Philip Lowe photograph

Philip Lowe

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Gender Male
Age 77
Born Wagga Wagga
Australia
Job Economist
Education Massachusetts Institute of Technology
UNSW Sydney
Date of birth January 1,1947
Zodiac sign Libra
Position Governor of the Reserve Bank of Australia
Governor of the Reserve Bank of Australia since 2016
Edited worksCountryside Conflicts: The Politics of Farming, Forestry, and Conservation
Nomin by Scott Morrison
Children 3
Date of Reg.
Date of Upd.
ID525074

Integrating the Environment Into CAP Reform
The 2001 Foot and Mouth Disease Crisis and the Management of Lesson Learning
The Foot and Mouth Crisis: Issues for Public Policy and Research
Rural Sustainable Development
The Differentiated Countryside
National Perspectives on the Greening of the CAP: A Comparative Analysis
The Comprehensive Spending Review and the Countryside
The Voluntary Principle in Conservation: The Farming and Wildlife Advisory Group
The British Rural White Papers
Environmental Indicators for a Reformed CAP: Monitoring and Evaluating Policies in Agriculture
Regional Policy, CAP Reform and Rural Development in Britain: The Challenge for New Labour
Providing Advice and Information in Support of Rural Microbusinesses
Implementing European Environmental Policy at the Local Level: Research report
A 'second Pillar' for the CAP? The European Rural Development Regulation and Its Implications for the UK
National Environmental Groups and Europeanisation: The British Lobby and the Attraction of Europe
Environmental groups in politics
Regulated Freedoms: The Market and the State, Agriculture and the Environment
Moralizing the Environment: Countryside Change, Farming and Pollution
Insecurities in Contemporary Country Life: Rural Communities and Social Change
Professionals and Volunteers in the Environmental Process
Setting the Next Agenda? British and French Approaches to the Second Pillar of the Common Agricultural Policy
Policy for Small Business Support in Rural Areas: A Response to the DTI Consultation Paper: The Small Business Service
European Integration and the Response of British Conservation Agencies
Countryside Conflicts: The Politics of Farming, Forestry, and Conservation
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Philip Lowe Life story


Philip Lowe is an Australian economist who is the current Governor of the Reserve Bank of Australia, having succeeded Glenn Stevens on 18 September 2016. He was previously deputy governor under Stevens from February 2012 to September 2016.

RBA: Australia names first woman to lead its central bank

Jul 13,2023 11:00 pm

By Annabelle Liang & Hannah Ritchie BBC News

Australia 's Central Bank has announced that it will be led by A Woman for the First Time .

Michele Bullock will succeed Philip Lowe , who has been The Governor of the Reserve Bank of Australia (RBA) for seven years.

Her appointment comes as the country has been battling rising prices and the RBA is facing a major shakeup.

It has raised interest rates to their highest level in over a decade in a bid to tackle inflation.

The Australian Financial Services industry is male-dominated and has one of The Nation 's widest gender pay gaps.

Ms Bullock, who is currently the RBA's deputy governor, is due to start her seven-year term as governor on 18 September.

" It is a challenging time to be coming into this role, but I will be supported by a strong executive team and boards, "

" I Am committed to ensuring that the Reserve Bank delivers on its policy and operational objectives for the benefit of the Australian people, " she added.

Ms Bullock has been described as an RBA insider, having joined the Central Bank as an analyst nearly four decades ago.

In that time she has held senior management positions, including assistant governor and head of the payments policy department, before being appointed as the RBA's deputy governor in April 2022.

Australia 's Prime Minister Anthony Albanese that Ms Bullock was " an outstanding economist, with a long and distinguished career at the Central Bank . "

" We believe she has The Experience , expertise and fresh perspective to lead the RBA as Australia - and The World - face ongoing economic challenges, " Mr Albanese said in another tweet.

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: " This is a historic moment for Australia with Michele's appointment seeing our RBA led by A Woman for the First Time . "

Mr Lowe, the RBA's outgoing governor, said the Central Bank was in Good Hands as it deals with The Rising cost of living.

" The Treasurer has made a first-rate appointment. I Wish Michele all The Best , " He Said .

The RBA is Under Pressure to tackle inflation, which is stretching household budgets.

The Central Bank has raised interest rates 12 times since last May - to mixed reactions from economists. The RBA's main interest rate is currently at an 11-year high of 4. 1%.

In Theory , raising interest rates makes it more expensive to borrow money and encourages people to spend less, which can bring down inflation.

Earlier this year, the Australian government released its first external review of the RBA in 40 Years .

The review made 51 recommendations, including calls for the Central Bank to have a clearer Monetary Policy framework and greater accountability.

Australia 's Financial Services industry continues to have one of The Nation 's highest gender pay gaps, according to government data.

The Workplace Gender Equality Agency found a 28. 6% difference in remuneration between males and females across the sector Last Year .

This Was higher than The National gender pay gap of 22. 8%.

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Source of news: bbc.com

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