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The Rolex economy – macrobusiness.com.au | macrobusiness.com.au
My main concern is that frighteningly, the RBA, and probably much of the government, sees Australia’s future as a single bet on mining, and is willing to sacrifice much of the remaining economy for...
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Why the RBA should cut rates – macrobusiness.com.au
Nominal house prices are falling. Not collapsing, certainly. But falling very consistently, roughly 6% peak to trough. 8.5% in real terms. This has had a number of well documented effects including...
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RBA gambles on China – MacroBusiness
Glenn Stevens: Those at home [Australia] see this as well. As consumers, they have responded to the higher exchange rate with record levels of international travel. As producers, however, they also...
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EconoMonitor » Australia’s Economic Outlook—The Nauru Option?
Satyajit Das writes: In a 29 November 2010 speech entitled The Challenge of Prosperity, RBA Governor sought to illustrate the combined effects of the gains of the appreciating terms of trade position...
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