bill shorten

In my column today I argue that May presents an intelligence test for RBA governor Phil Lowe; explain why the banks are already doing the heavy-lifting for it by slashing home loan rates on the back of the free-fall in both long-term risk-free rates and funding costs; further discuss the... Show More

Today I question whether ScoMo and APRA "boned" NAB's Henry and Thorburn - it was somewhat coincidental timing given ScoMo had called for their heads 24hrs earlier - and reveal that Labor will be giving the banks an incredible $2.6 billion annual profitability gift by forcing consumers, rather than banks,... Show More