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The monetary policy galahs are squawking their usual lines about a strong labour market preventing the RBA trimming rates next month, but Michael Pascoe argues the RBA’s integrity will be open to question if it doesn’t cut. The labour market is actually saying the Reserve Bank has been woefully wrong. “You had one job,” as […]
Contrary to what you might read in the AFR or Murdoch press, Treasurer Jim Chalmers has been doing a solid enough job, writes Michael Pascoe, but he’s suddenly looking desperate. Jim Chalmers has been one of the steady hands as the good ship Albo began to drift over 2024. He has stayed steady despite being […]