Bank's rising star tipped to back rate cut

AUSTRALIA - Long serving central banker Glenn Stevens is the emerging frontrunner to become new deputy governor of the Reserve Bank of Australia - and his first decision is likely to be for another cut in interest rates.

Article originally published in The Australian, 26 November

By Sid Marris, Economics correspondent

The position becomes vacant at the end of the month, when the five-year term of Stephen Grenville expires, an outsider from the diplomatic service who rose through the bank's ranks