Update: While he's not the only economist who seems to have too much faith in election betting markets (Kouk loves quoting them all the time too,) Sinclair Davidson's dedication to them should surely be tested after this election.
Also - I see that Adam Creighton had a tweet last night claiming its all due to the electorate's economic illiteracy. This from a man whose ideologically anti-Keynesian pals in the US have been predicting runaway inflation as the big worry for the last 6 years. And, of course, his pals here include a certain blog master who warned about stagflation in Australia 3 years ago.
Creighton's latest persistent line is that the drop in the Australian dollar is not really a good thing - I suspect because it makes his internet overseas purchases more expensive, which trumps its obvious benefits to just about anything being exported from here, as well as the tourism industry.
Update 2: The election result seems to confirm that the Newman campaign to drum up support for asset sales by calling them 99 year leases was too slick by half. The campaign was so obviously advertising agency manipulation to get the result Newman wanted, it backfired. Mark this one as a Crosby Textor fail. Couldn't happen to a better jerk, as Mark Textor clearly is.
Update 3: Good Lord. Judith Sloan has a post about the apparently leaked replacement policy to Abbott's to-be-abandoned-tomorrow parental leave plan with which I agree. The thing is, though, people like me always said Abbott was a policy flim flam man and a mere opportunistic flake. That's how he got the leadership, for God's sake; but because the ideologically driven to not believe science were so excited that he was their man for carbon tax removal, they weren't worried about him then.