The new boy Treasurer Wayne Swan will surely have mixed feelings about the decision of the Reserve Bank to keep interest rates steady. If there is to be any increase in the next six months or so then far better for Labor that it was sooner rather than later, writes Richard Farmer.
Forward estimates
Howard, Costello and the RBA’s polite opinions
Central banker speak is very different to political speak. Very different indeed. It’s all very polite, but the suggestion is clear. John Howard and Peter’s Costello’s political spending helped raise rates. Look under the heading Domestic Economic Considerations, writes Christian Kerr.
