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."

Wednesday, July 28, 2010

BTW, this is a beautiful set of numbers for the RBA...

This is a terrific outcome for the RBA for a bunch of reasons:

1) Headline CPI is back in the target zone:
2) Core CPI is back in the target zone for the first time in 3 years;
3) Their predictions have proven correct.

Three cheers to Glenn and the team.