georges eats humble pie, page-24

Hi,

good luck guys. Just a heads up though ... according to an Australian economic text I have you probably won't have much luck:

"By convention, the change in an economic indicator 'in' or 'for' a year, reflects the comparison of the TOTAL of that indicator for the WHOLE year and the TOTAL for the preceding year."

"Conversely, the change in an indicator 'during', 'over', 'through', or 'over the course of' a year, is the comparison of the final value of that indicator for the year with the final value for the preceeding year (eg. the value for the Dec quarter 2004 compared with the value for the December quarter 2003)."

So.. to me if you say "increased OVER 6 months to December", then you are comparing December to the value 6 months ago.

You will notice that MUL/NWT used the words 'over' and 'during', which would not refer to the entire period as you had imagined.

Good luck, and maybe ASIC won't agree with my economics text.


Joel