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, December 6, 2011

RBA cuts to 4.25% to "foster sustainable growth and low inflation over time"

No promises on what the RBA will do next. This will be a massive boon for Aussie housing. Congrats to Stephen Koukoulas for getting this one right after struggling with October and November. Congrats also to Bill Evans of Westpac and Tim Toohey at Goldman Sachs, who have been consistently ahead-of-the-game with the RBA's change in policy. I did not have a strong view on December, and was genuinely torn. It was too tough to call for mine--so all credit to Koukie for sticking to his guns.