New Zealand lays out our interest rate future
If you want to see where Australian interest rates are heading just look across the pond to New Zealand where property prices have already retreated 9.2 per cent.
Terry McCrann
RBA gets real, wages now the key
What variety of dope has RBA governor Philip Lowe been feeding into the computer if he thinks workers are going to cop 3.3 per cent wage rises when inflation is 6 per cent?
RBA must wake up to the ’new reality’
The RBA on Tuesday will at the very least raise the official cash rate by 25 basis points but it needs to go higher and pretty quickly. Here’s why.
Has Albo set the clock ticking on a time bomb?
Will the Albanese government’s support for a 5.1pc minimum wage rise come to be the signature policy exercise that combines with and unleashes forces which end up destroying it?
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Frydenberg’s ‘dangerous’ budget proves fiscal restraint abandoned
Anthony Albanese’s team must have been burning the midnight oil – or running those Labor Party windmills at warp-speed – to find something that Frydenberg missed in the budget, because our treasurer sure spent money like there was no tomorrow.
Packer and Crown’s long-awaited divorce now inevitable
After an appearance at the NSW probity inquiry, it’s now finally clear James Packer and the Crown casino group’s relationship is locked into a journey that has only one destination — total and irreversible divorce, writes Terry McCrann.
Budget surpluses have gone forever
No government (or opposition) will ever again be able to claim they will deliver a surplus without the risk of being laughed into utter ridiculousness, writes Terry McCrann.
Mind-boggling budget betting big on vaccine
The unprecedented spending in the budget is both unavoidable and necessary. But it is building a debt mountain that will have to be climbed and is all based on the absolutely critical assumption that we get an effective vaccine, writes Terry McCrann.
RBA holds fire, heads for Cup Day
As predicted, the RBA has kept the official interest rate unchanged and is now very likely to deliver a ‘rate cut plus’ on Cup Day, writes Terry McCrann.
Federal budget’s major cash splash is a no-brainer
Federal government spending this year will be around 34 per cent of GDP. No previous treasurer has got remotely close to that before. But the big cash splash is a no-brainer for two reasons, writes Terry McCrann.
Treasurer’s October surprise set to pack a giant punch
The real surprise in Josh Frydenberg’s second budget on Tuesday will be that a treasurer who was only going to have surpluses will now own the biggest deficit — something north of $200 billion, writes Terry McCrann.
Two million Aussies still jobless as Victoria stays shut
Almost one in ten Australians remained jobless in September, despite most of the economy outside Victoria starting to open up. And while the data is trending downwards, one expert says it may actually be bad news for the country’s post-virus recovery.
Original URL: https://www.couriermail.com.au/business/terry-mccrann/page/96