The Glass Pyramid

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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. […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 – […]

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 […]

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 […]

This comment was made at Macrobusiness  (link may be locked – but there is a free trial available) I guess we need to look on the bright side. A stronger $AUS is […]