Our prosperity pivots on commodities boom outlook
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.
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.
We are clearly heading back to one pre-Covid future – the world we used to have where almost all home loans were variable rate ones.
The latest AEMO energy roadmap has inadvertently revealed that we are racing headlong back to the 18th century as we destroy our electricity generation system.
Faced with the biggest energy crisis in Australia’s history, Chris Bowen has done a combination of absolutely nothing and doubling down on the lunacy that caused the mess in the first place.
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.
The nation’s financial crimes watchdog has worked out where the money is. But AUSTRAC’s case against Crown Resorts is unlikely to generate CBA or Westpac type fines, write Terry McCrann.
Philip Lowe’s announcement about interest rates was not only bad news for savers, but unintentionally sent a strong message to federal treasurer Josh Frydenberg, writes Terry McCrann.
The race is on, with the JobKeeper end date rapidly approaching yet no end to lockdown in sight. Unless Daniel Andrews loosens his stranglehold on the economy, more Victorians will become officially unemployed, writes Terry McCrann.
The honeymoon is over for Virgin and its new buyer, with the harsh reality of its new union setting in and some tough decisions looming in the near future, writes Terry McCrann.
Josh Frydenberg’s industrial strength hosing of money to just about everyone in the budget has raised consumer confidence in Australia, and yes, even in Melbourne, writes Terry McCrann.
When China makes decision that affect us, all sorts of games could be in play that have absolutely nothing to do specifically with Australia; then again, they could be very precisely aimed at us, writes Terry McCrann.
The $2.8bn bid for the Link investment services group is an entirely opportunistic and completely predictable undervalue opening gambit by the always avaricious private equity bottom feeders, writes Terry McCrann.
Original URL: https://www.couriermail.com.au/business/terry-mccrann/page/95