Mr Robb’s greatest folly in his TPP/FTA adventurism is the massive green light he has given all of Australia’s trade rivals to impose high tariffs on Australian industry and workers. While he […]
The Glass Pyramid
http://www.theglass-pyramid.com
Bank Watch: QE for Debtors is coming !
GLASS PYRAMID ‘EXCLUSIVE’ SEALED SECTION CONTENT Ever since the Queen of Australia found that there was competition for the abbreviation QE there has a been growing parade of phrases with “QE” bolted on. QE […]
Iron Ore Watch: Have an Inquiry but make it a proper one.
To read the original version of this comment in the original context at Macrobusiness.com.au – (which – IMHO – has been the Number 1 place for discussion and analysis of the Australian Iron Ore […]
RBA Watch: Operation “Pea Shooter” – struggling to hit target.
To read the original version of this comment in the original context at Macrobusiness.com.au click this link. (link maybe locked – but there is a free trial available) Wednesday morning after a […]
Iron Ore : Stirring the pot – Collected TGP transmissions.
GLASS PYRAMID ‘EXCLUSIVE’ SEALED SECTION CONTENT With Twiggy continuing his crusade against the big boys of Oz Iron Ore and attracting more participants to the debate day by day (the AWU joined in […]
Green Watch: A new leader? – An opportunity for a new Green economic agenda.
GLASS PYRAMID ‘EXCLUSIVE’ SEALED SECTION CONTENT In the main quadrangle of the Glass Pyramid lies a fountain fed by an underground spring. As the waters seem likely to run forever it was decided […]
Twiggy, FMG and the quaint notion of the National Interest
To read the original version of this comment in the original context at Macrobusiness.com.au click this link. (link maybe locked – but there is a free trial available) It is unfortunate that […]
RBA Watch: The joke that is RBA “independence”
To read the original version of this comment in the original context at Macrobusiness.com.au click this link. (link maybe locked – but there is a free trial available) The RBA May interest […]
Negative Gearing: A symptom of a much bigger problem.
The “negative gearing” mania in Australia is largely a symptom of a bigger problem as without an expectation of excessive capital gains few would be getting excited about negative gearing ‘Oz Style’ (aka losing […]
RBA Watch: Minutes and Glenn in the “Big Apple”
To read the original version of this comment in the original context at Macrobusiness.com.au click this link. (link maybe locked – but there is a free trial available) The RBA have been […]
QandA Briefing: Mr Robb and his radical ‘Top Secret” TPP and FTA mission.
GLASS PYRAMID ‘EXCLUSIVE’ SEALED SECTION CONTENT Update: Unfortunately, last night QandA managed to spend well over an hour on everything (including railway crossings in Melbourne) other than the top secret proposed TPP agreement. […]
Don’t let the “mining booms forever” crowd off the hook.
GLASS PYRAMID ‘EXCLUSIVE’ SEALED SECTION CONTENT Note: An earlier version of this edition referred to “cretins”. That was unkind to the cretin community. References have been replaced with “snake oil merchants”. Apologies in […]
IMF Watch: RBA told to give the Debt Machine more juice!!
GLASS PYRAMID ‘EXCLUSIVE’ SEALED SECTION CONTENT As regular receivers of Glass Pyramid transmissions would be aware, the RBA and its Debt Machine maintenance techniques are a regular source of wonder and amusement to those […]
China: Is a hard landing inevitable?
To read the original version of this comment in the original context at Macrobusiness.com.au click this link. (link maybe locked – but there is a free trial available) No major impediments to […]
Politics of Fear: Coming soon ….in 3D “The Economy Edition”
To read the original version of this comment in the original context at Macrobusiness.com.au click this link. (link maybe locked – but there is a free trial available) “”…but my money is […]
RBA Watch: The Debt Machine is a “..little deuce coupe..”
The RBA has a rope tied to each arm and leg and a team of horses pulling on each. They love their household Debt Machine – it is what they have been […]
APRA Watch: Why is APRA doing very little as Sydney housing foams?
To read the original version of this comment in the original context at Macrobusiness.com.au click this link. (link maybe locked – but there is a free trial available) In this scene Michelle […]
Has the RBA lost its Mojo or is it just “idling” the Debt Machine.
To read the original version of this comment in the original context at Macrobusiness.com.au click this link. (link maybe locked – but there is a free trial available) The RBA certainly seems […]
RBA Watch: The case for NOT cutting rates is clear
GLASS PYRAMID ‘EXCLUSIVE’ SEALED SECTION CONTENT Updated: The RBA hold at the April meeting. All this talk about the $AUS and how it needs to fall to ‘allow the economy to re-balance’ and that […]
Iceland shows Australia how to fix a broken Monetary System
GLASS PYRAMID ‘EXCLUSIVE’ SEALED SECTION CONTENT It seems that Iceland remains determined to be the only country that is prepared to chart an independent course in a world of high finance and private and […]
RBA Watch: Finally the spotlight is turning towards the RBA
GLASS PYRAMID ‘EXCLUSIVE’ SEALED SECTION CONTENT An issue of long standing concern to the Glass Pyramid is the role of the RBA within the Australian structure of economic management. It is great to […]
Selling Australia: Toll – Another $6.5B worth of Oz Assets sold
GLASS PYRAMID ‘EXCLUSIVE’ SEALED SECTION CONTENT Mr Hockey announced on Thursday that he had given a big green tick to the $6.5B transfer of ownership of Toll Holdings to Japan Post (a Japanese […]
TECS – We need HECS for Trades
GLASS PYRAMID ‘EXCLUSIVE’ SEALED SECTION CONTENT We have heard a lot over the last few months about the HECS system and $100,000 degrees. While that debate has been very important it has overshadowed […]
The Oz Economy – The future is bright if……….
