This comment was made at Macrobusiness (link may be locked – but there is a free trial available) What is this prestige requirement for hire cars? That sounds unlikely, just because some […]
Low interest rates – the magic pudding myth of a chronic CAD Country
This comment was made at Macrobusiness (link may be locked – but there is a free trial available) Flawse, “…The point is that none of it is aimed at getting production aimed […]
Is fixing our broken private debt driven economic model Mission impossible?
This comment was made today at Macrobusiness (link may be locked – but there is a free trial available) Flawse, Your inflexible bladder analogy is over stating the position. Sure the economy should […]
What is the final destination for Oz – ZIRP or NIRP?
This comment was made at Macrobusiness (link may be locked – but there is a free trial available) If overseas central banks are exploring NIRP Australia could attract capital simply by being […]
Don’t anybody mention the war (Household Debt)
This comment was made this week at http://www.macrobusiness.com.au (link may be locked but there is a free trial available) http://www.macrobusiness.com.au/2015/02/treasury-greybeards-warn-australian-financial-crisis/#comment-1086849 Not sure about retired Treasury officials, but is pretty clear that the […]
Our addiction to low interest rates and off-shore debt is killing Oz car manufacturing No. 1
This comment was made this week at http://www.macrobusiness.com.au (link may be locked) http://www.macrobusiness.com.au/2015/02/ford-threatens-early-exit-jobs-shock-looms/#comment-1082885 It is a crying shame that we adopted policies that bloated our exchange rate with sales of public and […]
APRA shops for a Macro-Prudential chastity belt
This comment was made this week at http://www.macrobusiness.com.au (link may be locked) http://www.macrobusiness.com.au/2015/02/housing-finance-rockets/#comment-1083174 APRA are still window shopping on eBay looking for a Macro Prudential Chastity belt that does not restrict movement. […]
Will Chinese Factory workers forgive Oz Household Debts?
This comment was made this week at http://www.macrobusiness.com.au (link may be locked) http://www.macrobusiness.com.au/2015/02/apra-must-rein-property-1890s-time/#comment-1084405 The answer to that question is that they will not but then none of the IOUs issued by Australian […]
Why Australia is not like Texas
This comment was made this week at http://www.macrobusiness.com.au (link may be locked) http://www.macrobusiness.com.au/2015/02/abbottalypse-destruction-mushrooms/#comment-1082523 Nor, There are still plenty of places in the US where land costs are low. In Australia, in a […]
Interest rate cuts – Extend and Pretend
This comment was made this week at http://www.macrobusiness.com.au (link may be locked) http://www.macrobusiness.com.au/2015/02/abbottalypse-destruction-mushrooms/#comment-1082505 Yep The half life of the current extend and pretend policies; Bait rates to ZIRP and NIRP FTAs FIRB […]
Oz Car manufacturing sacrificed for low interest rates and off shore debt
This comment was made this week at http://www.macrobusiness.com.au (link may be locked) http://www.macrobusiness.com.au/2015/02/ford-threatens-early-exit-jobs-shock-looms/#comment-1083095 I think it is worth keeping in mind that the ongoing but gradually reduced protection of the motor vehicle […]
Is it fair to only restrict foreign ownership in Agricultural Land?
This comment was made this week at http://www.macrobusiness.com.au (link may be locked) http://www.macrobusiness.com.au/2015/02/coalition-tighten-foreign-agricultural-investment/#comment-1084355 The solution to that problem is to restrict foreign investment in residential property to new builds. That way farmers […]
Time for a Productive Foreign Investment Approval and Audit Authority.
This comment was made this week at http://www.macrobusiness.com.au (link may be locked) http://www.macrobusiness.com.au/2015/02/coalition-tighten-foreign-agricultural-investment/#comment-1083744 It will be interesting to see how this works in practice with Mr Robb trumpeting FTAs where no questions […]
How will our oz Pollies respond to the economic headwinds?
http://www.macrobusiness.com.au/2015/02/australian-property-big-fat-sell/#comment-1078737 There are plenty of heads winds. Not least being the $95B of household disposable income disappearing down the gullet of the banks to pay interest on household debt mountain. Paying down […]
Currency Wars are a war of choice – Just say no to cheap predatory capital inflows.
