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, June 16, 2011

How has major banks' market share of assets changed in last 5yrs (table)?

Change in major banks’ market share of assets between 2005 (65%) and 2010 (75%) — just released today by the RBA...Other Aussie banks have gone from 14% in 2005 to 9% in 2010.