Peter Smith Frequent contributor The minutes of the monetary policy meeting on October 3 of the Reserve Bank Board were issued last week. They cause a stir. The Board decided to leave the cash-rate target unchanged at 4.1 per cent. That didn’t cause the stir. Several observations and the concluding comment did. Here are some pertinent verbatimContinue reading “It’s the Money Supply, Stupid!”
Category Archives: Federal and State Public Assests
Economics
Money Out the Door: Australia in the Shadow of Keynes Geoff Kingston Around the time of the Whitlam government (I can’t remember the exact year), I was part of a large audience for Harry G. Johnson at the National Press Club. Johnson was a distinguished economist and a big bear of a man. He projectedContinue reading “Economics”
Economics
The RBA is Broken and This Won’t Fix It Peter Smith Frequent contributor All of the goings-on with the Reserve Bank (RBA) yet not a mention that I could see in the press about the money supply. A new expert panel – the Monetary Policy Board (MPB) – will apparently govern monetary policy, having equalContinue reading “Economics”
THE TRUTH About Who Sold Queensland’s Assets
QLD … being dismantled by these crooks. Who gets all the loot? The truth about Labor’s lies, record debt, asset sales and tax rip offs Small businesses want a government that supports them and pays their bills on time, not one that rips them off with an extra $2.25 billion in taxes. For a list ofContinue reading “THE TRUTH About Who Sold Queensland’s Assets”
How the Labor Party Sold Australia’s Public Assets for a Song
By Max Chandler-Mather Many people think of privatization as a policy of conservative parties. In Australia, however, it was Paul Keating’s Labor that initiated a gigantic fire sale of public assets, setting in motion a process that made billions for private companies at the expense of everyone else. n the 1990s, Paul Keating’s Labor governmentContinue reading “How the Labor Party Sold Australia’s Public Assets for a Song”
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