Whole new ball game for our economy
The economic times are changing rapidly and not for the better. The inexperienced duo holding Australia’s purse strings face a daunting task.
The economic times are changing rapidly and not for the better. The inexperienced duo holding Australia’s purse strings face a daunting task.
From quince and champagne paste to the humble roast chook, consumers will have to get used to paying more for their favourite bites as inflation – er – bites.
New Treasurer Jim Chalmers says the Liberal Party got a ‘drubbing’ in Saturday’s election but nearly 500,000 Australians preferred Morrison over Albanese as their first choice.
Adrian Orr, the New Zealand Reserve Bank governor, could be the last central banker in the world with a brain and a spine after hiking rates by 50 basis points on Wednesday.
The NBN has just come through the most extreme ‘stress test’ anyone could have been imagined and it came through spectacularly. And now customers are going to be the big winners, writes Terry McCrann.
Harvey Norman’s results show JobKeeper and JobSeeker have worked spectacularly well. As taxpayer handouts are wound back, JobSeeker should not be cut to pre-virus rates, writes Terry McCrann.
Thanks to Victoria’s Lockdown, one state is keeping both itself and the nation locked in the worst recession in nearly 100 years, writes Terry McCrann.
The “fake” jobless numbers from the ABS weren’t good news, unless you define good as being anywhere better than dreadful, writes Terry McCrann.
Back in June, Britain was the poster child for the “coal-free” power generation. But, the brave new UK coal-free future lasted less than a week, writes Terry McCrann.
Our denial of coal as the first-best solution to Australia’s energy troubles is madness, when it provides cheap, reliable and plentiful electricity, writes Terry McCrann.
There’s a whole raft of reasons Scott Morrison’s ‘commitment’ to a new major gas-fired power station is laughable, writes Terry McCrann.
No one will shed a tear over the sacking of the Rio chief who presided over the blowing up of an Indigenous heritage site and the chair should go too, writes Terry McCrann.
Original URL: https://www.couriermail.com.au/business/terry-mccrann/page/98