(coming soon: michaelpascoe.com.au)

Treasury August 2

Deficits, thankfully! Actual Estimates Projections Underlying cash balance ($b) Per cent of GDP Source: Treasury August 2

The big spend comes later

Source: Treasury August 2

RBA monetary statement May 10

RBA monetary statement August 9

Housing loan approvals Source: RBA chart pack August 7

Investors investing Source: ABS August 7

Owner occupier new dwellings finance Source: ABS August 7

Source: RBA chart pack August 7

Source: Treasury August 2

Westpac/Melbourne Institute August 14

The forgotten recent past May 2008 Unemployment 4.2% Home Mortgage 9.45% RBA core inflation 4.1%

July 30

RESTRUCTURING HAPPENS

Necessity, the mother of productivity

Total capex Source ABS May 30

Canine Corp CEO CFO

Mining capex Source ABS May 30

Treasury PEFO August 13

Manufacturing capex Source ABS May 30

Source: RBA monetary statement May 10

Source: RBA chart pack August 7

PEOPLE – our future 2008 Net migration 315,700 (up 29%) Population growth 2.2% (467,300) 2012 Net migration 235,900 (up 17%) Population growth 1.8% (394,200) (NSW 1.2% Vic 1.8% Qld 2.0% WA 3.5%) Source: ABS June 20

Bell ringer

Change a gonna come… Source: ASFA white paper May 15

The China exports myth Source: CEIC, ANZ Bank projection