No easy ride waiting for election winner
Is there just the slightest sense that this might actually be a good election not to win?
Is there just the slightest sense that this might actually be a good election not to win?
Will next week’s official Reserve Bank interest rate rise and the mortgage rate hikes it will trigger hurt or help the Government?
Maybe cash really is king right now after all, as global markets get all wobbly in the face of rising interest rates.
There is a growing realisation that the RBA might make its first official rate rise in nearly a dozen years at its coming meeting on Tuesday week.
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 hydroxychloroquine is nonsensical and reeks of anti-Trump behaviour, writes Terry McCrann.
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.
Victoria’s handling of the coronavirus pandemic is bordering on criminally negligent and the economic impact has started flowing across the border into the other states, writes Terry McCrann.
RBA governor Philip Lowe is providing a foundation of stability in this time of plague, volatility and monumental, confusing and continually changing uncertainty, writes Terry McCrann.
They are the “good” deficits we had to have, and if we can get the economy — and our lives generally — back to some sort of normality, they’ll be much smaller in the years to come, writes Terry McCrann.
Victoria has now the pivot for what happens with the virus, meaning the key to what happens with the national economy and all states and federal budgets depends on our state, writes Terry McCrann.
The world economy isn’t heading back to the depths of recession. But what happens on Wall Street and in Washington has as much bearing on Australia as any second virus wave outside of Victoria, writes Terry McCrann.
Original URL: https://www.couriermail.com.au/business/terry-mccrann/page/103