After watching the speech by Leader of the Greens Richard Di Natale at the National Press Club yesterday it is clear that the Greens understand the importance of fixing our Australian banking […]
The Greens and our Banking “problem”
APRA and the Oz house price bubble
This morning Macrobusiness neatly contrasted The Australian’s coverage of the evidence of Mr Wayner Byers, head of APRA, to the House Economics Committee, “..Mr Byres said APRA was not responsible for policing much of […]
Debt-ogenics: Why was it harder to get a home loan in the 1980’s?
Why was it harder to get a home loan in the 1980s? Back in the “olden days” there was still a very good understanding of the economic significance of private bank credit […]
The “Private Banking Apologist” Weekend Challenge
Yes it is back !. Last weekend saw some reliable ‘go to’ private banking enthusiasts plunge in and splash around at the shallow end of the pool but with few useful contributions. […]
Australia fixed it’s gun problem: Now it should fix it’s ‘private bank’ problem.
One of the most effective lines peddled by the National Rifle Association ‘NRA’ in the USA in relation to gun regulation is that guns don’t kill people, people kill people. The NRA […]
Renting in Australia: Some signs of health
SQM has. published new data on the level is vacancies in the rental markets across Australia. http://www.sqmresearch.com.au/graph_vacancy.php?region=nsw%3A%3ASydney&type=c&t=q Signs of improvement in Sydney (2.6%) and Brisbane (3.8%) but still tight as ever in […]
Policy paralysis: Capital flows from China.
A lot of people spend a lot of time engaging in the reading of Chinese government tea leaves. It is the modern equivalent of the Cold War exercise of Kreminology where platoons […]
Bank “Junk Food” credit, macroprudential and the Australian Banking Royal Commission
With all the excitement surrounding the announcement of a Royal Commission into Australian banks, a few have asked whether there are less drastic options than those recommended by the Glass Pyramid in […]
Real economic reform starts with a Banking Royal Commission
What a week it has been. The Prime Minister Malcolm Turnbull and the Treasurer Scott Morrison have been dragged kicking and screaming by the public, the opposition and even members of their […]
Banker Panic ! Why a Royal Commission is so important.
What a week it has been. The Prime Minister Malcolm Turnbull and the Treasurer Scott Morrison have been dragged kicking and screaming by the public, the opposition and even members of their […]
Fixing politics: How to get rid of political hacks and vote for change in Australia
Are you completely fed up with Australian politics? Fed up with career politicians who can’t even read the constitution and renounce claims to privileges granted to them by foreign powers? Fed up […]
A 3 Step Plan to drain the Australian economic swamp
The Bank of American Merrill Lynch reportedly thinks the RBA monetary policy lever might be broken, while many other are concerned that the rising levels of interest bearing public debt incurred by […]
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 […]
A Productive Banking system? A job for RBA and APRA.
Macrobusiness ran a post today about a suggestion that Central Banks like The Reserve Bank of Australia should target nominal GDP growth. The article was critical of the proposal and identified the […]
Mr Pascoe: Only two mistakes…….provided we don’t talk about the big one.
Columns by Mr Pascoe are always entertaining and fun to read, and when the drive to catch eye balls is in harmony with talking sense they can be powerful medicine. In his […]
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