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Comment & Analysis

Free-speech fundamentalists break free of good conscience

Senator David Leyonhjelm says there is no qualification to 'free speech'.

David Leyonhjelm is a boorish, supercilious know-all with the empathy of a besser block. And that new Hansonite conspiracy theorist from Queensland? He's an absurdist fringe-dweller and fellow hate-speech apologist. It's wacky and wackier. Neither of these self-promoting misanthropes would have the first idea about entrenched discrimination. Yet both are experts.You may disagree with this harsh critique and probably think it unbecoming of a serious media outlet. But offensive to them, it is not. And that's the point.

Banks respond to the Reserve Bank rate cut as one

Glenn Stevens oversaw the central bank's rate cut this week in his last major move as RBA Governor.

Our biggest banks move fast. Either that, or they collude. At 2.37 pm on Tuesday within minutes of the Reserve Bank cutting its cash rate to an all-time low, the Commonwealth Bank announced a completely different way of responding. Instead of passing on some of all of the cut, it would only pass on half and hand some of the rest out to customers as higher term deposit rates.