Reserve Bank must deliver two 50-pointers
The Reserve Bank must lift its official interest rate by 50 points at its Cup Day meeting and do the same again at its last meeting for the year in December.
The Reserve Bank must lift its official interest rate by 50 points at its Cup Day meeting and do the same again at its last meeting for the year in December.
While Australian retail investors remain keen on the share market, they’re becoming more conservative, gravitating to the ‘boring’ blue chips.
If sportspeople are to succeed, others need to be on the ball too. These ASX stocks – and their investors – are helping athletes and teams to kick on.
If Fed Reserve chair Jerome Powell carries through with the interest rate hikes that are required, US and Australian shares are headed for a 10 per cent fall, maybe more.
The relaunch of Virgin 2.0 is built on halving the size of the fleet and basically giving the leased aircraft and parts back to their investor-owners. But this will come at a significant cost, writes Terry McCrann.
Sunday’s announcement of an extension to Victoria’s lockdown was all about incompetent government — and Daniel Andrews must walk, writes Terry McCrann.
Victorian businesses have got the certainty some of their representatives have demanded. It is the certainty of devastation and not just in hospitality, retail and tourism, writes Terry McCrann.
Never before has the government ordered the economy into recession; ordered businesses to close, ordered people to lose their jobs — and while they did it with the best intentions, now they must order us out of this mess, writes Terry McCrann.
Whether Paul Keating and Kevin Rudd, are correct demanding super contributions rise to 12 per cent, they certainly are on the right side of politics because to abandon this would be political suicide, writes Terry McCrann.
The government ordered us into this recession and it is entirely within their power to order us out. What happens next is up to Victoria, writes Terry McCrann.
When Australia plunged into recession in the June quarter the brutal reality of businesses shuttering and workers losing jobs was like nothing we had ever experienced. Now one thing will limit how far and how quickly the nation snaps back, writes Terry McCrann.
On Tuesday we saw a current account surplus number of $36bn for the financial year. The last time we saw a surplus was back in 1973, which makes these numbers extraordinary, writes Terry McCrann.
IOOF’s funding of its acquisition of MLC is a rip-off of retail shareholders sanctioned by ASIC and ASX, writes Terry McCrann.
We’ve never before seen governments ordering the destruction of businesses and jobs, right across the economy, like we have during this pandemic. Now the only thing clear for investors is that there is no “safe harbour” on the other side, writes Terry McCrann.
Original URL: https://www.adelaidenow.com.au/business/terry-mccrann/page/80