When Philip Lowe bowed out as governor of the Reserve Bank of Australia in 2023, he used the annual Anika Foundation lunch to sign off, just as his predecessor Glenn Stevens had done back in 2016.In 2023, an emotional Lowe handed Michele Bullock a mug with the words “half full”, a symbol of the optimistic disposition needed for a complicated job that requires maintaining the trust and confidence of the public, policymakers, and the price makers of the financial markets.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
Michele Bullock has the ballroom blues
The Sydney Sheraton’s ballroom was packed to hear Michele Bullock’s Anika Foundation address. But try as she might, she could deliver only a ‘mug half empty’ message.
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