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, February 13, 2011

People email Glenn Stevens directly to complain about rate hikes

"Mr BUCHHOLZ —There is a huge disproportion between areas that rely on the resources sector and those that do not. The point I want to make sure that you guys absolutely have your head across—

Mr Stevens —No, we understand it.

Mr BUCHHOLZ —is that every time we shift that cash rate and interest rates move, my people up there bleed.

Mr Stevens —And I get emails telling me, believe me. Some of them are fairly frank."

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