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Articles from MacroBusiness

ASX at the close

January 29, 2015 - 16:19 -- Admin

Chris Weston, Chief Market Strategist at IG Markets Central banks’ battle to control disinflationary pressures continues in earnest, with the Federal Reserve acknowledging lower inflation expectations. Expectations for a February rate cut in Australia have also dramatically increased. To be fair, the Fed statement was quite nuanced and, while inflation ‘declined further’ below the Committee’s […]

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FMG to dig its hole deeper

January 29, 2015 - 15:14 -- Admin

From The Australian: Just in case things weren’t clear enough after Fortescue’s (FMG) quarterly production report this morning, CEO Nev Power spells it out on the conference call: Fortescue has no intention of cutting mine production, has no intention of mandating banks for an asset sale, and its not actively pursuing the sale of stakes […]

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QLD revolution to behead Comrade Campbell?

January 29, 2015 - 13:45 -- Admin

From Crikey’s Pollbludger: With just two days to go to the election, Queensland politics appears to be headed into uncharted waters, with Premier Campbell Newman’s grand gamble on his precarious inner-north Brisbane seat of Ashgrove looking increasingly like a busted flush. If a poll conducted the night before last by ReachTEL for the Seven Network […]

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PC review could bring Coalition unstuck

January 29, 2015 - 13:15 -- Admin

Cross-posted from The Conversation. Australia’s federal government has made a major political error, possibly terminal, in asking the Productivity Commission (PC) to inquire into industrial relations. Before the 2013 election, the strategy of the Coalition appeared to be to say as little as possible, especially about industrial relations. It would then go to the 2016 […]

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Lib condemns “latte-sipping, keyboard warriors”

January 29, 2015 - 12:46 -- Admin

I guess that means me and you lot. At least they’re reading you. Though, for future reference, I hate coffee. The same genius, NSW Nationals MP Michael McCormack, reckons that Dead Duck “should visit a country pub to get an “honest appraisal” of how the government can improve.” I’m not sure he’d come out again. Every die-hard Lib that […]

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Liberals rally to Credlin

January 29, 2015 - 12:20 -- Admin

From The Australian: SENIOR Liberals are publicly vowing support for Tony Abbott’s chief-of-staff, Peta Credlin, cautioning the government’s supporters against further “extravagant” and “unhelpful” accusations against the top aide. The Ministers for Finance, Health, Education and Immigration have all rejected suggestions that Ms Credlin resign as a sacrificial offering to atone for political misjudgments emanating […]

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