The author has been described by News Ltd as an "iconoclast", "Svengali", a pollie's "economist muse", and "pungently accurate". Fairfax says he is a "Renaissance man" and "one of Australia’s most respected analysts." Stephen Koukoulas concludes that he is "85% right", and "would make a great Opposition leader." Terry McCrann claims the author thinks "‘nuance’ is a trendy village in the south of France", but can be "scintillating" when he thinks "clearly". The ACTU reckons he’s "an enigma wrapped in a Bloomberg terminal, wrapped in some apparently well-honed abs."

Sunday, June 6, 2010

The Economist's conclusion on the RSPT...

A balanced article just published by The Economist on the RSPT. But the conclusion will not provide comfort to Canberra:

"To win public backing the government has commissioned a series of television adverts set to begin airing on June 6th. To pay for them it was forced to declare a “national emergency” to circumvent rules on using public cash for political advertising. It reckons that the high quality of its mineral deposits and its reputation for stability leaves the miners with little option but to stay put. But Canada, and even Zambia, have said they spy an opportunity to win investment away from Australia—a national emergency indeed, if true."