terrorist threat has become a “persistent and permanent feature of Australia’s security environment” and that an attack “could … occur at any time.” It demonstrates that in fact the chances of getting killed in a terrorist attack in Australia are close … to zero. As a consequence the comment argues that a comprehensive and facts-based review and reform of Australia …

inflation, extending the inquiry conducted in Tallman and Chandra (1996). First, we investigate whether perfect knowledge of the … future values of financial aggregates helps improve significantly the forecasting accuracy of output and inflation in a … data. We find only one instance in which an aggregate helps explain the variation in either real output growth or inflation …

low-inflation policies that have been adopted by a number of central banks in recent years. This credibility problem is … particularly severe for those countries that have a history of high inflation. Gaining credibility is often viewed in the context … aspect of credibility--at least for long-term inflation expectations--may be public views about how future changes in …

This paper uses data for Australia, the United States, Japan and the euro area to examine the relative performance of … the headline CPI, exclusion-based 'cores', and trimmed means as measures of underlying inflation. Overall, we find that … support to the use of trimmed means as useful measures of underlying inflation at the current juncture where the growth of …