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."

Saturday, April 21, 2012

Laurie Oaks: RBA rate cuts key to Gillard's reelection strategy

Laurie tells us what most learnt this week:

The core of the PM’s exhortation [to Cabinet] was that getting out the key message of next month’s Budget, and making sure that it cuts through, is the responsibility of the entire Cabinet - not just her and Treasurer Wayne Swan.

And she carefully took ministers through that message - particularly the line that achieving a surplus is not an end in itself, but a means of giving the Reserve Bank room for further interest rate cuts.

- Posted using a mobile device