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, September 21, 2012

Aussie house prices officially up in 2012! (chart)

Jesus christ. Check out what is happening to Australian house prices in the month of September. 75 basis points worth of rate cuts in two months will do that...This is RP Data-Rismark's daily five capital city index sourced from Bloomberg. Note it is not seasonally-adjusted.