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In fact you do need an economics degree to appreciate why the RBA is doing what it’s doing, and the fact that the commentators and politicians criticizing it don’t have one speaks volumes. The question among most actual experts in economics is whether they have gone far enough.
About time the RBA gets called out. You don’t need an economics degree to appreciate that middle/low income Australians are not causing inflation. You don’t need an economics degree that forcing these middle/low income Australians to rely on food banks, will not address…
We’re well beyond the point where he can claim ignorance. This is simply a lie.
Another band-aid, that'll aid sellers far more than buyers and does absolutely nothing to address underlying affordability. But they can say 'at least we're doing something' and hope people don't think more deeply. Politics, huh? #auspol #qldpol #ausbiz
We’re doubling the First Home Owner Grant to $30,000 until 30 June 2025.
Wise words from RBA Governor Lowe on why we have such expensive housing in Australia - hopefully we can one day fundamentally address the issues referred to by him.
Excellent piece by @jacobgreber on the expansionary nature of the budget. afr.com/politics/feder…
We need to stop the 'RBA Governor is out of touch' rubbish Sustained high inflation is much worse than temporarily high(er) interest rates You want his head on a pike for looking after the country? Yet you're not taking the pollies to task for fiscal policy? #ausbiz #auspol
The boom in commodity prices is very, very welcome. And should have been used to fortify the national balance sheet, not frittered away on handouts. Just like the wasted mining boom in 2011. #Budget2022
Someone feel free to let me know how 'responsible economic managers' can justify - if it happens - not acting to bring the budget back toward balance with unemployment at 4% and the economy growing? More *net* tax cuts is simply awful national economic policy.
*Reads "Nuclear Energy" Wikipedia article for 5 minutes* Here's my take on how this nuclear power plant situation will play out, and what it means for global energy markets: 🧵👇
The more nervous the market gets, the more it overweights the short term and underweights the long term. That, right there, is the opportunity for the patient, stoic, long term investor. #ausbiz #ausinvest #investing
If you cannot explain something in simple terms, you don't understand it.
If you really want to know what I think: get vaccinated. It’s not a government plot. Governments can’t even mend pot holes.
Hear alot of pundits reeling off 'First Mover Advantage' in an investment case.. important to consider that there is plenty of research to suggest that the concept is largely a myth.
Is this the maximum achievable level of hype?
A couple of Common misconceptions about #short selling. 1. You sell stock you don’t own. Wrong. You borrow real stock and you pay a fee for that. So it is your stock at that time you sell. When the person who lent it to you, wants it back. U need to buy it and return it.
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