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The Guardian - AU
The Guardian - AU
National
Peter Hannam Economics correspondent

Who is in the race if Jim Chalmers decides to replace Philip Lowe as RBA governor?

Pedestrians walk past the Reserve Bank of Australia building in central Sydney
Should Jim Chalmers replace Philip Lowe as RBA governor his successor can expect a challenging start. Photograph: Steven Saphore/Reuters

Philip Lowe enjoyed a dream start in his role as Reserve Bank governor, overseeing 29 consecutive board meetings over almost three years when official interest rates were left unchanged.

Should the treasurer, Jim Chalmers, replace Lowe when his seven-year term ends on 17 September his successor is unlikely to enjoy such a tranquil beginning.

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