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Reserve Bank Governor Shifts Focus to People Rather than Spreadsheets
Reserve Bank Governor Michelle Bullock was appointed to the position after a 20-year career in the Reserve Bank, including being the recipient of subsidised housing loans despite her substantial salary. Her early comments were reflective of her being "a long time in the public service bubble" and were out of touch with the hardships faced by everyday Australians due to past Reserve Bank policies causing high inflation and interest rates.
Her recent comments, however, appear to be much more in tune with understanding everyday Australians' concerns.
At the recent Senate Estimates, my questions were aimed firstly at getting updates on less reported projects and secondly, I wanted to know whether the Governor realised her role is about people not spreadsheets.
I found her responses encouraging and look forward to more people-oriented management from the Governor going forward.
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