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."

Wednesday, June 6, 2012

As predicted: Chinese hack into Australian govt phones

Economic espionage is a massively important function performed by intelligence agencies. Regular readers will know that I have relayed revelations that foreign governments tap into financial market communications for their benefit. The SMH reports today:

"The Herald has learnt Mr Smith and his entourage left mobile phones and laptops in Hong Kong before proceeding to mainland China, after such devices were reportedly compromised during previous ministerial visits. His staff, including media advisers, were given fresh phones, with different numbers, for the duration."