September 26, 2012 14 Comments
Most of the time derivatives aren't financial hedges at all, but bets brokered by liars masquerading as advisers. Law makers should follow the Lehman judgement and label them accordingly.
September 25, 2012 12 Comments
Treasurer Wayne Swan delivered Australia's 2012-11 financial year performance yesterday -- with a bucket-load of spin. If only business CFOs could get away with it ...
September 24, 2012 3 Comments
The Reserve Bank has no choice but to join the currency debasement contest that’s now going on around the world, and to cut rates by another 1% in the coming 12 months.
September 19, 2012 5 Comments
Ailing economies can stimulate and deregulate all they like, but unless they can attract capital investment it will be in vain. And capital won't take long-term bets while deflation looms so large.
September 17, 2012 1 Comment
Mining costs are blowing out and market share being lost because of a labour shortage that is only going to get worse. What are the companies doing?
September 12, 2012 21 Comments
Queensland's coal royalties decision is just one face of the sovereign risk confronting miners as governments struggle with budget logic. In the end, no one wins.
September 3, 2012 4 Comments
The rapid fall in the iron ore price in the past few weeks has exposed the core risk to the Australian economy: the currency needs to fall, but the banks still need foreign funding.
August 28, 2012 37 Comments
Tony Abbott likely advocates individual workplace contracts with a no disadvantage test. But the Coalition has turned national debate into such a caricature it's impossible for anyone to state their true position.
August 14, 2012 131 Comments
As Labor begins the process of defusing carbon tax and asylum seeker policy as election issues, Tony Abbott's task will become increasingly painful. Does Labor improve from here?
August 8, 2012 27 Comments
Amongst the energetic debate about rising power prices a key point is being missed – they're saving us from deflation.