Statutory Appointments
The following officers of the Reserve Bank of Australia are appointed under
statute:
Name |
Position |
Provision of Act |
Date of Appointment |
Present Term Ends |
Philip Lowe |
Governor |
24(1) of the Reserve Bank Act 1959 |
18 Sep 2016 |
17 Sep 2023 |
Michele Bullock |
Deputy Governor |
24(1) of the Reserve Bank Act 1959 |
2 Apr 2022 |
1 Apr 2027 |
Reserve Bank Board
Name |
Position |
Provision of Act |
Date of Appointment |
Present Term Ends |
Ex officio Appointments to the Reserve Bank Board |
Philip Lowe |
Chair |
14(1)(a) and 20(1) of the Reserve Bank Act 1959 |
18 Sep 2016 |
At the end of his term as Governor |
Michele Bullock |
Deputy Chair |
14(1)(b) and 20(1) of the Reserve Bank Act 1959 |
2 Apr 2022 |
1 Apr 2027 |
Steven Kennedy PSM |
Secretary to the Department of the Treasury |
14(1)(c) of the Reserve Bank Act 1959 |
2 Sep 2019 |
At the end of his term as Secretary to the Department of the Treasury |
Other Members of the Reserve Bank Board |
Mark Barnaba AM |
Reserve Bank Board Member |
14(1)(d) and 14(4) of the Reserve Bank Act 1959 |
31 Aug 2017 |
30 Aug 2023 |
Ian Harper AO |
Reserve Bank Board Member |
14(1)(d) and 14(4) of the Reserve Bank Act 1959 |
31 Jul 2016 |
30 Jul 2026 |
Carolyn Hewson AO |
Reserve Bank Board Member |
14(1)(d) and 14(4) of the Reserve Bank Act 1959 |
30 Mar 2021 |
29 Mar 2026 |
Iain Ross AO |
Reserve Bank Board Member |
14(1)(d) and 14(4) of the Reserve Bank Act 1959 |
7 May 2023 |
6 May 2028 |
Carol Schwartz AO |
Reserve Bank Board Member |
14(1)(d) and 14(4) of the Reserve Bank Act 1959 |
14 Feb 2017 |
13 Feb 2027 |
Alison Watkins AM |
Reserve Bank Board Member |
14(1)(d) and 14(4) of the Reserve Bank Act 1959 |
17 Dec 2020 |
16 Dec 2025 |
Payments System Board
Name |
Position |
Provision of Act |
Date of Appointment |
Present Term Ends |
Ex officio Appointments to the Payments System Board |
Philip Lowe |
Chair |
25A(a) and 25C of the Reserve Bank Act 1959 |
18 Sep 2016 |
At the end of his term as Governor |
Michele Bullock |
Deputy Chair |
25A(b), 25B(1) and 25D(1) of the Reserve Bank Act 1959 |
29 October 2016 |
Open ended |
John Lonsdale |
Chair, Australian Prudential Regulation Authority |
25A(c) and 25B(2) of the Reserve Bank Act 1959 |
1 Nov 2022 |
Open ended |
Other Members of the Payments System Board |
Gina Cass-Gottlieb |
Payments System Board Member |
25A(d) and 25B(3) of the Reserve Bank Act 1959 |
1 Aug 2018 |
31 Jul 2023 |
Scott Farrell |
Payments System Board Member |
25A(d) and 25B(3) of the Reserve Bank Act 1959 |
23 Mar 2022 |
22 Mar 2027 |
Deborah Ralston |
Payments System Board Member |
25A(d) and 25B(3) of the Reserve Bank Act 1959 |
15 Dec 2016 |
14 Dec 2026 |
Greg Storey |
Payments System Board Member |
25A(d) and 25B(3) of the Reserve Bank Act 1959 |
1 Aug 2018 |
31 Jul 2023 |