Ricardo

Tsy Sec Parkinson’s Budget Speech

Today, Treasury Secretary (Dr.) Martin Parkinson gave the now traditional post budget speech to the Australian Business Economists. The speech

RBA Deputy Gov Lowe gave a speech today, entitled Developments in the Mining and Non-mining Economies. As usual, it’s a

Love or hate him, Krugman’s an expert on trade imbalances and depression macro – which is what ails Europe. Here

My friend Chris Joye has been having some fun with the benchmark population revisions. Today, however, he has backed the

The ABS’s mea culpa regarding population benchmarks has been picked up by the Age’s Colebatch. The only thing I have

The market is really struggling with the RBNZ’s threat to cut rates. Following their prior meeting, the RBNZ stated that

The decline in the unemployment rate (-23bps to 4.94%) is eye-catching, and certainly surprised with strength – most market economists,

Some folks made a fuss about the big jump in US consumer credit in March. This reflected poor knowledge of

The annual budget season seems to have become a time for nonsense. I suppose that’s politics, and to some extent

Cochrane says what’s right and wrong with Raghu Rajan’s Foreign Affairs essay I agree with Rajan’s diagnosis that the world

The ABS says whoops – they sent the retail data to six ‘clients’ at 11.10am. Hope those clients didn’t short

There are a lot of places in which I disagree with the RBA’s Q2 SOMP. That’s nautral, we all must