Media Release Appointment to the Monetary Policy Board

The Reserve Bank of Australia welcomes the announcement by the Treasurer appointing Melinda Cilento to the Monetary Policy Board.

Ms Cilento brings extensive experience in economics, public policy and business leadership, including through senior roles across private, public and not-for-profit organisations. Her broad perspective will be a valuable addition to the Monetary Policy Board's deliberations.

Governor Michele Bullock extends her sincere gratitude to Ian Harper AO, whose term on the Monetary Policy Board ends on 31 August, for his significant contributions to monetary policy during his time on the Board and its predecessor, the Reserve Bank Board.

Professor Harper brought rigorous analysis, intellectual curiosity and sound judgement to policy deliberations. The Governor thanks Professor Harper for his dedication and insights, which have greatly assisted the work of the RBA over the past decade.