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Abbott’s last captain’s call

February 17, 2015 - 12:41 -- Admin

By Leith van Onselen Fresh from the revolt by a 30-strong group of Coalition MPs against the Government’s handling of cuts to community service groups that service vulnerable people, Tony Abbott is now facing criticisms from within over his dumping of chief whip, Phillip Ruddock, for failing to notify him of backbench leadership concerns. From […]

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RBA minutes up-sell macroprudential

February 17, 2015 - 12:07 -- Admin

The egg heads at the RBA are happily painting APRA into a corner, from today’s minutes Financial Markets Members commenced their discussion of financial markets with the observation that central bank policy actions, along with developments in Greece, had been the main focus of markets over the past two months. Members were briefed about the […]

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Uni deregulation to blow-up deficit

February 17, 2015 - 11:24 -- Admin

By Leith van Onselen Ben Phillips, principal research fellow at the National Centre for Social and Economic Modelling (NATSEM), has presented analysis claiming that the Abbott Government’s plan to deregulate university fees would raise inflation and drain billions of dollars from the Budget over the long term, rather than saving taxpayers money as originally intended. […]

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Consumer confidence falls again

February 17, 2015 - 10:43 -- Admin

By Leith van Onselen The ANZ-Roy Morgan Research (RMR) consumer confidence index was down for a fourth consecutive week, falling 1.9 points to 109.8 in the week ended 15 February, to be tracking below the long-run average (see next chart). Consumer confidence is now at its lowest level since early August 2014. ANZ attributes the […]

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