Monthly Archives: April 2012

Inflation Rate: CPI 1.6 per cent (and the Phillips Curve)

The ABS released the first quarter inflation figures. The CPI annual figure is now down to 1.6%. That is seriously low. Actually it is a bit unrealistically low as the falls are due to massive drops in fruit and vegetables … Continue reading

Posted in Australian politics, Economy, Interest rates | 5 Comments

Tony Abbott, Paid Parental Leave and the Productivity Commission

In the past month Tony Abbott has been very big on the glories and wonders of the Productivity Commission. He wants them to look at whether the Government should subsidise nannies. Such a suggestion is not of course a “policy” … Continue reading

Posted in Australian politics, Economy | 3 Comments

Drum Piece–Government Debt and Interest Rates

My Drum piece today has a bit of a squiz at the veracity of Tony Abbott’s claims that Government debt is creating “upward pressure” on interest rates. He made the claim in a doorstop on Saturday. Here were the stinging … Continue reading

Posted in Australian politics, Economy, Interest rates, Journalism, The Drum | 2 Comments

Unemployment, steady at 5.2%; media bull on carbon tax, increasing

The ABS today released the latest Labour Force figures. The figures are quite good. Not “wow feel the rush of the air past your ears as the economy goes boom” good, but good nonetheless. The Seasonal and Trend Unemployment Rates … Continue reading

Posted in Australian politics, Economy, Journalism | 6 Comments

Drum post– “Budget debate in a sea of contradictions”

My Drum post today is here. It is on  the budget and God help me I decided to throw in some economic theory. The graphs in the post are below, but here’s one that is not in it, but gives … Continue reading

Posted in Australian politics, Economy, Interest rates, The Drum | 1 Comment

Drum Piece–the budget surplus

My Drum piece for this week is here. Below are the graphs used in a form that you can click to get the bigger size:

Posted in Australian politics, Economy, The Drum | 2 Comments