Today in The Australian
Set against the turmoil that has racked Australian politics since 2007, John Howard’s masterly series on the Menzies era reminds us of what stability looked like.
10 Oct2016
Where to for Republicans after rise and fall of Donald Trump?
Today in The Australian
When Walt Whitman, writing in 1856, observed that Americans aspire to a “democracy of manners”, he meant that they expect to be treated not only equally but also respectfully. Well, you don’t need to know much about politics to know that Donald Trump’s remarks about groping women don’t meet that standard.
When Walt Whitman, writing in 1856, observed that Americans aspire to a “democracy of manners”, he meant that they expect to be treated not only equally but also respectfully. Well, you don’t need to know much about politics to know that Donald Trump’s remarks about groping women don’t meet that standard.
03 Oct2016
Deutsche Bank turmoil raises questions of Australian regulators
Today in The Australian
Although it is unlikely to precipitate a broader crisis, the turmoil affecting Deutsche Bank — the biggest bank in Europe’s largest economy — highlights the risks still confronting the global financial system. And as markets struggle with those risks, there are serious questions to be asked about the decisions Australian regulators are taking to ensure the stability of our banking sector.
Although it is unlikely to precipitate a broader crisis, the turmoil affecting Deutsche Bank — the biggest bank in Europe’s largest economy — highlights the risks still confronting the global financial system. And as markets struggle with those risks, there are serious questions to be asked about the decisions Australian regulators are taking to ensure the stability of our banking sector.
27 Sep2016
Central banks repeatedly made to look very ineffective managers
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.
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.
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.