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Markets special, RBA governor ousted & a billionaire bust-up

Chanticleer

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Philip Lowe as the RBA's Second in Charge

Michelle Bullock joined the RBA in 1985 and is a CBA Lifer. She was one of seven people mentioned as a contender for the top job. Her appointment has been praised by super fund chief John Pierce. He said Philip Lowe's done a great job at in tough circumstances. But he hasn't felt Lowe didn't get it any more wrong than anyone else.

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