Go to the source

I used to work at the Reserve Bank of Australia. The RBA does a fantastic job writing about complex matters as simply as it can for the general public.

So whenever the media references a release from the RBA (which is usually about interest rates), I go straight to the RBA website and read the release directly. I find this is far more effective than reading whatever the media will go on to say.

When any source is referenced, the interpretation will always have a bias (intentionally or unintentionally). Sometimes this bias will add more value, but other times it will distort the underlying message unduly. We wouldn’t realise this if we didn’t visit the source, which means our view of the world may be adversely impacted.

Even these blog posts will interpret an underlying source from time-to-time, and it’s great to see when people click-through to the reference link.

It usually doesn’t take much to visit the source material, and doing so provides a great sense-check of the content we consume.

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