Do regulators act in the public interest, or in the interest of those they are meant to regulate?
Rates might need to be cut urgently, and because things are good. RBA Governor Philip Lowe has signalled he won't wait.
The Reserve Bank's inflation target seems out of date in a world of ultra low inflation. So why is Governor Lowe persisting with it?
Counterintuitively, vague incentives to improve performance or behaviour are often stronger than clear ones.
Prices are off, but from unprecedented highs. It could be a one-time adjustment.
The so-called 'Australian model' of 'asset recycling' is no miracle cure for US infrastructure problems.
The best time to shut down negative gearing is when few people are taking it up. That time could well be now.
Hardly anyone believes that prices are really increasing by only 1.9% per year. The fault lies with us, and also the way the Bureau of Statistics adjusts prices for 'quality'.
Pushing up interest rates due to current Australia unemployment figures and historical economic theories may de dangerous.
Australia's unemployment rate may have to fall much more before we see any wages growth.
