Comments on: Australia was on the precipice: RBA http://www.crikey.com.au/2009/09/18/australia-was-on-the-precipice-rba/ now with extra source Sat, 11 Feb 2012 13:13:23 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Kirk Broadhurst http://www.crikey.com.au/2009/09/18/australia-was-on-the-precipice-rba/#comment-38097 Kirk Broadhurst Fri, 18 Sep 2009 06:54:29 +0000 http://www.crikey.com.au/2009/09/18/australia-was-on-the-precipice-rba/#comment-38097 "the combined effect of these factors was to boost the value of banknotes in circulation by 19% in the three months to December" Surely you mean an annualised rate of 19%? It seems quite strange that the value of banknotes rose 19% in those 3 months, yet rose 14% over the entire financial year. That would most likely mean that the value of banknotes reduced in the first 3 months and then the ultimate 6 months of the year. “the combined effect of these factors was to boost the value of banknotes in circulation by 19% in the three months to December”

Surely you mean an annualised rate of 19%? It seems quite strange that the value of banknotes rose 19% in those 3 months, yet rose 14% over the entire financial year. That would most likely mean that the value of banknotes reduced in the first 3 months and then the ultimate 6 months of the year.

]]> By: RaymondChurch http://www.crikey.com.au/2009/09/18/australia-was-on-the-precipice-rba/#comment-38082 RaymondChurch Fri, 18 Sep 2009 06:08:08 +0000 http://www.crikey.com.au/2009/09/18/australia-was-on-the-precipice-rba/#comment-38082 Glenn wonder where the country would be now had the Government sat on its hands, followed the Oppositions advice and waited to see what happened! Glenn wonder where the country would be now had the Government sat on its hands, followed the Oppositions advice and waited to see what happened!

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