Monthly Archives: May 2013

Drum Post– The Aussie Dollar goes down and up and… ?

My Drum piece this week looked at the exchange rate and how it really is a bugger of a thing to predict – especially when you try and apply economic principles to it. Given it has only got 64 comments, … Continue reading

Posted in Economy, Exchange Rate, The Drum | 1 Comment

Unemployment Rate: State v State (Or don’t be a woman in QLD)

As we move into State of Origin season let’s check out the employment situation on a state by state basis. First let’s check out the employment growth in April in seasonally adjusted terms. It’s always a bit iffy to look … Continue reading

Posted in Australian politics, Economy, Employment | 2 Comments

Australia’s Unemployment Rate down to 5.5%

Last month when the unemployment rate rose to 5.6% I summarized it saying: And that’ll do use for another month. Not great – 5,6% is certainly above where you’d like to be, but the trend of 5.5% at least gives … Continue reading

Posted in Economy, Employment | 1 Comment

Drum Post–Dodgy Graphs and Easy Markers

My Drum post today looks at some of the pretty misleading graphs being used on political parties websites. I suggest that when you start seeing these graphs you really need to put on your sceptical hat because there’s often a … Continue reading

Posted in Australian politics, Economy, The Drum | 6 Comments

RBA drops cash rate to 2.75% (or How do you like those record lows?)

In a move which I didn’t see coming, the RBA today cut the cash rate by 25 basis points to 2.75%. It came on the back of poor economic data such as today’s goods and services trade data which showed … Continue reading

Posted in Economy, Interest rates | 2 Comments

Drum Piece–Budget: Not all declines are declines

My Drum piece this week looked at the announcement of a $12b fall in expected revenue and the claims and counter claims about what this means about revenue and the budget. As a general rule I hate it when people … Continue reading

Posted in Australian politics, Budget, Economy, Taxation | 5 Comments