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."

Thursday, January 20, 2011

Wage expectations across all occupations soar to highest levels since 2008

This is derived from the Westpac-Melbourne Institute consumer expectations survey, which was released today. The big spike at the end of the chart shows a huge increase in the mean expected hourly wage from 5.7% in December to 8.6% in January...