Only one real option for RBA
The latest inflation data has left the RBA with only one real option at its next meeting. It won’t seriously consider a hike, but nor are cuts on the horizon.
The latest inflation data has left the RBA with only one real option at its next meeting. It won’t seriously consider a hike, but nor are cuts on the horizon.
Those laying into our supermarket operators would do well to consider the other options. North Korea anyone?
Australia’s three resources giants generated $55bn in profit from digging up and shipping off iron ore, mostly to China, which is why the corporate ecstasy could turn to agony.
Treasurer Jim Chalmers’ claims about real wage increases show he needs some serious lessons in primary school arithmetic.
Media mogul Rupert Murdoch flew to Melbourne in 1979 to make an odd purchase that would define his seven-decade journey to the top.
Talk about chutzpah. Anthony Albanese has called a Covid inquiry that is a pure Seinfeldian rip-off – an inquiry about nothing.
The simple brutal truth is that we will build the first nuclear power station in Australia immediately after we build the next big coal-fired plant.
Two unrenewables are the base for budgets both state and federal. And it’s not sustainable.
Treasurer Jim Chalmers seems to ‘think’ Australian ‘history’ began in 1983 but for the 25 years to 1974, Australia enjoyed a jobless rate even lower than it is now.
Rate hikes are likely off the agenda for the time being. But don’t count on a cut any time soon.
The fallout from the decision to reject extra Qatar Airways flights into Australia is a searing pointer to the much broader and deeper dysfunction of the Albanese Labor Government.
It takes a particular combination of stupidity and deliberate malevolence to keep fuelling the flames of the housing and rental shortages with out-of-control, immigration.
Original URL: https://www.couriermail.com.au/business/terry-mccrann/page/19