- Problem is, there's not much money in the kitty for that kind of reform. @JoeHockey between rock and a hard place. 1 week ago
- Indirect taxes, like excise and GST, hit poorest the hardest. So they should be coupled with cuts to income taxes at low end 1 week ago
- Petrol as % household income, by quintile: Q1=4.5%, Q2=3.5%, Q3=2.9%, Q4=2.3%, Q5=1.3% ie poor households spend more of income on petrol 1 week ago
- RT @GrogsGamut: Actually @JoeHockey, the poorest households spend more of their income on petrol than do the richest.. http://t.co/L4GFVwyp… 1 week ago
- Hockey releases figures showing petrol spend rises with hhld income. Can anyone convert from $ to % of hhld income? http://t.co/5aIDGXDQu3 1 week ago
- Of razor gangs, budget cuts and the policy mix
- Gender pay gap: why do male CEOs with daughters pay women more?
- Like cholesterol, inequality cuts both ways
- The true cost of NIMBYism
- Should we worry about not “making stuff”?
- Euro zone a car crash: best keep your eyes on the road
- Trouble keeping up with Euro woes? Get used to it.
- Monopoly blues: why top bosses’ riches are undeserved
- Life is short, but the Tax Act is long
- Tony Abbott-o-nomics, or not…
Category Archives: Interest Rates
In the Channel Nine series Underbelly Razor – as in real life – Sydney’s criminal matriarch Tilly Devine did not hesitate to wield the razor to keep her motley empire in line and protect it against incursion by rival gangs. … Continue reading
You know how most of the traffic created by a car crash is not the crash itself, but everyone slowing down to have a rubberneck? Well, the same thing can happen with economies. And fair enough, the unfolding car crash … Continue reading
Mamma Mia. Where are those happy days? They seem so hard to find. The Greek tragi-comedic musical continues to play on continuous loop. Leading characters are still struggling to sing from the same song sheet, emitting only a discordant jumble … Continue reading
IS THERE any more surefire way to induce widespread panic than the phrase “don’t panic”? Well, here goes anyway: DON’T PANIC. May as well leave panicking to the fickle souls trading daily in financial markets, if only because they are … Continue reading
Want to hear some good news? Amid the sharemarket turmoil, street riots and other portents of impending apocalypse, relative calm has descended on the Australian housing market. Home affordability has improved.
PERHAPS the most confusing thing about the first-ever downgrade to the credit rating of the United States government is the way it simultaneously says everything, and nothing, about the future of the world economy. In simple terms, a country’s credit … Continue reading
We don’t like carbon taxes and we don’t like boats. Mention population growth and we’re at each other’s throats. We don’t like interest rate rises and we disdain debt. We can’t stomach liars and we never forget. Australians, it seems, … Continue reading
Getting to grips with the long term implications of the sovereign debt debacle unfolding in the United States Congress involves understanding a lot of “d” words. Here’s a quick cheat sheet to help get you up to speed. The US … Continue reading
A golden age for Australian retailers is over. Gone. Finished. Retailers offer plenty of short-termscapegoats for their current woes: the carbon tax, the flood levy, the higher Australian dollar, higher interest rates. But, in reality, the current downturn in retail … Continue reading
SMH 16-07-11: THE collapse in consumer sentiment and increasing risk of a European sovereign debt default have prompted Australia’s second-biggest bank to forecast the Reserve Bank will cut interest rates by one percentage point by the end of September 2012.