What does the future hold for Australia was up for discussion on Macrobusiness this morning A Glass Pyramid operative left the following as a comment on that article. The tea leaves in […]
China Watch: The answers are in our grasp
Reckless Economics – Baked fresh by Morrison, Taylor and Cormann
The following was a response to a comment at macrobusiness.com.au (click here) tonydd, Yes, that is the core of the problem. The LNP policy recipe is designed to concentrate wealth and the […]
Free Nation economics: Time for a change
Slowly but surely the penny is dropping right around the world. The issues that caused the GFC have not been resolved, are not going away and are lurking in the corner […]
Killing Australian car manufacturing – dumb and dumber
Yep the closure of Australian Car Manufacturing says everything about the ignorance and stupidity of our politicians and many of our economic commentators. The Glass Pyramid doesn’t care whether we produce cars […]
Sick Australia – Trade deficits up, household and foreign debt up
Simply amazing what an inflated exchange rate will do ! Gutting export and import competing industries right across the nation. And there is unlikely to be any improvement on that front whilst […]
Auction Action: Big Bubbles? No trouble!
The management/Board of the RBA and APRA must truly be in PM Malcolm Turnbull and Mr Morrison’s good books at the moment. Governor Glen can expect a triumphant retirement full of flowery speeches […]
Auction Action is Back!
Auction Action is back! Apologies for the dead air but all Glass Pyramid operatives have been busy storing acorns for winter and throwing beer cans at the TV in unsuccessful attempts to scare […]
APRA Watch: APRA’s role is attracting more eyeballs
Macrobusiness turned a bright illuminating spotlight on APRA this morning in an article that raised a series of very important questions about the regulation of the Australian Banking and monetary system and […]
APRA Watch -The ultimate credit controller
The good thing about all this attention on APRA is that people are slowing starting to understand the significance of APRA as part of our regulatory framework. Having said that the discussion […]
APRA Watch: Big bubbles don’t come easy
There is a lot of speculation at the moment about what is going on in the Australian credit creation industry and what exactly APRA is trying to achieve. There is a […]
Why the housing boom is ruining our economy and is ready to pop.
The RBA/ APRA strategy of filling the unexpected mining bust hole with low interest rate stimulated residential construction and the household debt that goes with it was always misconceived. Such a strategy […]
RBA Watch: Savers demand a seat at the RBA table
A story that appears in the AFR today and was noted by Macrobusiness concerns a call by Doug Turek, managing director of Professional Wealth, for more representation, on the Board of the RBA, […]
Deflating the Australian deflation pandemonium
You might have thought we had more than enough”scare campaigns” this election festival what with Malcolm and Morrison prowling the streets of our cities spinning yarns of doom, gloom and desperation if the […]
Auction Action: Election Time – RBA supplies the bubbles?
On Tuesday night Mr Scott Morrison held his 2016 “Hot Autumn Nights” Budget party. While guests were not required to bring presents, it appears that the message did not get through to […]
RBA Watch: Will new RBA Gov. Mr Lowe make a difference?
Probably not. Here is a box of old speeches by Mr Lowe for Central Bank “twitchers” to peruse between now and September 2016 when Mr Lowe’s appointment as RBA Governor commences. http://www.rba.gov.au/speeches/list.html#lowe The […]
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