This comment was made this week at http://www.macrobusiness.com.au (link may be locked) http://www.macrobusiness.com.au/2015/02/weekend-links-7th-8th-feb-2015/#comment-1069419 Very nice graphic and fits in with that story above about how the Chinese are not likely to sit […]
Trade deficit for 2014 a stinker for a Mining Boom Country
This comment was made this week at http://www.macrobusiness.com.au (link may be locked http://www.macrobusiness.com.au/2015/02/trade-deficit-halves-december/#comment-1054729 Superb effort by an economy enjoying a once in the lifetime mining boom. A deficit of $2.26 B Just […]
Macro Prudential – the great white hope.
This comment was made this week at http://www.macrobusiness.com.au (link may be locked) http://www.macrobusiness.com.au/2015/02/mb-victory-lap/#comment-1055137 “….However, they may still succeed with their own brand of behind-the-scenes prudential tightening. Let’s hope so….” Why would APRA […]
Was the RBA February cute really about the $AUS or the Debt Machine as usual?
This comment was made this week at http://www.macrobusiness.com.au (link may be locked) http://www.macrobusiness.com.au/2015/02/bloxo-addresses-rba-wedgie/#comment-1056844 More to the economy than houses? Like what? Even the Governor is clear that the cost of money is […]
Could the LNP lose in NSW in March 2015?
This comment was made this week at http://www.macrobusiness.com.au (link may be locked) http://www.macrobusiness.com.au/2015/02/backbenchers-call-dead-duck-resign/#comment-1057108 I can’t see the LNP losing in NSW. The ALP in NSW has been in a psych ward for […]
Abbott, electronic graffiti and better policy
This comment was made this week at http://www.macrobusiness.com.au (link may be locked) http://www.macrobusiness.com.au/2015/02/abbott-nails-foreign-property-investment-reform/#comment-1057122 Ironic how the only smart thing the government is doing was driven largely by a campaign of electronic graffiti. […]
Is cutting rates now a bit desperate?
This comment was made this week at http://www.macrobusiness.com.au (link may be locked) http://www.macrobusiness.com.au/2015/02/predicted-rate-cut/#comment-1059703 Yes, My preference is that they are not talking about currency simply because the objective of the cuts remains […]
Is the RBA joining the ranks of the currency manipulators?
This comment was made this week at http://www.macrobusiness.com.au (link may be locked) http://www.macrobusiness.com.au/2015/02/us-iron-ore-ceo-says-oz-manipulating-currency/#comment-1058526 That CEO is exactly right. It is quite clear that while the RBA are refusing to admit it the […]
Is Malcolm more worried about his colleagues?
This comment was made this week at http://www.macrobusiness.com.au (link may be locked) http://www.macrobusiness.com.au/2015/02/malcolm-hits-phone/#comment-1057759 I don’t think the ALP are what Mr Turnbull has to worry about. The radical neo-liberals and religious extremists […]
Gov Glenn visits the LNP Party room to explain how 0.25% will fire up the Debt Machine.
This comment was made this week at http://www.macrobusiness.com.au (link may be locked) http://www.macrobusiness.com.au/2015/02/glenn-stevens-attend-cabinet/#comment-1058280 You guys don’t need to speculate The meeting was video taped. Glenn and his Treasury Buddy explained at some […]
Does the RBA and the Government know what they are doing?
This comment was made this week at http://www.macrobusiness.com.au (link may be locked) http://www.macrobusiness.com.au/2015/02/canberra-awakes-economic-nightmare/#comment-1060580 Very good but lets believe it when we see it. The government has said nothing that suggests it has […]
The problem of exchange rate volatility
This comment was made this week at http://www.macrobusiness.com.au (link may be locked) http://www.macrobusiness.com.au/2015/02/foreign-worker-visa-fraud-edges-towards-slavery/#comment-1061441 Restrict the unproductive capital inflows and you will get an exchange rate that better reflects our trade performance. Sensible […]
Foreigners workers and unemployment – a political problem approaches?
