Vital Signs is a regular economic wrap from UNSW economics professor and Harvard PhD Richard Holden (@profholden). Vital Signs aims to contextualise weekly economic events and cut through the noise of the data affecting global economies.
This week: This risks of interest only loans that the RBA is ignoring and more revenue for the government ahead of the budget.
- ^ Treasurer Scott Morrison announced (theconversation.com)
- ^ Australian Bureau of Statistics data for 2016/17 (www.abs.gov.au)
- ^ Greenspan’s 'uncertainty principle' and the evolution of Fedspeak (theconversation.com)
- ^ consumer price inflation figures (www.abs.gov.au)
- ^ Reserve Bank of Australia’s (RBA) target band of 2-3% (www.rba.gov.au)
- ^ then governor Bernie Fraser (www.rba.gov.au)
- ^ as the RBA’s own figures show. (www.rba.gov.au)
- ^ gave a speech Tuesday (www.rba.gov.au)
- ^ I discussed in this column last week (theconversation.com)
Authors: Richard Holden, Professor of Economics and PLuS Alliance Fellow, UNSW