Friday, September 8, 2023

Regrets - I've had a few. But Philip Lowe goes out fighting in final speech in a shot at the media as he exits

Philip Lowe has gone out fighting in his final speech as Reserve Bank governor. 

Mr Lowe's warned that Australia's living standards are at risk without productivity reform. 

And he's taken a swipe at the media over the reporting of his now infamous signal that interest rates would stay near zero until 2024. 

Listen to my coverage of Philip Lowe's swangsong here

Also, corporate regulator ASIC is suing Australian Super alleging it failed to merge multiple member and continued to charge multiple feesd and insurance premiums.


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