The Reserve Bank has promoted Luci Ellis to the position of Assistant Governor (Economic), making her to first woman to become what is effectively the central bank's chief economist.
As Assistant Governor (Economic) she will move into the post held by the last three Reserve Bank governors before their promotion to Deputy Governor and then Governor.
More BusinessDay Videos
- Video duration
- 02:50
Phillip Lowe appointed RBA governor
Phillip Lowe appointed RBA governor
As the 'obvious choice' to replace Glenn Stevens, MIT-educated Phil Lowe is expected to follow the pragmatic approach of his predecessor, as Mal Maiden explains.
Up Next
Here's how Apple's numbers impact its suppliers
- Video duration
- 04:06
- Video duration
- 04:06
Here's how Apple's numbers impact its ...
Here's how Apple's numbers impact its suppliers
Apple reported falling iPhone sales, highlighting the need to deliver blockbuster new features in the next edition of the flagship device if the company is to fend off rivals like Samsung.
Up Next
Apple falls, Wall Street rallies
- Video duration
- 01:09
- Video duration
- 01:09
Apple falls, Wall Street rallies
Apple falls, Wall Street rallies
Disappointing iPhone sales has led to a drop in Apple shares.
Up Next
Victorian budget 2017: Josh Gordon's analysis
- Video duration
- 01:27
- Video duration
- 01:27
Victorian budget 2017: Josh Gordon's ...
Victorian budget 2017: Josh Gordon's analysis
What were the big ticket items from this year's Victorian budget? State political editor Josh Gordon boils it down.
Up Next
Victorian budget 2017: Winners and losers
- Video duration
- 02:45
- Video duration
- 02:45
Victorian budget 2017: Winners and losers
Victorian budget 2017: Winners and losers
Who are the winners and losers from this year's Victorian state budget?
Up Next
Interest rates going nowhere
- Video duration
- 01:27
- Video duration
- 01:27
Interest rates going nowhere
Interest rates going nowhere
The Reserve Bank continues to keep interest rates on hold. Eryk Bagshaw explains the logic.
Up Next
Murray Goulburn closes processing plants
- Video duration
- 01:14
- Video duration
- 01:14
Murray Goulburn closes processing plants
Murray Goulburn closes processing plants
Milk producer Murray Goulburn announces it will shut down three manufacturing facilities and write off $150m in debts owed by farmers.
Up Next
ASX winners and losers - a snapshot
- Video duration
- 00:43
- Video duration
- 00:43
ASX winners and losers - a snapshot
ASX winners and losers - a snapshot
The stand out listings traded on the Australian Stock Exchange captured at key moments through the day, as indicated by the time stamp in the video.
Phillip Lowe appointed RBA governor
As the 'obvious choice' to replace Glenn Stevens, MIT-educated Phil Lowe is expected to follow the pragmatic approach of his predecessor, as Mal Maiden explains.
The Assistant Governor (Economic) runs both the economic research and economic monitoring departments and presents an update on the economy to each Reserve Bank board meeting.
As head of the bank's financial stability department since 2008, Dr Ellis has become one of its main experts on housing, delivering speeches on the spatial as well as financial aspects of real estate and representing the bank at parliamentary inquiries into housing.
Dr Ellis joined the Bank in 1991 and worked mainly in its two economic departments before being seconded to the Bank for International Settlements in Switzerland.
She obtained a doctorate in economics from the University of New South Wales and a first-class honours degree from the University of Melbourne.