In The Australian today
William McChesney Martin Jr, who chaired the US Federal Reserve in the 1950s and 60s, famously observed that central bankers are the people who take away the punch bowl just as the party is heating up. Nowadays, his successors are the fellows who spike the drinks.
19 Sep2016
Stephen Conroy has retired, red underwear securely on his head
In The Australian today:
Stephen Conroy’s decision to quit the Senate so as to establish a red underwear business has been hailed by his colleagues.
Stephen Conroy’s decision to quit the Senate so as to establish a red underwear business has been hailed by his colleagues.
 Stephen Conroy has retired, red underwear securely on his head_Mon 19 Sep 2016.p | [ ] | 98 Kb |
12 Sep2016
Super changes will punish those who save relative to pensioners
In The Australian today:
There is a fundamental defect in the government’s superannuation proposals that has been entirely overlooked. Instead of growing in line with average earnings, the $1.6 million “transfer balance” cap, which limits the amount that can be held in the withdrawal phase, is only indexed to consumer prices.
There is a fundamental defect in the government’s superannuation proposals that has been entirely overlooked. Instead of growing in line with average earnings, the $1.6 million “transfer balance” cap, which limits the amount that can be held in the withdrawal phase, is only indexed to consumer prices.
| Super changes will punish those who save relative to pensioners_Mon 12 Sep 2016. | [ ] | 98 Kb |
05 Sep2016
Special banking tribunal is a financial regulator too many
Today in The Australian:
Finding anything good to say about Labor’s proposed royal commission on banking is a challenge. But no matter how ill-conceived it might be, at least it will eventually fade away.
Finding anything good to say about Labor’s proposed royal commission on banking is a challenge. But no matter how ill-conceived it might be, at least it will eventually fade away.
08 Aug2016
Banks’ response to RBA rate cut doesn’t warrant inquisition
Today in The Australian
Perhaps the best that can be said for hauling the banks before the House of Representatives’ Standing Committee on Economics is that it is unlikely to do much harm. But rather than being dragged behind Labor’s populism, isn’t it time the government moved to reset the economic agenda?
Perhaps the best that can be said for hauling the banks before the House of Representatives’ Standing Committee on Economics is that it is unlikely to do much harm. But rather than being dragged behind Labor’s populism, isn’t it time the government moved to reset the economic agenda?
| Banks’ response to RBA rate cut doesn’t warrant inquisition_Mon 8 Aug 2016.pdf | [ ] | 106 Kb |
01 Aug2016
Modern politics has reached a sorry state with Rudd UN affair
Today in The Australian
If Labor has an ethical standard that guides its conduct it is no better than this: hurt your enemies, help your friends. Now, with the government’s refusal to nominate Kevin Rudd as a candidate for secretary-general of the UN, the Coalition risks sinking to its opponent’s level.
If Labor has an ethical standard that guides its conduct it is no better than this: hurt your enemies, help your friends. Now, with the government’s refusal to nominate Kevin Rudd as a candidate for secretary-general of the UN, the Coalition risks sinking to its opponent’s level.