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 19, 2012

RBS forecasts benign Aussie inflation in Q4

From RBS:

"We have revised our forecast for the unadjusted CPI from 0.2% to flat, with the risk of a 0.1% fall, mainly on a sharper fall in food prices. The seasonally adjusted CPI is estimated at 0.2%, with average underlying inflation of 0.6%. We will finalise our forecast on Monday after the PPI. Note that the Reserve Bank is expecting a 0.2-0.3% increase in the unadjusted CPI, with 0.6% underlying inflation."