To read the original version of this comment in the original context at Macrobusiness.com.au click this link. (link maybe locked – but there is a free trial available) While the woeful performance […]
Peter Martin gives Hockey an undeserved break on unlocking super for housing
GLASS PYRAMID ‘EXCLUSIVE’ SEALED SECTION CONTENT In a strange article, the usually pretty reliable Peter Martin, gives Joe a break over the plan that has been floated, and to varying degrees supported by […]
QandA: Tony Jones talks about fiscal policy with Mr Hockey without looking embarassed
To read the original version of this comment in the original context at Macrobusiness.com.au click this link. (link may be locked – but there is a free trial available) One thing interesting […]
NSW Election Special – Assets from the Attic
GLASS PYRAMID ‘EXCLUSIVE’ SEALED SECTION CONTENT The NSW election is in full swing! It is getting hard to control excitement levels in the glorious Emerald City as the buzz of the democratic process […]
The special sauce of the Oz economy: “Household Debt” breaks through to the mainstream.
To read the original version of this comment in the original context at Business Spectator click this link. (link may be locked – but there is a free trial available) First it was […]
Hey Joe ! – Expensive first homes? Attack of the BANANAs
To read the original version of this comment in the original context at Macrobusiness.com.au click this link. (link may be locked – but there is a free trial available) From the archives – […]
Australian banks see no problems with the House Price Ponzi
To read the original version of this comment in the original context at Macrobusiness.com.au click this link. (link may be locked – but there is a free trial available) BREAKING NEWS!!! Wow! […]
The RBA assures us there is nothing to fear even as the ‘bait rate’ debt life support measures are turned up to 11.
To read the original version of this comment in the original context at Macrobusiness.com.au click this link. (link may be locked – but there is a free trial available) Any wonder that […]
Boomers did not start the fire – but some do enjoy the glow.
To read the original version of this comment in the original context at Macrobusiness.com.au click this link. (link may be locked – but there is a free trial available) “…Again, to couch […]
A reason interest rates may not stay lower for longer
To read the original version of this comment in the original context at Macrobusiness.com.au click this link. (link may be locked – but there is a free trial available) The Household Debt […]
RBA Rate Day: The price of debt in Oz – Keep it low no matter what damage it causes.
To read this comment in the original context at Macrobusiness.com.au click this link. (link may be locked – but there is a free trial available) Peachy, That’s about the sum of it. […]
How to stop the “currency wars” from destroying the Australian economy (…any more than they already have)
This comment was made at Macrobusiness (link may be locked – but there is a free trial available) Houseless, A fiat currency regime is not a WMD because it is easy for […]
The Dad’s Army of Oz Economics are befuddled.
An excellent read at Macrobusiness this morning But on this occasion, I am a bit biased “And is keeping that spiggot open a solution, Gotti? Self-evidently, not. It’s not the content of […]
Economics: The BOS index (beads of sweat) is reaching new highs
This comment was made at Macrobusiness (link may be locked – but there is a free trial available) Expect things to get very incoherent as a defunct economic model (neo-lib attitudes to trade and […]
Mr Hockey – Subservience to offshore bankers has been core LNP policy since 1996.
This comment was made at Macrobusiness (link may be locked – but there is a free trial available) Joe Hockey is either having a lend or is as ignorant as he seems […]
Land mines on the road to ZIRP
This comment was made at Macrobusiness (link may be locked – but there is a free trial available) Excellent. However, the final reel of this movie is much more exciting than you […]
Will APRA-Man save us? Does he really care?
This comment was made at Macrobusiness (link may be locked – but there is a free trial available) APRA-man certainly has the powers required and not just the spoon bending stuff like […]
If only the public debate about the economy could move on to solutions.
This comment was made at Macrobusiness (link may be locked – but there is a free trial available) Unfortunately, while the end of the neo-liberal monetary policy epoch – including the outsourcing […]
Quarantine Breakdown: Infected capital imports are just as bad as infected berry imports.
This comment was made at Macrobusiness (link may be locked – but there is a free trial available) It is not really surprising that we are finding diseased, and unhealthy goods entering […]
Land use restrictions give regions the rough end of the stick.
This comment was made at Macrobusiness (link may be locked – but there is a free trial available) Land use restrictions should be relaxed right across the country. Rather than the current […]
Govt – Land Banker (Gouger) in Chief
This comment was made at Macrobusiness (link may be locked – but there is a free trial available) The worst land banking offender is the govt. Ever since the model of outsourcing […]
Scott Morrison for PM? Seriously?
This comment was made at Macrobusiness (link may be locked – but there is a free trial available) Is he pragmatic enough to understand that repeating IPA talking points and working through […]
Allow retirees a HECS style way of tapping their asset wealth for retirement income (but keep the banks out of it)
This comment was made at Macrobusiness (link may be locked – but there is a free trial available) As others have noted – increasing the asset threshold would ensure that including the […]
The Oz Banana Republic – Take a bow RBA ‘independence’
This comment was made at Macrobusiness (link may be locked – but there is a free trial available) Considering the role the RBA board accepted as the de facto manager of the […]
Rental Vacancies – still far too tight (again Bullwinkle?)
This comment was made at Macrobusiness (link may be locked – but there is a free trial available) Good to see that Darwin has managed to hold on to that 3 but […]
Low Vacancy rates = Lazy Landlords
This comment was made at Macrobusiness (link may be locked – but there is a free trial available) Good to hear but vacancy rates across Sydney are still very low (circa 2%). […]
Gov Glenn is running out bullets – Are there better options than more rate cuts?
This comment was made at Macrobusiness (link may be locked – but there is a free trial available) “….But what’s the alternative to rate cuts?..” Simple 1. Reduce the unproductive capital inflows […]
The Glass Pyramid 