Does NAB Economics dept use ABS Statistics for policy formulation?
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WILL #ALBO SHARE HIS WIN WITH THE #GREENS to keep his job?
#ALBO had a great opportunity to question and open up the debate when
he used the 5.4% number for current unemployment however his advisers were not ready
and still must believe the Australian Bureau of Statistics numbers of 4%
Roy Morgan says it's 8.5%.
Why does it matter you might ask?
#BILLIONS..$$$$ ARE AT #STAKE TO THE #PRIVATE#SECTOR#BORROWERS
We #URGENTLY need the Australian Bureau of Statistics to be required to
have an #Independent#Methodology#Audit every 3 years to determine the
correct #Unemployment rate and if 8.5%, how could #RBA justify increasing
interest rates on #businesses and home #borrowers this year or next?
Why should the RBA have the power to disrupt the #PrivateSector
with higher financing costs into the $billions?
MOST #RESEARCH IS #FAULTY WHEN USING Australian Bureau of Statistics
#COURTS#BANKS & #STATE#TREASURIES All Use #ABS#Statistics
Commonwealth Treasury Uses #ABS#Statistics but will not support a
#Methodology#Audit of #ABS. #WHY? #ASK YOUR MP WHY NOT?
Does the Australian Prudential Regulation Authority use #ABS#Statistics to
control borrowing ratios?
Do ACCCASIC use #ABS#Statistics?
Do #FinancialPlanners & Association of Superannuation Funds of Australia (ASFA)
#Economists Use #ABS#Statistics?
#monetarypolicy#bankingindustry#statistics#mathematics#census
Federal Reserve Board#politicsReserve Bank of New Zealand#economy
#economists#actuary#actuarialscience#econometrics#statisticians
#politicians#elections