In recent years a number of enthusiastic groups, the “MacPru Crew”, have claimed that if only the RBA/APRA would fully embrace the doctrines of Macroprudential regulation, Australia could have a monetary policy […]
The first Tuesday of the month is the scheduled day for monetary policy twitchers to don their pin stripe camo and lurk expectantly on park benches in Upper Martin Place. Their presence […]
Here is DFATs fact sheet on US-Australia trade that demonstrates the great “dudness” of the FTA deal with the US signed by Howard back in the early 2000’s. https://dfat.gov.au/trade/resources/Documents/usa.pdf Trade – A […]
For many years Dick Smith and his team at Dick Smith Foods have worked hard to encourage more Australians to support local manufacturers and food producers. Putting together a range of products, […]
There has been a lot of talk recently about what the election of Donald Trump means for world trade. During the US presidential campaign, Donald Trump suggested the solution lay in the […]
This morning the topic of revolution was in the air at macrobusiness. Not so sure we are about to get a revolution but one thing is clear the so called “neoliberal consensus” […]
Bill Evans, long time RBA twitcher, is harbouring some doubts (click link) about the wisdom of the RBA Board cutting the target rate further next Tuesday. What’s up Bill? Why are you […]
There are unconfirmed reports that ‘inflation’ has been sighted in the United States http://www.macrobusiness.com.au/2016/12/inflation-rising-us/ Inflation? What’s that? Come now, that has been cured. Everyone knows that provided you privatize the vast majority […]
At the end of a comment yesterday on Macrobusiness, PFH007 concluded with Wake up ALP Wake up Greens. One response was as follows ErmingtonPlumbing November 26, 2016 at 6:51 pm Yes but […]
Keep in mind that deficits don’t matter – when you are a Republican. Democrats find it hard to complain about government spending and really hate doing the whole ‘austerity’ fan dance. So […]
So Westpac is going to charge non-resident borrowers a bit extra on their speculations in Australian property. The very idea that our local banks would be extending credit to non-residents to speculate […]
The Australian Dollar keeps on rising and if it is not rising it remains far above what our trade performance warrants -floating on a torrent of unproductive and predatory capital inflows. Below is […]
The news today is that Woolies is considering ending its agreement with SPC Ardmona for locally canned fruit. Understandably this has led to a fresh out break of the old debate – […]
Land Tax has become the new black with even the Treasurer talking about his enthusiasm for experimentation by other people (aka the state governments). However, shifting a state governments finances from the […]
Larry Summers has been talking about Central Bank independence, and it is certainly about time, but his proposals do not go far enough. The issue should be included in the terms of […]
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