Big messages in CBA’s figures
The Commonwealth Bank result is the most comprehensive and most up-to-date microcosm of Australians and Australia overall.
The Commonwealth Bank result is the most comprehensive and most up-to-date microcosm of Australians and Australia overall.
The government’s tax and industrial relations changes are going to hit the group of Australians they are supposed to be directly helping. Here’s how.
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.
Love it or hate it, Transurban keeps Australia’s three largest cities moving, while its tidy business model continues to deliver for investors.
Given rocketing materials and labour costs, there’s nothing in Labor’s new housing plan to directly help builders, while the real challenge will be exploding immigration numbers.
Chris Bowen is on an utterly insane campaign to destroy our electricity system and it will turn out just like the disaster happening right now in the UK.
Workplace Relations minister Tony Burke has once again confirmed the federal government’s relentless anti-business and anti-productivity campaign is the biggest threat to higher rates.
Rio Tinto’s Simandou iron ore project in far-off West Africa could potentially give the miner a competitive edge but it’s doubtful the head honchos at rival BHP are losing any sleep over it.
The stark reality is that despite the tens of trillions of dollars that have been thrown away on useless wind and solar, coal, gas and oil still account for 80 per cent of global energy usage.
Two very different half-years contributed to CBA’s $10bn profit result, the largest ever by an Australian bank.
A bank that makes a too-big profit, and the CBA does not, is still a far more desirable reality than a bank that makes a too-small profit.
When John King walked into Myer in 2018 it was at death’s door. Five years on post Covid and interest rates, the retailer is thriving.
Original URL: https://www.couriermail.com.au/business/terry-mccrann/page/21