Betting on a casino future with no Packer or ‘whales’
With no James Packer or Chinese high rollers, the big question is whether Australian casinos can build their futures on local punters in an ever-more digital age.
With no James Packer or Chinese high rollers, the big question is whether Australian casinos can build their futures on local punters in an ever-more digital age.
The differing schedules for the RBA and US Fed rate-setting meetings means that Australians are going to face five more months of ‘frenzied’ market speculation before Christmas.
Spare a thought for those invisible depositors who for the last two years have been getting zip on their bank deposits – now at least they may get a miserable 1 per cent or so.
Australia’s resource and energy exports hit $405bn over the past year and all our prosperity, including all those million-dollar houses, ultimately pivots on the boom continuing.
The chairman of Australia Post has zero understanding of the role and responsibilities of a board chairman, he has betrayed the corporation and its management and staff, and acted against the best interests of all Australians. So now he must go, writes Terry McCrann.
If Scott Morrison did not call for the sacking of ASIC chairman James Shipton or deputy chairman Daniel Crennan but still demanded Christine Holgate be sacked, he has revealed himself as a very small person, writes Terry McCrann.
In allowing Scott Morrison to suspend Australia Post chief executive Christine Holgate, chairman Lucio Di Bartolomeo has failed his most fundamental responsibilities. Now he must go, writes Terry McCrann.
Dozy company boards need to wake up and realise zero global interest rates and multi-trillion dollar money printing have reset how takeover offers need to be valued, writes Terry McCrann.
Melbourne Cup Day used to be a popular day for the Reserve Bank to change interest rates and more often than not to raise them. But come this Cup Day it seems all-but certain to be trimmed — or slashed, Terry McCrann explains why.
Scott Morrison’s attack on Australia Post’s chief executive Christine Holgate was not only hysteria on steroids, he also announced he is so disconnected that he does not understand how businesses work, writes Terry McCrann.
Shareholders in the Myer department store group should be asking if this is really be a good time to be throwing the whole management and leadership of the battered company into chaos by voting to sack the chairman, asks Terry McCrann.
Victoria is dragging down the rest of the country’s jobs recovery from the pandemic. But when we are back on track Australia can’t return to the old way of doing things, writes Terry McCrann.
Original URL: https://www.couriermail.com.au/business/terry-mccrann/page/94