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."

Friday, August 24, 2012

RBA Stevens: Some Australians worry more about Greek economy than Greeks do!

Some most amusing one-liners rolling off the Gov's tongue today. He is giving the vocal spruikers of doom in Australia the lashing they deserve. He's also said, "I think we risk talking ourselves into more gloom than we should." You bet. There are substantial constituencies of vested interests, including some commentators, baying for further rate cuts who will go to rather extraordinary lengths to amplify negative news. My column in this weekend's Financial Review anticipates all of this quite precisely, albeit fortuitously. So if you get a chance, do your journalist friends a favour and subscribe online to Australia's best newspaper for just $1.90 a day and get all the paper content, the archives, the iPad app and all the AFR's terrific magazines.
at 10:15 AM