Will New Zealand win the inflation race?
Our Reserve Bank could learn some lessons from our colleagues across the ditch when it comes to taming inflation.
Our Reserve Bank could learn some lessons from our colleagues across the ditch when it comes to taming inflation.
Telstra’s job cuts are brutal, but it’s a sign of things to come for the wider workforce as the AI tsunami looms.
The one blessing of Jim Chalmers’ woeful budget is that it isn’t likely to bring on an early election.
Two big – and I mean, huge – numbers surfaced Thursday, US inflation and Australian employment figures.
Five months into the job and Michele Bullock is proving to be a formidable RBA governor who’s in complete control.
Wage increases for wharfies and construction workers have left the RBA feeling cautious about its next move as the threat of inflation lingers.
So now we get the truth, Treasury really was off on a frolic all of its own, in coming up with the Chalmers and Albo’s plan to break the Stage 3 tax cut promise.
The Fed may have caught some by surprise with its cautious approach, but there’s only one way rates are heading in the US, and the RBA should follow its lead.
We really should get a rate cut next week based on the new inflation figures, which highlight the folly of the Melbourne Cup day hike.
The collapse in retail spending proves Australia’s economy is teetering on the edge of a recession, and it’s time for the RBA to act.
Don’t be fooled, the Albanese-Chalmers tax cuts for all Australians will actually mean a tax increase for five million taxpayers.
Treasury was hopeless during the covid pandemic and its role in the so-called Stage 3 tax cuts redesign has been `utterly disgraceful’.
Original URL: https://www.couriermail.com.au/business/terry-mccrann/page/11