It’s not beyond the realm of possibility that the RBA could cut interest rates today. Phil Dobbie asks NAB’s Rodrigo Catril how likely that is. Will it also influence the RBNZ’s decision tomorrow? They also discuss the markets wait-and-see approach to the US-China trade talks after the swift response to Trump’s tweet yesterday, encouraging words from the Bank of Canada and signs of hope in European data overnight.
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What Scrooge Could Learn From Keynesian Economics
If Scrooge had behaved like he did he in the last few pages of A Christmas Carol, he would be bankrupt. But he wasn’t good for the economy beforehand, either.
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Free broadband will help the NBN’s case
Some of the major benefits to society from a ubiquitous broadband network will come from government services, including health and education. That means access to these services needs to be free, so everyone is able to make use of the channel, displacing other, more costly, ways of interacting.
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Facebook: the telco of tomorrow?
Do mobile carriers really have a future in the retail space, or could they be forced to become wholesalers only, servicing the big international brands who control the relationship with the customer?
