Michele Bullock is set to make history when she becomes the inaugural female Governor of Australia’s Reserve Bank (RBA). Known for her expertise and stellar financial career, she will soon make history when elected in 2019.
Michele Bullock: A Brief Biography
Michele Bullock moved from Melbourne to Armidale, New South Wales as an early child. A self-described “country girl”, Michele credits her upbringing with giving her special insights and perspectives that have assisted in her work at RBA.
Bullock’s educational journey started at Armidale High School. Bullock received her Bachelor of Economics with honors from University of New England (UNE). Following an experience at London School of Economics – where she obtained a master’s degree – Bullock started working at RBA as an analyst in 1985.
Career Path
Bullock’s career at the RBA is nothing short of impressive. She’s served in various positions, from roles in the Economic and International Departments to becoming an Adviser for the Currency Group. She’s also served as the head of the Payments Policy Department.
In 2010, she was appointed as one of the RBA’s assistant governors, a position she held in multiple departments. Bullock currently serves as Deputy Governor, Chair of the Payments System Board and member of Chief Executive Women (CEW). On September 18th she will make history by becoming both ninth Governor and the first female Governor in RBA’s history.
A Private Family Life
Despite her high-profile career, Bullock maintains a private personal life. Her family members’ identities, including her spouse and children, have remained undisclosed, demonstrating her commitment to keeping her private life separate from her professional responsibilities.
Michele Bullock’s Financial Portfolio
Bullock’s impressive career has earned her a substantial financial portfolio. With more than 37 years of experience in the RBA, her compensation as Australia’s new Reserve Bank Governor would be around $1 million.
Real Estate Investments
News.com.au reports that Michele owns an estimated portfolio of six real estate properties worth an estimated total of $6 million, including her family home in Five Dock, Sydney’s inner west – currently estimated between $2.55 and $3 million in value.
Bullock also owns investment properties in Russell Lea and Drummoyne. The Drummoyne property, purchased for $670,000 in 2012, is now estimated to be worth up to $1.1 million. Another investment property on the boundary of Five Dock and Russell Lea, purchased sixteen years ago, is believed to be worth $1.12 million today.
Bullock’s considerable wealth and successful career trajectory paint a picture of a strong, determined woman, unafraid to break barriers. As she steps into the role of Governor of the RBA, Australia eagerly awaits the new chapter in its financial history.