ricardian ambivalence

RBA Holds at 4.25% — neutral stance

Against market expectations, the RBA held their policy rate steady at 4.25% at their 7 February meeting. The upgrades in

The WSJ writes that it’s a closer call than markets think.

Today’s Q4 retail trade release had a little something for everyone – however on balance I disagree that it makes

Tom Sargent’s op ed in the WSJ is a slimmed down version of his nobel paper. Both are worth the

I don’t agree with Andrew Bolt on the indigenous rugby league game. It’s not about race, any more than a

The better than expected Jan employment data placed the unemployment rate at 8.3% — exactly the middle of the 8.2%

There is a full list of suspected Rudd / Gillard supporters in today’s Australian (no link). Gillard is 47, Rudd

In the ongoing series of Lenore Taylor’s articles defending the Rudd-Gillard government she remarks that: If we’d done exactly what

I see no reason why Rudd will rush things. He has three options. 1. Challenge soon. May lose, high risk

My seasonally adjusted estimates suggest that the DEEWR benefit rate has been trending down, while the unemployment rate has been

Some commentators have argued that the RBA will cut their policy rate 25bps to 4% on Tuesday 7 Feb because

More evidence that scrapping WorkChoices has stopped more jobs being created: LABOR’S federal workplace laws have led to increased labour