributions during the COVID-19 pandemic and other economic challenges. Bullock's appointment follows a rigorous selection process, and she will oversee the implementation of RBA review recommendations. The transcript concludes with congratulations to Bullock and confidence in her leadership.

Who has been appointed as the 9th Reserve Bank Governor?

• Philip Lowe

• Michelle Bullock

• Jim Chalmers

• Dr. Lowe

What significant milestone does Michelle Bullock's appointment represent?

• First Governor from a non-economic background

• Longest-serving Deputy Governor

• First female Governor since the RBA's founding

• Youngest Governor in RBA history

What was one of Dr. Lowe's notable contributions during his tenure?

• Establishing the RBA

• Navigating the COVID-19 pandemic

• Implementing new monetary policies

• Overseeing the Payment Systems Board

What role did Michelle Bullock hold before becoming the Governor?

• Economic Advisor

• Deputy Governor

• Chair of the RBA

• Treasurer

What will be one of Michelle Bullock's responsibilities as the new Governor?

• Overseeing the implementation of RBA review recommendations

• Managing the Payment Systems Board

• Establishing a new central bank

• Leading the NATO Summit