Budget stories 1: This year’s big miss

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Joe Hockey’s federal budget prediction: lower growth, more unemployment Date May 15, 2014 Michael Pascoe View more articles from Michael Pascoe Follow Michael on Twitter Treasurer Joe Hockey delivers the 2014 budget speech in the House of Representatives. While everyone’s … Continued

What productivity crisis? It’s bursting out all over

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(First published SMH May 22: “Sorry Mr Hockey, I have some good news for you” (http://www.smh.com.au/business/comment-and-analysis/sorry-mr-hockey-im-afraid-i-have-some-good-news-20140522-38r7c.html )   I have some good news for the Federal Government of Gloom: labour productivity is going through the roof.   And it’s good … Continued

India’s corruption tragedy hurts us all

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(Published by Fairfax Media, March 25 http://www.smh.com.au/business/comment-and-analysis/indias-corruption-tragedy-hurts-us-all-20140325-35fyj.html While the China bears and bulls do daily battle and our markets wobble one way or the other on a percentage point of Chinese growth data, a genuine disaster continues to build to … Continued

RBA hoses down media and pollies

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http://www.smh.com.au/business/comment-and-analysis/rba-gives-us-all-a-cold-shower-20140318-34zfe.html There’s a clear message in the latest Reserve Bank board minutes: the media and politicians of all stripes should go have a cold shower as their scaremongering and ignorance is not doing the country any good.   Of course … Continued

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