Why Wall Street got it $3 trillion wrong
Wall Street made a $US2 trillion ($3 trillion) bet on the US inflation numbers. And lost.
Terry McCrann
Crown and chairman to save Star’s licence
Star needs to do whatever is necessary to keep its NSW and Queensland casino licences. Fortunately, Crown has already shown it how to do that.
Attacks on Joyce are silly and totally unfair
The attacks on Qantas and its CEO Alan Joyce have ranged from the viciously unfair to the just plain embarrassingly silly.
RBA’s Lowe details tricky path on rates
Reserve Bank governor Philip Lowe has laid out very precisely what he and his board plan to do about interest rates.
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Why Victoria’s virus modelling is disastrous
The Victorian government said the state was heading for 20,000 new coronavirus cases a day — far more than than the peak of 1100 forecast in other modelling. So who to believe, asks Terry McCrann.
Why we shouldn’t trust Australia’s jobless figures
ABS data says the jobless rate was just 7.5 per cent in the first two weeks of July; Roy Morgan’s figure was 12.5 per cent through July. But the real figure was actually closer to 16.5 per cent, writes Terry McCrann.
Why CBA might just be the world’s most profitable bank
Right now Australia’s Commonwealth Bank is quite probably the most profitable big bank in the entire world. Terry McCrann explains why.
WA Inc aims to steal $28bn from Palmer
Queensland billionaire Clive Palmer has sued the WA Government for a purported $28bn. In an outrageous abuse of power, its response is to legislate to prohibit him from winning, writes Terry McCrann.
Victoria’s lockdown 3.0 to dig nation deeper into recession
Treasury forecasts Victoria’s Lockdown 3.0 will on its own drag Australia’s economy deeper into recession through the September quarter, writes Terry McCrann.
Virgin will burn $5bn to fly into 2021
The little matter of some $6.8bn of debt that gets ‘vanished’ is a rather important item that was missing from the outline of the fantastic Virgin 2.0 and its glorious future that will emerge from the ashes of Virgin 1.0, writes Terry McCrann.
RBA delivers the certainty we need
The Reserve Bank is providing the foundation of stability that is so crucial at this time of plague, economic devastation and just general fear and uncertainty, writes Terry McCrann.
Can NSW save us all from Victoria?
Australia will get a positive GDP growth number for the September quarter, but the size is dependent on NSW not heading down Victoria’s path of recession, writes Terry McCrann.
Dan Andrews’ ban on drug Trump Derangement Syndrome
Dan Andrews’ ban on hydroxychloroquine is nonsensical and reeks of anti-Trump behaviour, writes Terry McCrann.
Why there’s no such thing as ‘good’ inflation
Most economists in their mindlessness see negative inflation – falling prices – as a bad thing. But the last thing jobless workers and battered businesses need right now are price rises, writes Terry McCrann.
Original URL: https://www.adelaidenow.com.au/business/terry-mccrann/page/82