Boart Longyear sees changes at the top - A senior Boart Longyear manager has stepped down as the company restruct... http://t.co/9YEgXDJUUJ

Boart Longyear sees changes at the top - A senior Boart Longyear manager has stepped down as the company restruct... http://t.co/9YEgXDJUUJ

— EconoSteel.com (@econosteelmelb) May 1, 2015

from Twitter https://twitter.com/econosteelmelb

May 01, 2015 at 10:05AM
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Aurizon workers take strike action - Queensland coal trains were stranded yesterday after Aurizon workers went on ... http://t.co/mcdECmj384

Aurizon workers take strike action - Queensland coal trains were stranded yesterday after Aurizon workers went on ... http://t.co/mcdECmj384

— EconoSteel.com (@econosteelmelb) April 30, 2015

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April 30, 2015 at 10:13AM
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South Australia tiptoes towards nuclear future - With South Australia’s nuclear future to be investigated in a Roy... http://t.co/Ok1SwmM8Uz

South Australia tiptoes towards nuclear future - With South Australia’s nuclear future to be investigated in a Roy... http://t.co/Ok1SwmM8Uz

— EconoSteel.com (@econosteelmelb) April 29, 2015

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April 29, 2015 at 10:12AM
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WA government faces criticism over airport project - Australia’s FIFO hub, Perth Airport, has seen air travel dema... http://t.co/ezu7Qyxgit

WA government faces criticism over airport project - Australia’s FIFO hub, Perth Airport, has seen air travel dema... http://t.co/ezu7Qyxgit

— EconoSteel.com (@econosteelmelb) April 28, 2015

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April 28, 2015 at 10:05AM
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2015 Hot 30 Under 30 http://t.co/8VpkRVcTbO

2015 Hot 30 Under 30 http://t.co/8VpkRVcTbO

— EconoSteel.com (@econosteelmelb) April 27, 2015

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April 27, 2015 at 04:32PM
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News in Focus - Weekly Wrap [VIDEO] - This week we look at further iron ore production increases, gold mining jobs... http://t.co/3whqUsJxQc

News in Focus - Weekly Wrap [VIDEO] - This week we look at further iron ore production increases, gold mining jobs... http://t.co/3whqUsJxQc

— EconoSteel.com (@econosteelmelb) April 25, 2015

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April 25, 2015 at 10:08AM
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Fortescue increases bonds issue - ​Fortescue Metals Group have launched back into the bonds market, continuing wit... http://t.co/1AGqvC6ov6

Fortescue increases bonds issue - ​Fortescue Metals Group have launched back into the bonds market, continuing wit... http://t.co/1AGqvC6ov6

— EconoSteel.com (@econosteelmelb) April 24, 2015

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April 24, 2015 at 10:14AM
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Diversity the new key to shareholder value at BHP - ​Staff diversity and inclusion is a source of competitive adva... http://t.co/4MhYvoxzYK

Diversity the new key to shareholder value at BHP - ​Staff diversity and inclusion is a source of competitive adva... http://t.co/4MhYvoxzYK

— EconoSteel.com (@econosteelmelb) April 23, 2015

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April 23, 2015 at 10:02AM
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Mobile camp saves three hour commute for Roy Hill workers - The CEO of Roy Hill Station has commended contractors ... http://t.co/ohZWLkAPNl

Mobile camp saves three hour commute for Roy Hill workers - The CEO of Roy Hill Station has commended contractors ... http://t.co/ohZWLkAPNl

— EconoSteel.com (@econosteelmelb) April 22, 2015

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April 22, 2015 at 10:07AM
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WA uranium explorer expands resource estimates - ​Uranium explorer Vimy Resources have announced a resource upgrad... http://t.co/zBwN76Lv4D

WA uranium explorer expands resource estimates - ​Uranium explorer Vimy Resources have announced a resource upgrad... http://t.co/zBwN76Lv4D

— EconoSteel.com (@econosteelmelb) April 21, 2015

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April 21, 2015 at 10:02AM
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Precision Measurement Technology Performs Under Pressure - Both accuracy and consistency of measurement are import... http://t.co/coaQ9q0ik9

