Reserve Bank of Australia governor Michele Bullock receives total remuneration of about $1.22 million in 2025–26, according to figures reported by multiple outlets. The reports say her base salary also exceeds $1 million.
The coverage links the pay figures to ongoing pressure faced by RBA workers, with some reporting that staff are dealing with real wage cuts while the bank’s decisions affect mortgage and borrowing costs. One outlet frames Bullock’s earnings as notably high among Australian women with government roles during an inflation period, while other outlets focus on the broader pay package and what it means for how senior leadership is compensated. Sources also point to a new report on top executive remuneration within the RBA.
Across the articles, the central focus remains the publication of remuneration details for the governor and the comparison to wage conditions for other staff, without further change to RBA policy noted in the reports.