The Treasurer dodged questions from journalists about the fate of the embattled Governor, but did thank him for his 'engagement' with the review into how the Reserve Bank functions acknowledging it was an 'uncomfortable' process for the central banker.
Mr Chalmers was asked by several journalists about the likelihood the government would re-appoint Governor Lowe when his seven-year term ended in September.
"My focus has been working with the governor, with the Opposition and others and particularly with the review panel to finalise and now release the recommendations of the RBA review." "I wont pre-empt the discussions with my colleagues in the cabinet. The Prime Minister in particular," he said. "What I have tried to do as Treasurer and before that as well is not to pre-empt or second-guess decisions made by the Reserve Bank board.
"Not to second-guess decisions made but to make sure that we have the best combination of transparency and independence and expertise, so we have a world-class Reserve Bank in the future."
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