McGauchie reappointed to RBA's board

Australian Treasurer Peter Costello on Thursday 30 March reappointed Telstra Corp. chairman Don McGauchie to the Reserve Bank of Australia's board for another five-year term.

"Mr. McGauchie has been a very effective board member over the past five years and his experience and knowledge have proven to be a great asset to the board," Costello said in a statement.

However, press reports suggested that the government is having trouble filling the board vacancy created by Robert Gerard's resignation

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