In the fractious world of Australian politics, the appointment of Philip Lowe as the next governor of the Reserve Bank represented one of those increasingly rare and precious glimpses of harmony.
Not only were Prime Minister Malcolm Turnbull and his Treasurer Scott Morrison in uncharacteristic unity, but the appointment was also warmly endorsed by Shadow Treasurer Chris Bowen.
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Karen Maley writes on banking and finance, specialising in financial services, private equity and investment banking. Karen is based in Sydney. Connect with Karen on Twitter. Email Karen at karen.maley@afr.com