While the Australian banking ‘industry’ has plenty of devoted insiders who refuse to countenance any change to the status quo, even they have to admit that the performance of their “meal ticket” […]
MyRBA: The Quick Guide and helpful links
Some readers of the Glass Pyramid have requested a Quick Guide to the key points of the MyRBA proposal that they can send to friends and family to get them up to […]
COVID-19: Who are the real “Money Printers”
With the COVID-19 pandemic punching a giant hole in the normal patterns of economic activity in Australia, the media has been full of debate about the best ways to respond. Not surprisingly […]
What do people mean when they say “Sydney is full”
The media in Sydney is currently full to the brim with stories about the fullness of Sydney. Some people like former NSW Premier Mr Bob Carr reckon Sydney was full 20 years […]
An iron ore National Export Volume Auction (NEVA) is the best way to protect national income
Over the last few weeks the airwaves have been buzzing about the falling national income (and the problems for Mr Hockey’s budget) due to the rapid decline in the price of iron ore and […]
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 […]
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 […]
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 […]
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 […]
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 […]