The RBA has raised the cash rate for the third time in a row. The board voted 8-1. The dissenting member cannot be identified. Someone had a conscience. We just can’t send them a fruit basket. Urban Wronski channels Clarke and Dawe.
Tag: Richard Denniss
The RBA’s War on Workers: When Orthodoxy Becomes Cruelty
The RBA promises to defeat inflation by crushing households, not profiteers. Class discipline dressed as economic management.
Wronski’s News on Wednesday
Tuesday 10 December revealed Australian politics at its finest: banning teenagers from social media while spending $368 billion on submarines the UK admits it can’t build, from a country that’s already moved on diplomatically. Welcome to the Kingdom of the Unfalsifiable, where policy exists beyond verification, protected by the impenetrable forcefield of good intentions. As Richard Denniss observed, only a fabulously rich country could commit such sums without troubling Treasury or Parliament. We’re not battlers – we’re loaded enough to operate entirely in the realm of political fan fiction.
Urban Wronski Writes 