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."

Tuesday, November 9, 2010

Does the Aussie/US unemployment differential explain changes in immigration?

Macquarie thinks so:

"when Australia's unemployment rate is lower than in many other major economies, fewer people will want to leave and more people will head 'down under' in search of greater employment opportunities. Of course the inverse is true during times when the Australian unemployment rate is relatively higher."