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Posts Tagged ‘Australia’

Monetary v fiscal policy: the die is cast

Monday, October 19th, 2009

Rainbow Reporter wrote an intriguing post today on
Here’s a little taster
It is clear that a gap has opened between the RBA’s view of Australia’s economic prospects and that of the Federal Government and its Treasury Department.  The Reserve Bank Board is winding back its “emergency” monetary policy, but the Treasury sees no need for winding back the emergency fiscal policy of stimulus spending and large budget deficits.  Glenn Stevens (15 October) and Ken Henry (23 September) have expressed these views in recent speeches on how the GFC is playing out in Australia. 

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Events: Stephen K Amos – Finding The Funny

Monday, October 19th, 2009

eric wrote an intriguing post today on
Here’s a little taster
If you love a good belly laugh then you should already be familiar with the name Stephen K Amos. This year alone he visited Australia three times. He shared a few cups of tea with Same Same’s Jade Starr.

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The missing migration debate

Friday, October 16th, 2009

Rainbow Reporter wrote an intriguing post today on
Here’s a little taster
The frenzied debate about asylum seekers shows no signs of abating, although this time around there does appear to be more people trying to inject some basic facts and balance into the debate, rather than just pure panic or unthinking emotion.

But it is still very unfortunate that the migration debate in this country continually gets derailed by such intense focus on a few thousand people, when it is a minuscule proportion of the total number of people coming to this country every year.  If you add all the people who enter Australia each year with various types of residency entitlements – both permanent and long-term temporary – you easily get over half a million.

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Mr Smith goes to China

Wednesday, October 14th, 2009

Rainbow Reporter wrote an intriguing post today on
Here’s a little taster
Guest Author: Warwick Smith, Chairman ANZ (NSW/ACT)

In 10 years time, China will have 15 cities each with more people than the entire population of Australia and a further 22 cities with more than 10 million people. This unprecedented urbanisation drive in human history represents a tremendous challenge and opportunity for our resources sector.

China’s significance is not only limited to its insatiable appetite for our red dirt but also its newly cemented status as a significant player in the international credit market. China is by far the largest holder of US Treasury bonds and this gives China a rare degree of leverage over the United States.

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R-O-K-Q-W-I-Z is a post from: Aussie Hot Boys

Gay Dating Site

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Fantasy Boy Steve Fielding Still Appalled, Mortified By Realisation That Jesus Was The Original Hippy Greenie

Monday, October 12th, 2009

Rainbow Reporter wrote an intriguing post today on
Here’s a little taster
Is Senator Steve Fielding outsourcing his press releases to Rupert Murdoch’s anti-Greens chief propagandist, Andrew Bolt? Sure reads like it :

The Greens would rather send Australia back to the Stone Age than use common sense….
“I don’t know what planet the Greens are on, but by the look of their ‘Safe Climate Bill’ they look like they’re lost in space,” Senator Fielding said.
“If Bob Brown and his hippy friends really believed in their cause they’d ride their bikes to Parliament House instead of using the Commonwealth’s petrol-guzzling V8s.
“If we did what the Greens propose Australia would no longer exist because there’d be no industries left to drive our economy.”
“The Greens’ proposed 40 percent reduction in emissions would cripple our economy and boot thousands of jobs offshore.
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