Costello hints at new term for RBA's Macfarlane

Australian Treasurer Peter Costello gave a strong hint Reserve Bank (RBA) governor Ian Macfarlane would be appointed to lead the central bank for another term. Mr Macfarlane's term is due to expire on September 17.

Source: The Age

Australian Treasurer Peter Costello gave a strong hint Reserve Bank (RBA) governor Ian Macfarlane would be appointed to lead the central bank for another term. Mr Macfarlane's term is due to expire on September 17.

Asked if he would be reappointed, Mr Costello said Mr