Australia media report that Reserve Bank of Australia Governor Lowe will no be reappointed

<p>Reserve Bank of Australia Governor Lowe's term finishes up in September. He is seeking reappointment. Local public broadcaster ABC says he will not be reappointed. </p><p>The Australian Federal government Cabinet is expected to meet this morning to decide on his replacement. An announcement from Treasurer Jim Chalmers is expected to follow.
</p><p>Three front runners are said to be deputy Reserve Bank Governor Michele Bullock, Treasury secretary Steven Kennedy and Finance Department secretary Jenny Wilkinson.</p><p>Reserve Bank of Australia Governor Lowe and Australian PM Albanese</p>

This article was written by Eamonn Sheridan at www.forexlive.com.