PEFO farce hides debt interest danger
Right now, every one of you – man, woman, child and even new-born baby – owes around $35k of federal debt, and it’s going to be going up relentlessly every year, pretty much forever.
Terry McCrann
Albo’s lies get bigger and more dangerous
Anthony Albanese lies repeatedly but most potently and dangerously his biggest lie of all is about supporting new coal mines in Australia.
RBA edges towards May rate hike
The release of inflation data next Wednesday will render it utterly unsustainable for the RBA to keep the cash rate at 0.1 per cent for even another week, far less another month.
Food inflation is real and it’s serious
Most people under the age of 35-40 have never experienced rising food prices but that’s about to change and possibly big time.
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JobKeeper is right, JobSeeker too harsh
The government has made changes to both the JobKeeper and JobSeeker payments. It got one just right, but missed the mark on the other, writes Terry McCrann.
Why cutting business tax makes zero sense
Any thoughts of so-called ‘tax reform’ – which adds up to increasing taxes on individuals to ‘fund’ tax cuts to business – are way, way out there in fantasy land, writes Terry McCrann.
SME loan scheme fails the reality test
The federal government has expanded its loan guarantee scheme for SMEs but don’t expect a rush of applications, writes Terry McCrann.
Real court does the right thing to keep Virgin alive
The Federal Court has dealt with Virgin bondholders in a process that was swift and clean, sensible, decisive, effective and exactly correct, writes Terry McCrann.
The budget deficit we have to have
On Thursday Treasurer Josh Frydenberg will tell us the huge budget deficits we now face, while simultaneously forecasting that the economy will bounce back strongly this fiscal year. But all forecasts hang on whether the virus subsides, writes Terry McCrann.
Labor leader backing coal mine a bizarre state of affairs
You know times are strange when Labor’s Anthony Albanese is going into bat for extending a coal mine and the Coalition is largely silent, writes Terry McCrann.
Victoria’s hotel quarantine debacle real jobs killer
Criminal negligence over hotel quarantine in Victoria which has let the virus rip through Melbourne and over state borders will kill people and has stuffed it for the national economy, writes Terry McCrann.
Can Virgin deal survive Victoria’s lockdown?
Virgin Australia suitor Bain was always going to walk away from international flights but it wouldn’t have expected domestic ones to continue to be tied down. Terry McCrann questions the future of the deal.
Original URL: https://www.couriermail.com.au/business/terry-mccrann/page/104