Lowe lunch sees ‘courtesy’ unextended as ‘blab to the press’ causes fallout

Reserve Bank Governor Philip Lowe has expressed his disappointment on the fallout and criticism after a private luncheon with major bond traders and Barrenjoey was leaked to the press. “If you speak to me, you want to have trust that I’m not going to go and blab to the press the next day and I expect the same courtesy,” Mr Lowe said to a Parliamentary committee on Friday. “That courtesy was not extended after that Barrenjoey lunch and I decided, given that, we would not be doing further functions for them for quite some time.”