Precision Measurement Technology Performs Under Pressure - Both accuracy and consistency of measurement are import... http://t.co/coaQ9q0ik9

— EconoSteel.com (@econosteelmelb) April 20, 2015

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April 20, 2015 at 10:04AM

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On The Bench: Iron Ore - The Reckoning [VIDEO] - Vicky Validakis and Ben Hagemann look at the current state of the... http://t.co/Rl6QjtCI4v

On The Bench: Iron Ore - The Reckoning [VIDEO] - Vicky Validakis and Ben Hagemann look at the current state of the... http://t.co/Rl6QjtCI4v

— EconoSteel.com (@econosteelmelb) April 18, 2015

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April 18, 2015 at 10:08AM

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New SA gold miner pushes ahead development - ​South Australia’s newest gold project is targeting their first pour ... http://t.co/TVXeGtgeRC

New SA gold miner pushes ahead development - ​South Australia’s newest gold project is targeting their first pour ... http://t.co/TVXeGtgeRC

— EconoSteel.com (@econosteelmelb) April 17, 2015

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April 17, 2015 at 10:07AM

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Komatsu and GE team up with “big-data” technology - Komatsu has announced a partnership with General Electric to p... http://t.co/4QW7rliK5P

Komatsu and GE team up with “big-data” technology - Komatsu has announced a partnership with General Electric to p... http://t.co/4QW7rliK5P

— EconoSteel.com (@econosteelmelb) April 15, 2015

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April 15, 2015 at 10:12AM

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Switchgear Survival Guide: Tips to Optimise Switchgear and Enhance Reliability http://t.co/Vy6rNunwvd

Switchgear Survival Guide: Tips to Optimise Switchgear and Enhance Reliability http://t.co/Vy6rNunwvd

— EconoSteel.com (@econosteelmelb) April 13, 2015

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April 13, 2015 at 10:04AM

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Don’t Be Complaisant About Non-Compliance - In the increasingly competitive economic landscape of mining, business... http://t.co/TlmYGgQDKw

Don’t Be Complaisant About Non-Compliance - In the increasingly competitive economic landscape of mining, business... http://t.co/TlmYGgQDKw

— EconoSteel.com (@econosteelmelb) April 11, 2015

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April 11, 2015 at 10:13AM

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2015 Women in Industry Awards: Last chance to nominate - Are there women in your business doing amazing work? Get ... http://t.co/r942O6JSBc

2015 Women in Industry Awards: Last chance to nominate - Are there women in your business doing amazing work? Get ... http://t.co/r942O6JSBc

— EconoSteel.com (@econosteelmelb) April 10, 2015

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April 10, 2015 at 10:03AM

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Ramelius gold shares up 45 per cent - ​Gold producer Ramelius Resources has achieved guidance for the March quarte... http://t.co/tXQjrvbrc5

Ramelius gold shares up 45 per cent - ​Gold producer Ramelius Resources has achieved guidance for the March quarte... http://t.co/tXQjrvbrc5

— EconoSteel.com (@econosteelmelb) April 9, 2015

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April 09, 2015 at 10:04AM

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Has monetary policy failed Australia's economy?

Why have low interest rates failed to boost the Australian economy? Has monetary policy failed us, or are we simply looking at the situation from the wrong angle?

It’s a complicated question and I won’t pretend that I have all the answers. But it’s an issue worthy of further discussion given the stance of monetary policy both domestically and overseas.

What’s the counterfactual?

Macroeconomics has always been hampered by the inability to observe the counterfactual of a change in policy. The counterfactual is basically the alternative scenario that would have played out had some policy decision not taken place.

In this circumstance, the counterfactual is: what would the economy be like if the Reserve Bank hadn’t commenced its easing cycle back in November 2011?

Read the full story here..  http://www.businessspectator.com.au/article/2015/4/8/reserve-bank-australia/has-monetary-policy-failed-australias-economy?utm_source=exact&utm_medium=email&utm_content=1272583&utm_campaign=kgb&modapt=