Wayne Swan’s hard hitting comments on the ANZ’s “excessive” rate rise were far more substantial than any action the Howard Government took against the banks over its 11 years in office, writes Stephen Mayne.
Percentage point increase
Who else is bracing for the Centro fallout?
The effects of the fall in the Centro stock price and the general market instability are potentially quite widespread, says Richard Gibbs, Chief Economist at Macquarie Bank.
Waiting for Godot: rates up and no Lucky
The Howard/Costello message until recent days has been one of self congratulation. The about turn in rhetoric from good times to hard times is most unlikely to work, writes Richard Farmer.
