It is her knowledge of, interest in and thought leadership in the payments domain that is the hallmark of Michele Bullock’s claims for leadership of the RBA.
If there was a time when payments was underrated and under-supervised, well, there is one thing that you can say about Bullock – she has righted this ship and pointed it in a reformist direction.
At the Payments System Board they have listened to the astute analysis of an absolute professional over many years.
Look through the Banking Day clips on Michele Bullock. They are essentially all about payments.
She has earned her stripes, performed and will prove an able RBA CEO.
However, she does have the misnamed technology outage from late 2021 to account for. A payments catastrophe of the highest order, confined in the end to around seven hours.