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 16, 2011

AFR: Even [RBA] Stevens: the tensions grow

The AFR's Michael Dwyer has written another solid article reiterating what I have been saying here: the RBA is being inexorably politicised by this government, which is slowly but surely chipping away at its independence. Fingers crossed for more benign CPI revisions next week, and a low Q3 CPI outcome (click to enlarge)...