CEO hubris erupts around lunatic RBA

Thursday, 2 May 2019

At the AFR, CEOs line up to demand…no rate cuts:

“I don’t think it’s going to make any difference,” NIB Holdings chief executive Mark Fitzgibbon said on the sidelines of the Macquarie Australia conference in Sydney on Wednesday…

Mick McCormack, the CEO of gas pipeline owner APA Group, warned a pre-election interest rate reduction ran the risk of “tainting” the political messages in the run-up to the poll…

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About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.