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Category Archives: Australia
EaaS in Australia
Very, interesting… I wonder, and I presume I guess correctly, who this is: “I understand that a major Australian Bank has used this book as its “bible” for its current transformation, which includes the replacement of 30 year old core … Continue reading
Posted in Australia, Enterprise Architecture
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Confessions of an aeroholic
“Airlines are notoriously cyclical because revenue is very sensitive to changes in demand. Profits are greatest when strong demand results in full planes (‘‘load’’) and high prices (‘‘yield’’), but they can disappear quickly when demand falls because costs are relatively … Continue reading
“We glorified finance, we privileged finance, we even subsidised finance”
ABC radio’s PM programme has a good little interview with Jim Standford regarding how people incorrectly think of economics as part of the finance industry rather than the finance industry being just a part of the economy: JIM STANFORD: … I … Continue reading
Posted in Accounting Failures, Australia, Current Events
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Des Moore on Central Banks
Interesting: First, contrary to popular interpretations, the blame for the panic cannot primarily be placed on irresponsible bankers: they responded rationally to the subsidy for credit created by central bankers. But what’s this in the very next paragraph?!?!: Second, Prime … Continue reading
Posted in Australia, Austrian Economics, Current Events
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More on Michael Costa, or Moron Michael Costa?
After my last post on Michael Costa, my wife accused me of having ‘a little man crush’ on Mr Costa. To be honest I hadn’t yet decided what I thought of him due to lack of information. This in turn … Continue reading
Posted in Australia, Current Events, Personal
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‘Fit to govern’ in Australian politics
Readers in Australia will know that the NSW treasurer Michael Costa was recently sacked – just before he became eligible for a pension from what I understand, and not long before the premier himself resigned. Skip ahead a few scandals … Continue reading
Posted in Australia, Current Events
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