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, December 22, 2010

NAB's Rob Henderson on Henry and Parkinson

Reflecting my sentiments:

"Treasury Secretary, Dr Ken Henry, announced yesterday that he will not be seeking another term, after 10 years in the job. We pay tribute to Dr Henry, who has been inspirational in the role of the Government’s top economic adviser. He has served both sides of politics without fear or favour and was instrumental in framing the policy response to the developing Global Financial crisis in 2008 where his call to “Go early; go hard; go households” will become one of the stock standard ‘axioms’ of fiscal policy. His contribution to the reform of Australia’s tax system over the past 30 years is unrivalled. We wish him all the very best for the future.

Dr Martin Parkinson, currently secretary of the Climate Change Department, will take over from Ken Henry in March. He too is an outstanding economist, appointed to his current role to provide real economic grunt to the climate change debate. His credentials are impeccable, with a PhD from Princeton, a term at the IMF and six years as a Dep Sec in Treasury. Dr Parkinson is a flawless and excellent appointment to succeed Ken Henry as Secretary of the Treasury."