https://www.afr.com/policy/economy/labor-delivers-productivity-that-works-20230724-p5dqor
#alttext
#PhilipLowe made a 'huge error' - running #RBA as a franchise of Morrison’s government
The treasurer will soon announce the fate of the RBA governor and economists are split over whether Philip Lowe should stay until rates settle or make way for new blood to guide the bank through turbulent economic times ahead.
“RBA governor is a figure of mockery — both with the public and with serious commentators”
Surely, #PhilipLowe has noticed we’ve had a Labor government for more than a year, so why does he speak like Morrison’s proxy? He’s a bit slow on the uptake. #AllHisOwnDoing
https://www.crikey.com.au/2023/06/08/reserve-bank-philip-lowe-leadership-crisis/
"Essentially, the RBA governor has admitted he is flying blind." 🙄
#ABCNews: Philip Lowe's long and gradual fall from grace after the many failures of the RBA
https://www.abc.net.au/news/2023-02-20/philip-lowe-rba-fall-from-grace-interest-rates/101996386
A mild mannered, softly spoken, and incredibly polite intellectual with a boyish grin has become an object of derision, but the RBA governor is not entirely to blame for Australia's dire situation with interest rates, writes business editor Ian Verrender.