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Peter Martin (Free subscription) | 9 hours ago
Tuesday, December 02, 2008 The Reserve Bank's announcement is .Posted by Peter Martin at Labels: , 1 comments: Anonymous said... Those keen pundits predicting collapsing house prices possibly havent factored in these decisive cuts by the RBA.From where I set they are doing a sterling job and should and will keep cutting in the new year if necessary. Puts a floor under house prices and...
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The Age (Free subscription) | 11/30/2008
Slower growth to speed rate cutPeter Martin Economics Correspondent Page 1 of 2 | THE Reserve Bank is considered certain to cut interest rates by at least a further 0.75 percentage points tomorrow, ahead of official news expected to show that economic growth has shrunk to near zero.Although better than expected investment figures have prompted some private sector forecasters to lift their...
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BBC News (Free subscription) | 11/28/2008
Councillor Peter Martin said: "Our objective has been to get maximum value for all the taxpayers of Essex out of our surplus asset, while also looking to reinvest the proceeds in frontline services and community uses.
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Crash.Net (Free subscription) | 11/27/2008
Alex Burns, father of the late World Rally champion Richard Burns, stormed to victory in the maps-only GT1 class of the Hackett Beaujolais Run recently, beating a field of 45 teams.Alex piloted a Impreza RB320 - number one of 320 built to commemorate his son. Amongst the pack taking part in the navigational shoot-out at the heart of the event, Burns and co-driver Peter Martin were seen...
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CoreEcon (Free subscription) | 11/25/2008
It is natural to ask this question given their media release [HT: Peter Martin] that stated that: ‘When emissions trading comes in, every tonne of carbon dioxide saved by households will simply free up a tonne that can be used by industry. Installing solar hot water systems, driving smaller cars and turning off the lights will [...]
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Larvatus Prodeo (Free subscription) | 11/26/2008
No doubt because Malcolm Turnbull has demonstrated his stunning grasp of economics yet again by claiming that the Commonwealth budget going into deficit is some sort of yardstick of economic failure, there’s been an immense amount of commentary on Kevin Rudd and Wayne Swan’s willingness to utter the word “deficit”. The latest instalment in the saga is documented by Peter Martin here -...
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Undercurrents (Free subscription) | 11/25/2008
... Usually it’s the other way around!” This time, though, it wasn’t. Curiously, as Cinematical’s Peter Martin reports , Japan doesn’t have a native wine culture equivalent to that of the United States, mostly due to weather and soil issues, not to mention a scarcity of land. In the past year, however, California wine imports have significantly increased in Japan. Martin writes,...
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Blogocrats (Free subscription) | 11/25/2008
The idea of utilising cuts to the GST has risen its head as a potentially beneficial way to help stimulate economic growth and offset the downside of a budget deficit (Yep! Kev’s got to accept the nasty reality). Surely the thought has crossed Kevin’s mind. In fact, I stumbled onto this idea on Peter [...]