Productivity Commission review: Albanese Labor government delivers productivity that works

Too much effort goes into wish-list productivity reforms that would be electoral suicide or killed off by the Coalition. There are better ways.

Australian Financial Review

Playing the strategic game

A cartoon by me

#auspol #RBA #rates #PhilipLowe

'Really damaging' if Philip Lowe were reappointed as Reserve Bank governor, economist says

The treasurer will soon announce the fate of the RBA governor and economists are split over whether Philip Lowe should stay until rates settle or make way for new blood to guide the bank through turbulent economic times ahead.

ABC News

“RBA governor is a figure of mockery — both with the public and with serious commentators”

Surely, #PhilipLowe has noticed we’ve had a Labor government for more than a year, so why does he speak like Morrison’s proxy? He’s a bit slow on the uptake. #AllHisOwnDoing

https://www.crikey.com.au/2023/06/08/reserve-bank-philip-lowe-leadership-crisis/

Reserve Bank faces a leadership crisis at the worst possible time

As if the RBA didn't have enough problems, its governor is becoming a figure of mockery — both with the public and with serious commentators.

Crikey
RBA boss tells those struggling with cost of living to simply get a cushy job as governor of a bank

"Just become a millionaire like me, it's great!"

The Chaser
#FionaKatauskas @FionaKatauskas Cold Comfort- my #cartoon for @GuardianAus: #PhilipLowe’s advice is cold comfort for Australians "You want us to do what?" #auspol #alttext

"Essentially, the RBA governor has admitted he is flying blind." 🙄

#ABCNews: Philip Lowe's long and gradual fall from grace after the many failures of the RBA

https://www.abc.net.au/news/2023-02-20/philip-lowe-rba-fall-from-grace-interest-rates/101996386

#RBA #PhilipLowe #AusEcon

Philip Lowe's long and gradual fall from grace after the many failures of the RBA

A mild mannered, softly spoken, and incredibly polite intellectual with a boyish grin has become an object of derision, but the RBA governor is not entirely to blame for Australia's dire situation with interest rates, writes business editor Ian Verrender.

ABC News
#PhilipLowe BL ventilating pulling his suit coat away from his body to cool off. Feeling the heat . Navarro ex FBI says "he found criminals, those who ventilated during an interview, were guilty. "
RBA Governor #PhilipLowe
"Capitalism works . I wouldn't be going to a different system." Laughs BL False Tie adjust insecurity tries to lift his Alpha.
Qu: "What keeps you awake at night?"
Lowe "Nothing."
"I worry..free trade..further major geopolitical events over prosperity." You zero.
'Litany of failures': Reserve Bank governor grilled over rate hikes, rejects calls for his resignation
It’s not that #PhilipLowe isn’t doing his job - he is. It’s just that his job is to preserve bank profits no matter the sacrifice by mortgage holders. #ItsTheSystem #ChangeTheSystem
https://www.sbs.com.au/news/article/litany-of-failures-reserve-bank-governor-grilled-over-rate-hikes-rejects-calls-for-his-resignation/y7c3o7g2d?cid=newsapp:socialshare:other
'Litany of failures': Reserve Bank governor grilled over rate hikes, rejects calls for his resignation

Reserve Bank governor Philip Lowe said it was "a bit unfair" he has been a primary target of rate hike criticism when decisions to adjust them are made "collectively".

SBS News
#PhilipLowe won't take responsibility for himself always bringing in the other 9 board members. I can guarantee HIS decisions are final. What reasons did he give for DESERVING to keep his job?
"I intend serving out that term. It's an important job that comes with public accountability." 😖Entitlement . If the job is important then he's important.