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Reserve Bank Governor's Philip Lowe's base salary alone of $890,252 could buy a house in Brisbane. The make-up of his $1,037,709 remuneration has been revealed with more rate rises expected.
Pandemic exposes over-reliance on overseas revenues, especially from China
Philip Lowe says disclosing how RBA board members vote could expose them to lobbying on interest rates and make it harder to act in the national interest.
A review into the Reserve Bank has suggested global supply chain shocks in future years will make it hard to control inflation and lead to higher interest rates.
Fortescue Metals Group Limited (ASX: FMG)'s Twiggy has signed up as the junior miner's largest shareholder ahead of its planned ASX listing.