In this week’s episode, James and Anthony discuss the appointment of new RBA governor Michele Bullock, look at what Andrew and Nicola Forrest’s marriage break-up means for Fortescue, and welcome a special guest to look ahead to a huge year for markets.
, being the second in charge, and that’s normally the way things go, not just at the RBA, but everywhere in business.wrote about as a contender for the top job.
Everyone’s been trying to read the tea leaves and probably read them wrong. And she sort of just snuck in there as the second in charge.I think people maybe didn’t have her as the favourite a couple of weeks ago because she was the internal candidate.Jim Chalmers launched this independent review of the RBA. He’d made a big song and dance about how we need to change the RBA.
You think about Matt Comyn at CBA. Comyn knew the place, and it meant that he was able to get in there, make a lot of changes really quickly, and drive organisational change without losing institutional memory. So maybe that’s the right model.For us and the sharemarket, corporate Australia, the big issue is what happens to the control of theI don’t see a lot of change at the moment. Andrew Forrest is the sort of beating heart of Fortescue, he’s the talismanic leader.
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