Incoming RBA boss says she is coming into role at 'challenging time' for economy — as it happened
Incoming RBA governor Michele Bullock says she is aware of the "challenging" task she faces trying to tame inflation, while the ASX closed higher after recording its best performance all year.
www.abc.net.au
Treasurer Jim Chalmers announces Michele Bullock as the next RBA governor after a morning cabinet meeting.
It comes after the ABC confirmed current governor Philip Lowe would not have his term renewed once it expires in September.