Read about Philip Lowe’s biography, age, wife, children, height, family, parents and other pertinent information.
Philip Lowe is an Australian economist. He is the current Governor of the Reserve Bank of Australia, having succeeded Glenn Stevens on 18 September 2016. He was previously deputy governor under Stevens from February 2012 to September 2016.
| Name | Philip Lowe |
| Net Worth | $2 million |
| Occupation | Economist, Governor |
| Age | 59 years |
| Height | 1.75m |
| Salary | $20,000+ |
Lowe was born in 1963 (at age 59 years) in Wagga Wagga, New South Wales, as the eldest of five children in the family. He attended St Michael’s High School and Trinity Senior High School. Lowe later moved to Sydney and was hired by the RBA straight out of high school. He was initially employed as a clerical worker in 1980 at the age of 17 while completing his undergraduate commerce degree at the University of New South Wales by attending night classes.
He was awarded first-class honors and the University Medal on his graduation in 1985. Philip Lowe later completed a doctorate in 1994 at the Massachusetts Institute of Technology (MIT), with Paul Krugman as his adviser. Check Out: Jeromo Powell net worth
In 1997, Lowe was appointed head of the RBA’s Economic Research Department. He later headed the bank’s Financial Stability Department (from 1999 to 2000), the Domestic Markets Department (from 2002 to 2003), and the Economic Analysis Department (from 2003 to 2004). Lowe worked at the Bank for International Settlements in Switzerland, as head of its Financial Institutions and Infrastructure Division from 2000 to 2002.
He was made Assistant Governor (Financial System) at the RBA in 2004, and Assistant Governor (Economic) in 2009, eventually becoming Deputy Governor in 2012. In May 2016, Scott Morrison (the Treasurer of Australia) announced that Lowe would succeed Glenn Stevens at the head of the RBA at the end of his term in September 2016. Phillip Lowe reportedly made $1 million AUD in 2021 from his job at the RBA.
Philip Lowe is still married to his beautiful wife and they have three children together. Lowe first met his wife, Jocelyn Parker, who works at the Australian Prudential Regulation Authority, while working at the RBA. Lowe stands at an appealing height of 1.75m and has a good body weight which suits his personality. Also, read Jim Chalmers net worth
What is Philip Lowe’s net worth? The net worth of Philip Lowe is approximately $2 million. His primary source of income is from his career as an economist. Lowe’s salary per month with other career earnings is over $250,000 dollars annually. He is one of the richest and most influential economists in Australia. His successful career has helped him to afford some luxurious lifestyles and some fancy car trips.