Myer and Lew’s worthy choice
Olivia Wirth’s appointment as the new boss of Myer comes amid a leadership shake-up that underlines the influence of major shareholder Solomon Lew.
Olivia Wirth’s appointment as the new boss of Myer comes amid a leadership shake-up that underlines the influence of major shareholder Solomon Lew.
Bitcoin hit a new record recently, which just goes to prove how detached the price is from anything approaching common sense.
The GST was supposed to have been about tax reform. It quickly became a grubby combination of bureaucratic meddling and self-interested political machination.
The Albanese-Chalmers-Bowen government’s so-called ‘Fuel Efficiency Standard’ is a classic example of Orwellian Newspeak that has nothing to do with real fuel efficiency.
The week has kicked off with the greedy big business fantasies of the BCA and will end with the hopeless statistical fantasies of Treasury.
Given rocketing materials and labour costs, there’s nothing in Labor’s new housing plan to directly help builders, while the real challenge will be exploding immigration numbers.
Chris Bowen is on an utterly insane campaign to destroy our electricity system and it will turn out just like the disaster happening right now in the UK.
Workplace Relations minister Tony Burke has once again confirmed the federal government’s relentless anti-business and anti-productivity campaign is the biggest threat to higher rates.
Rio Tinto’s Simandou iron ore project in far-off West Africa could potentially give the miner a competitive edge but it’s doubtful the head honchos at rival BHP are losing any sleep over it.
The stark reality is that despite the tens of trillions of dollars that have been thrown away on useless wind and solar, coal, gas and oil still account for 80 per cent of global energy usage.
Two very different half-years contributed to CBA’s $10bn profit result, the largest ever by an Australian bank.
A bank that makes a too-big profit, and the CBA does not, is still a far more desirable reality than a bank that makes a too-small profit.
When John King walked into Myer in 2018 it was at death’s door. Five years on post Covid and interest rates, the retailer is thriving.
The ACCC decision to black ANZ’s acquisition of Suncorp bank is an embarrassingly awful decision – reflecting gross regulatory ineptitude and an inability to understand the law.
Original URL: https://www.adelaidenow.com.au/business/terry-mccrann/page/17