Mark_Graph's profile picture. Interests: Data. Python. Economics. Social Policy. Politics. Australia.
Caveats: Not financial advice. Opinions my own. Likes ≠ endorsement.

Mark

@Mark_Graph

Interests: Data. Python. Economics. Social Policy. Politics. Australia. Caveats: Not financial advice. Opinions my own. Likes ≠ endorsement.

The Nationals' energy plan fails its own test. It promises affordability, reliability, and regional fairness - but nuclear's too expensive and slow, new coal can't get financed, and old coal is running out of time. Analysis: markthegraph.blogspot.com/2025/11/the-sl… #auspol #ausbiz #ausecon


Mark reposted

If you feel like you're bad at your job and it's making you depressed, just consider that, as the investigation of the recent heist revealed, the password to access the Louvre's videosurveillance system was "Louvre".


The critical chart is RBA real wage growth expectations (maybe optimistic). I suspect the implicit NAIRU is 10 to 20 basis points too low. The only way we see a Q1 rate cut is if the Q4 CPI-TM comes in <= 0.7% q on q. #auspol #ausbiz #ausecon

Mark_Graph's tweet image. The critical chart is RBA real wage growth expectations (maybe optimistic). I suspect the implicit NAIRU is 10 to 20 basis points too low. The only way we see a Q1 rate cut is if the Q4 CPI-TM comes in &amp;lt;= 0.7% q on q. #auspol #ausbiz #ausecon
Mark_Graph's tweet image. The critical chart is RBA real wage growth expectations (maybe optimistic). I suspect the implicit NAIRU is 10 to 20 basis points too low. The only way we see a Q1 rate cut is if the Q4 CPI-TM comes in &amp;lt;= 0.7% q on q. #auspol #ausbiz #ausecon
Mark_Graph's tweet image. The critical chart is RBA real wage growth expectations (maybe optimistic). I suspect the implicit NAIRU is 10 to 20 basis points too low. The only way we see a Q1 rate cut is if the Q4 CPI-TM comes in &amp;lt;= 0.7% q on q. #auspol #ausbiz #ausecon
Mark_Graph's tweet image. The critical chart is RBA real wage growth expectations (maybe optimistic). I suspect the implicit NAIRU is 10 to 20 basis points too low. The only way we see a Q1 rate cut is if the Q4 CPI-TM comes in &amp;lt;= 0.7% q on q. #auspol #ausbiz #ausecon

Mark reposted

RATES WERE NEVER GOING TO BE CUT. THE ONLY QUESTION WAS … … how grumpy the RBA would sound about the recent lift in inflation Would it see that as just a bump in the road, or as something more threatening? We now know that the RBA is talking tough – or at least tougher than…

ChrisEconomist's tweet image. RATES WERE NEVER GOING TO BE CUT. THE ONLY QUESTION WAS …

… how grumpy the RBA would sound about the recent lift in inflation

Would it see that as just a bump in the road, or as something more threatening?

We now know that the RBA is talking tough – or at least tougher than…

Mark reposted

RBA governor says there may still be a bit of excess demand in the economy. Interest rates cannot fall as long as the RBA thinks this.


The RBA should do its job, for sure. But fixing the gummed up housing supply system, with its web of regulatory barriers that push up house prices - that's a job for governments - state and Federal. 👇

A cohort of economists says the RBA needs to take a tougher stance on inflation because the real interest rate in Australia is pushing house prices and equities to record levels. ebx.sh/NmWXlS



Mark reposted

Tentative first post after family holiday in God's country (Melbourne feeling particularly cold today) "Sticky" inflation has remained above target after coming of its peak, but importantly for the RBA it is non-sticky inflation that has re-accelerated sharply, potentially…

IFM_Economist's tweet image. Tentative first post after family holiday in God&apos;s country (Melbourne feeling particularly cold today)

&quot;Sticky&quot; inflation has remained above target after coming of its peak, but importantly for the RBA it is non-sticky inflation that has re-accelerated sharply, potentially…

I have been thinking about the Phillips Curve. Is it steepening? Is it moving up/to the right? Or are we just seeing the consequence of subsidies wash out? Possible issues: - productivity slump - changed inflation expectations (up from 2.5% to (say) 3%) - migration rebound -…

Mark_Graph's tweet image. I have been thinking about the Phillips Curve. Is it steepening? Is it moving up/to the right? Or are we just seeing the consequence of subsidies wash out? 

Possible issues:
- productivity slump
- changed inflation expectations (up from 2.5% to (say) 3%)
- migration rebound
-…

The Australian federal election betting mark is a little unmoved. #auspol #ausbiz #ausecon

Mark_Graph's tweet image. The Australian federal election betting mark is a little unmoved. #auspol #ausbiz #ausecon
Mark_Graph's tweet image. The Australian federal election betting mark is a little unmoved. #auspol #ausbiz #ausecon

Mark reposted

I think the real monthly household spending indicator growth for Q3 is flat - if we assume inflation is ~3%, and take off 0.75% for the quarter - are we looking at a possibly negative GDP for Q3? Yes, lots of other factors in GDP, but worth noting. #auspol #ausbiz #ausecon

Mark_Graph's tweet image. I think the real monthly household spending indicator growth for Q3 is flat - if we assume inflation is ~3%, and take off 0.75% for the quarter - are we looking at a possibly negative GDP for Q3? Yes, lots of other factors in GDP, but worth noting. #auspol #ausbiz #ausecon

Building approvals up a touch - but stll short of where it needs to be. #auspol #ausbiz #ausecon

Mark_Graph's tweet image. Building approvals up a touch - but stll short of where it needs to be. #auspol #ausbiz #ausecon
Mark_Graph's tweet image. Building approvals up a touch - but stll short of where it needs to be. #auspol #ausbiz #ausecon
Mark_Graph's tweet image. Building approvals up a touch - but stll short of where it needs to be. #auspol #ausbiz #ausecon
Mark_Graph's tweet image. Building approvals up a touch - but stll short of where it needs to be. #auspol #ausbiz #ausecon

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