Archive for the 'Things happening in Australia' Category

An ‘F’ for Economics 101

November 7, 2006

If you expect the Reserve Bank to raise interest rates by a quarter of a percentage point tomorrow, then you would naturally expect the official interest rate to rise from 6.0 per cent to 6.25 per cent, right?

Well, no – not if you’re Ross Gittins, anyway.

Asking for trouble

November 6, 2006

Catsheikh

Quick – somebody put the Sheikh in the fridge!  Hurry!