How the budget blew up in week two
Treasury has stuffed up its economic forecasting for the June quarter and now the budget has blown up in the face of new treasurer Jim Chalmers.
Terry McCrann
Gas disaster just part of energy mess
Welcome to the rest of your lives. The gas crisis is going to get worse because Australia has quite deliberately and specifically reduced supply.
Why markets and experts will be wrong
There are dangers with slavishly following either the ‘experts’ or the ‘market’ because there are just too many uncertainties to be able to predict the future of interest rates.
Higher bills on the way after AGL abandons plan to split
AGL Energy’s decision to abandon its plan to split into two companies won’t have any impact on the planet but will mean the end of cheap, plentiful and reliable electricity.
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Why the pathetic $1.5b handout is a joke
The Prime Minister’s $1.5b manufacturing plan is a pointless joke. We’ve already traded away our key global advantage — cheap coal-fired electricity, writes Terry McCrann.
NBN and electricity journeys in lunacy
When it comes to the NBN, policy dictates we have to totally embrace the technology of the 21st century. Yet with electricity we are told we must go back to windmills or the sun. It’s time for some reality, writes Terry McCrann.
How Chairman Dan’s curfew call was utterly useless
Premier Daniel Andrews’ decision to remove the curfew restriction for Victorians was the single most useless thing he could change — with zero benefit to the virus fight or to jobs and the survival of tens of thousands of businesses, writes Terry McCrann.
Victorian premier holds budget and nation hostage
Next week’s federal budget is being held hostage by an incompetent and dictatorial Victorian premier, writes Terry McCrann.
The hidden risks in Frydenberg’s ‘reforms’
Treasurer Josh Frydenberg has unveiled two very big and significant moves aimed directly at helping the economy, small businesses and individuals get through the present crisis. But have not doubt there are some risks in these reforms, writes Terry McCrann.
Corporate cop’s big payday for failure
Both CBA and Westpac were caught cold breaking the law and the penalties were appropriate but why did nobody at Austrac even think of asking what was happening? Now it gets to “bury” its incompetence in multibillion-dollar settlements, writes Terry McCrann.
Why you shouldn’t bank on RBA cutting rates
Westpac’s chief economist Bill Evans has joined NAB’s Alan Oster in predicting a rate cut from the Reserve Bank at its next meeting Tuesday week. But there is no good reason for the RBA to make any cuts, writes Terry McCrann.
Australia’s governments must order us out of recession
Unless and until Victoria — one-quarter of the national economy, to say nothing of 6.5 million individuals — is released from home imprisonment, the national economy can’t get back to healthy activity, writes Terry McCrann.
Original URL: https://www.couriermail.com.au/business/terry-mccrann/page/97