Pascoe serves it up, again.

The national economic journalistic equivalent of “Tell it like it is” Dr Phil, Michael Pascoe, hits the nail on the head once again with this piece on why we shouldn’t expect a rate cut. Not only do we see Soloman Lew cop a serve, so too does our beloved Ross Gittins and the remaining south-east structural change-deniers, finally wrapping up with props to Mackay, Qld. Can he be stopped? More…

(ED: Special extra points for the Basel III tip too).