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Terry McCrann

Generic of woman shopper with Myer stocktake sale shopping bag, walking past the Myer, Mall, department store in Brisbane, during end of financial year sale.
Business

Why rates limbo might soon end

Dismal retail sales data would usually lead to widespread speculation of an interest rate cut at the mid-June meeting. But not this time. Here’s why.

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Terry McCrann
CANBERRA, AUSTRALIA, NewsWire Photos. FEBRUARY 15, 2024: Governor of the Reserve Bank of Australia, Michele Bullock appears before the Economics, Senate estimates at Parliament House in Canberra. Picture: NCA NewsWire / Martin Ollman

Why Bullock had a hike option

Did Reserve Bank Governor Michele Bullock really, seriously, contemplate leading her board to deliver a rate hike, at the RBA’s first meeting back for the year, two weeks ago?

Business
2/11/2023 Gina Cass-Gottlieb is the chair of the ACCC, speaking during the Economic & Social Outlook Conference in Melbourne. Aaron Francis / The Australian

ANZ win damns ACCC

The Australian Competition Tribunal’s approval of ANZ’s takeover of Suncorp proves the ACCC hasn’t a clue about the legislation it is charged with enforcing.

Business
Monday 9th October 2023.BHP CEO Mike Henry at the Australia-Japan Business Partnership Conference.Photograph by Arsineh Houspian

What future is BHP facing?

BHP’s ‘future-facing’ ambitions have now been shredded, and dumped into the dustbin of history, thanks to brutal contemporary reality.

Terry McCrann
SYDNEY, AUSTRALIA - NewsWire Photos FEBRUARY, 15, 2021:  Advertising material at a JB HI-FI store at Leichhardt in Sydney. Picture: NCA NewsWire/Joel Carrett

JB Hi-Fi passes the vibe test

JB Hi-Fi reported a most uncharacteristic fall in sales and a quite thumping fall in profit; and investors promptly sent the share price rocketing to an all-time high.

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