It is clearly hard to get out of that election mode when posturing about tough on law and order is seen by politicians as a pre-requisite for success.
Australian mortgage owners aren't exactly chuffed by the RBA's latest interest rate rise, but at least one man would be secretly happy: Joe Hockey. This rise provides a grand finale to his recent round of "Hockeynomics," writes Lenore Taylor.
Could we be on the cusp of more interest rate rises than we thought from the Reserve Bank? Minutes from the latest board meeting suggest it would be "prudent" to be on alert.
The Reserve Bank lifted interest rates rose 0.25% to 4% today, still below what economists called 'trend', or neutral, but we are heading towards that higher plain.
Speculation on interest rate movements is mostly hollow. But what the media has missed is that the central bank has arranged another full month of appearances by senior staff and the bank.
When interest rates are raised today, we can't say that we weren't warned. RBA chief Glenn Stevens told us last year we had a chance of avoiding it and we muffed it.
The preoccupation in the Australian media and financial markets commentary on interest rates every time there's a release of economic data is approaching the illogical. Rate rises aren't a bad thing.
Australian consumers are less confident than business, the latest Westpac/Melbourne Institute survey of consumer sentiment shows. But is the lack of confidence due to interest rate rises?
If you're complaining about the banks being dodgy and raising their interest rates higher than the official rate, you have every right to complain. Except, they were greedy because businesses need to make profits, writes Ross Gittins.
The priceless coincidence of two major news events occurring within an hour of each other yesterday had the nation's top journalists jockeying relentlessly in their favourite pursuit: tenuously-linked punnage.