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, February 14, 2012

Australian Bankers Association: Bouris + Joye "raise important public policy questions"

Some extraordinarily frank words of support for our AFR op-ed yesterday from Steve Munchenberg today, who runs the lobby group, the Australian Bankers Association:

"The article by Mark Bouris and Christopher Joye in yesterday’sAFR (Opinion, February 13) raises important public policy questions. No one, including bankers, likes the idea of commercial enterprises being supported by government, and a clear case needs to be made to justify such support."

It also seems that the producer of this very funny cartoon presciently predicted the reactions of the other majors banks to ANZ's landmark move...