Bernard William Fraser (born 26 February 1941) is an Australian economist and was the Governor of the Reserve Bank of Australia from September 1989 to September 1996. Fraser was born in Junee, New South Wales in 1941. He joined the Commonwealth Public Service in 1961, starting at the Department of National Development. Educated at the University of New England and the Australian National University, Bernie Fraser joined the Commonwealth Public Service in 1961, spending time in Treasury, interspersed with postings in London as a Treasury representative, three years in the Department of Finance and three years as Director of the National Energy Office. He soon moved to the Department of Treasury, in 1963. He was its London representative from 1969 to 1972. In 1981 Fraser was appointed Direct