Bernie Fraser Wins Masterchef

[cuttlefish]

"qualifications as impressive as 'ex governor of the reserve bank".

To negotiate with unions? I can't think of many less qualified. His qualifications are that he is an old Labor mate.

My main point is that $2.5k a day for a key consulting role like this is not excessive and in fact for someone of his qualifications and background is arguably quite reasonable.

This article from the age last year paints him in quite a positive light.

... Fraser, 67, who was governor of the Reserve Bank from 1989 to 1996, is widely credited with stuffing the inflation genie firmly back in the bottle, without knocking the economy on the head and causing massive unemployment.

Now, watching from the sidelines, Fraser - once dubbed "an economist with a conscience" - has some concerns about the effect of interest rate rises and wage restraint on those least able to afford it, at a time when executive salaries are "totally out of control"...

Link to full article: http://www.theage.com.au/news/money/profile-bernie-fraser/2008/03/17/1205602290290.html

 

[Garpal Gumnut]

I'm glad GG isn't doing my accounting, and 2.5k a day isn't exactly a mind blowing daily rate for a well established professional.

Sorry mate, I'm good at reading . riting and rithmatic, but not all three at once.

My apologies.

gg