Where to next for the Australian economy, the RBA – and Philip Lowe?
by Peter Hannam Economics correspondent from on (#6CXF0)
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
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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.
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