Author Archives: bill

Friday lay day – federal government has demonstrated its incapacity to lead

Its the Friday lay day blog – where I roam free. This week we have had three damning reports released which provide more than enough evidence that the federal government of Australia is way out of its league as visionary … Read the rest of this entry »

Posted in Friday | 18 Comments

Australian labour market – deteriorating and approaching crisis

Today’s release of the – Labour Force data – for January 2015 by the Australian Bureau of Statistics shows that the Australian labour market contracted in January 2015, after the slight Xmas boost in December. Full-time employment growth was sharply … Read the rest of this entry »

Posted in Labour Force | 11 Comments

US labour market improving slowly – Eurozone falls further behind

Last week (February 6, 2015), the US Bureau of Labor Statistics (BLS) released its latest – Employment Situation Summary – which suggested that “Total nonfarm payroll employment rose by 257,000 in January, and the unemployment rate was little changed at … Read the rest of this entry »

Posted in Eurozone, Labour Force, UK Economy, US economy | 10 Comments

Tracing the origins of the fetish against deficits in Australia

Next week (Wednesday), I am giving the annual Clyde Cameron Memorial Lecture in Newcastle. Details are below if you are interested. Clyde Cameron – was a former Labor government Minister of Labour and other ministries (1972-75), a dedicated trade unionist, … Read the rest of this entry »

Posted in Economics | 13 Comments

Greek bank deposit migration – another neo-liberal smokescreen

There was a news report on Al Jazeera on Friday (January 5, 2015) – Greece’s left-wing government meets eurozone reality – which contained a classic quote about the supposed incompetence of the new Greek Finance Minister. A UK commentator, one … Read the rest of this entry »

Posted in Eurozone | 24 Comments

Effects of Australian Online Supermarkets and Online Shopping Benefits

No doubt Aussie supermarkets has developed the industry by accelerating the online shopping in recent years. The creation of online shopping sites with different types of exhibiting the products of retailers accounts this situation at most. Everyone is happy about … Read the rest of this entry »

Posted in Economics | Leave a comment

Saturday Quiz – February 7, 2015 – answers and discussion

Here are the answers with discussion for yesterday’s quiz. The information provided should help you work out why you missed a question or three! If you haven’t already done the Quiz from yesterday then have a go at it before … Read the rest of this entry »

Posted in Saturday quiz | 9 Comments

Saturday Quiz – February 7, 2015

Welcome to the Billy Blog Saturday Quiz. The quiz tests whether you have been paying attention over the last seven days. See how you go with the following questions. Your results are only known to you and no records are … Read the rest of this entry »

Posted in Saturday quiz | 2 Comments

Friday lay day – RBA acknowledges failure of government fiscal policy

Its the Friday lay day blog – and I promise it will be short. Today, we celebrate what would have been the 70th birthday of – Robert Nesta Marley. I wish he was still making music. There is an excellent … Read the rest of this entry »

Posted in Economics | 7 Comments

A primary fiscal deficit Never ever? I don’t think so

I know I am an armchair commentator hiding out in my research environment and not really accountable to anybody other than the funding agencies I win grants from. I am certainly not a Finance Minister with a nation in crisis … Read the rest of this entry »

Posted in Economics, Eurozone | 21 Comments