This comment was made this week at http://www.macrobusiness.com.au (link may be locked) http://www.macrobusiness.com.au/2015/02/foreign-worker-visa-fraud-edges-towards-slavery/#comment-1061237 “…now is entirely the wrong time for the Abbott Government to be further relaxing foreign worker visas,…” As we […]
Do Aussies seem to want to pay more tax?
This comment was made this week at http://www.macrobusiness.com.au (link may be locked) http://www.macrobusiness.com.au/2015/02/aussies-seem-want-pay-tax/#comment-1061743 I think it may be sarcasm. Hard to tell – The conversation is full of fluff like this – […]
Residex stats and the Sydney Housing Market
This comment was originally made at http://www.macrobusiness.com.au (some of the links may be locked). http://www.macrobusiness.com.au/2015/02/residex-sydney-housing-bubble/#comment-1065019 We can watch with interest just what APRA does, publicly and quietly over Monte Carlos, in the […]
Should interest rates be used to ‘manipulate’ the exchange rate?
This comment was made this week at http://www.macrobusiness.com.au (link may be locked) in response to a post about the RBA rate cute. http://www.macrobusiness.com.au/2015/02/nobody-clue-australias-real-problem/ “…….,Rate cuts to 1% will push the Aussie to […]
RBA cuts in February and everyone is a joker!
This comment was made this week at http://www.macrobusiness.com.au (link may be locked http://www.macrobusiness.com.au/2015/02/rba-slashes-rates/#comment-1055988 Andy, Just imagine the smiles at Coca Cola if Joe Hockey announced that the Dept of Food was going […]
Shark bait: Has Mr Abbott gone swimming with some chops around his ankles?
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) Yep – Abbott is […]
Australia: The lucky ‘CAD’ country?
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 fun will really […]
Is there already enough housing supply? Not on your nelly.
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) There is always the […]
Bill Evan’s Tea Leaves – RBA Feb Meeting
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) Well that was entirely […]
Yanis Varoufakis: It is a thing!
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 not wishing to […]
How shaky is China?
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) That linked Michael Pettis […]
Record low interest rates are never normal
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) US interest rates have […]
Can free money motivate people?
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) “…Looks like free money […]
Can housing construction solve the rising unemployment
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 catch with housing […]
Deflation in Europe on the menu?
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) Yes – Mr Pananikos […]
A New Year and the game commences…
To read the original version of this comment in the original context at Macrobusiness click this link. (link maybe locked – but there is a free trial available) It is very exciting watching […]
Dodgy loan broking? – Just a few rotten apples
To read the original version of this comment in the original context at Macrobusiness click this link. (link may be locked – but there is a free trial available) doctorX, Barrels are limited […]
Construction boom yet no room in the Inn.
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) Archive Footage: Posted to […]
ACT Light Rail the saga continues….
Click link to original version of this comment at Macrobusiness (link may be locked – but there is a free trial available) If the ACT pollies need a useful project to keep them busy […]
ACT Light Rail looking shaky
Click link to original version of this comment at Macrobusiness (link may be locked – but there is a free trial available) Could not agree more. Having regard to: 1. The practices of the […]
Public Transport stacks up if you tax the land that benefits.
Click link to original version of this comment at Macrobusiness (link may be locked – but there is a free trial available) + many That point about Tokyo is important – if you are […]
ACT Light Rail costs blowout
Click link to original version of this comment at Macrobusiness (link may be locked – but there is a free trial available) $600M for 12km is very cheap when it comes to these types […]
Can a special levy save the ACT Light Rail?
Click link to original version of this comment at Macrobusiness (link may be locked – but there is a free trial available) “…They had also better double-check that the rail is genuinely needed: no […]
If you want light rail in ACT this is how to do it.
Click link to original version of this comment at Macrobusiness (link may be locked – but there is a free trial available) It may just be election spin designed to appeal to the “big […]
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