Outgoing Reserve Bank Governor Philip Lowe gave his final speech in Sydney yesterday after a seven-year term as Governor.
Lowe admitted some of his public statements as Governor had “missed the mark”. He criticised the media, however, for its “vitriol, personal attacks and clickbait”.
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Lowe acknowledged the RBA had got “some things right [but] other things wrong” during his tenure and named climate change and housing as key future challenges for Australia.
