Last quote by Michael Blythe
The current account deficit is the mirror image of our borrowing from the rest of the world. The implication is that our reliance on the savings of the rest of the world should decline. These developments should feed into the debate about the sustainability of Australia's AAA rating in a positive way.
Feb 01 2017
We can learn a lot about a person if we know what types of things he or she talks about or comments on the most frequently. There are numerous topics with which Michael Blythe is associated, including Australia and Groundhog. Most recently, Michael Blythe has been quoted saying: “Australia's push back toward an underlying budget surplus has felt a bit like 'Groundhog Day'. It's there in the forecasts but continually recedes into the distance.” in the article Australia's budget deficit deepens, top credit rating at risk.
Quotes by Michael Blythe
Dec 19 2016
Australia's push back toward an underlying budget surplus has felt a bit like 'Groundhog Day'. It's there in the forecasts but continually recedes into the distance.
Jul 24 2016
It's not deflation yet, but the risk is that if inflation stays this low for a couple of years, it'll get baked into expectations and then, bang, you're in trouble.
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