Richard Grayson

A bit of thought and money went into this

A proud day. 60-day dispensing will make a real difference for some of the most vulnerable people in our communities, who are struggling with rising costs. As a GP from Mackay, I know patients in rural and regional Australia deserve this change. Patients must come first. #60day

The pharmacy owners’ group enter post-truth politics with dodgy claims. This is a good policy, so-called losses are offset by other increases, but we don’t mention them: Guild ad blitz targets regions and marginal electorates to fight prescription changes thenewdaily.com.au/news/2023/07/1…

This suggest that the RBA is now neutrally positioned (cash rate at 3.85%) to their forecasts. Further rates hikes must come from data that is materially stronger than the forecast slowdown in activity and inflation

For those who say “todays mortgage rates are nothing as back in 1989 mortgage rates were 17%”…household debt interest/income is already > 1989 levels & int & total debt payments/income will be ~record level with a 4.1% cash rate. Hhold debt to inc ratio is nearly 3x 1989 levels

ANZ now expects the RBA cash rate to peak at 4.1%. Persistence in inflation pressures suggests that the cash rate will remain in restrictive territory for some time. We don’t expect the RBA to start easing until a 25bp cut in November 2024. #ausecon

@SLBaldry @ketaminh Lucy?

No more horses of the apocalypse, please. Hope everyone OK. #earthquake

NEW ZEALAND ARE THE INAUGURAL ICC WORLD TEST CHAMPIONSHIP WINNERS 🎉 #WTC21 Final | #INDvNZ | @BLACKCAPS

Australia’s #healthcare system must learn from 2020 in order to provide for the population’s needs anz.co/3cyRST7 @Tony40Scott @RJGrayson1 @MelbInstUOM

It's clear that #COVID19Vic is making anxiety levels worse. Because of what we went through last year, & what might lie ahead, many are already struggling. Don't expect lockdown to lift on Friday. Get some exercise, don't overdo alcohol, & take breaks from the news.

The budget’s health check. #anzhealth bluenotes.anz.com/posts/2021/05/…

In true Masters style. 👏 Hideki Matsuyama’s caddie Shota Hayafuji bowing to the course after their victory at Augusta National. #TheMasters

#BREAKING: All retail, restaurants, hotels, bars and cafes will reopen in Victoria.

Registration is now open for the PCHSS webinar on the 'Impact of #COVID19 on the Australian Health Workforce'. Speakers include Prof Tony Scott and A/Prof Liam Caffery with an introduction by @JBraithwaite1. 26 Oct, 2-3pm AEDT online page.mq.edu.au/PCHSS-webinar-… @tony40scott @RACGP

If only we had more of this...

ANZ has changed its RBA call to a rate cut to 0.1% in November. Today’s statement suggests they want to keep doing ‘stuff’. QE likely. We think the TFF gets extended next year as well.

The policy landscape has shifted. Policy will be easier, public sector capability will be in focus, and inequality and distributional issues, such as climate, will become more integral to the policy process. afr.com/policy/economy…

@ricyet 😮

In June I asked whether policymakers had gone too far. This is UK house price data today.