Michael Janda

ABC staff across the country walked off the job at 11am today for 24 hours for secure jobs, fair pay and the future of quality public broadcasting all Australians rely on. Share this post to show your support. #QualityNewsQualityJobs

Good piece by @TomisCrowley abc.net.au/news/2026-03-1…. Grandfathering is a hugely important issue - it would potentially increase intergenerational inequality if any change to CGT was fully grandfathered to exclude existing investments.

The RBA governor says it is prepared to face the risk of recession in order to get inflation back within its 2-3 per cent target range abc.net.au/news/2026-03-1… #Economy #econaus #RBA

My interview with RBA deputy governor Andrew Hauser, recorded around 10am AEDT this morning: youtube.com/watch?v=n593bt…

@gwynne007 It does, because at an average 2.5% inflation rate after 16 years the indexation gives the same CGT discount as the 50%, but prior to that investors generally get a bigger discount under the current system than they did under indexation.

@TMFScottP Not dead, but there's a lot more to CPI than labour costs.

@mikejanda I suspect, my surname notwithstanding, that the Phillips Curve isn't dead yet. It is logically the case that resource scarcity (in this case labour) should be inversely proportional to both specific and broad prices.

Let me add some 'day after' thoughts to yesterday's unemployment numbers: - While the 'rate' rose, we still created jobs. So this isn't your usual rise in unemployment - The rate, at 4.5%, is still well below the pre-COVID lows. It's not high by any objective measure 1/n

@TheLeedsPress Yes.

Thoughts? #lufc

@TheLeedsPress Yes.

What do you think? #lufc

@TMFScottP But inflation has been stabilising/starting to rise again even as unemployment has risen over the past year. Wages growth hasn't really been a major problem throughout the latest inflation episode, so perhaps we just need to abandon the Phillips Curve obsession once and for all?

@mikejanda That was the hindsight bias view many had, yes :) I suspect we're now learning that their assessment that sub-4% unemployment was sustainable was incorrect.

A far more minor inconvenience for me, but it would be nice for all of us who have feet at least half a size different to have this option rather than squishing the bigger foot in or having a loose shoe on the other foot bbc.com/news/articles/…

I love this story abc.net.au/news/2025-09-2… I've had such a thrill when I've seen an owl sitting on the powerlines outside our house a few times. It's great to think that at least some nature can co-exist with humans in cities.

@TheLeedsPress Yes

Yes or No? #LUFC

@EamonJavers @mmcassella Thanks, saw it pop up on the WH website just as ASX was opening.

@mikejanda @mmcassella WH just emailed it out.

Still not clear when we will see the official language on this Executive Order that I’m told has already been signed - it may or may not come out before market close.

@schwartzbWSJ Has anyone actually seen the text of the latest executive order on Chinese tariffs? It's still not showing up on the White House website: whitehouse.gov/presidential-a…

@marshyleeds 7. But I'd settle for 5 or more. Less than that and it's a worry.

Right now, with our squad as it is, how many points are we taking?

@DrCameronMurray Look on the bright side Cameron. It's better to turn 43 than to not have turned 43.

I turn 43 today. It’s the first birthday I haven’t felt young. No more “It’s my birthday, I look forward to many more and wonder what I’ll do when I grow up.” More “Huh. Another year. My body is past its peak. I’m closer to death than birth.” I get the mid life crisis thing

abc.net.au/news/2025-07-3… very insightful @annabelcrabb