GDP signals that the RBA ain’t done yet
The good news in the GDP figures was also the bad news. That is to say, bad news for borrowers.
Terry McCrann
Lowe makes February pivotal for rates
RBA Governor Philip Lowe has moved too little, too late. Now we play the waiting game to see what happens next.
SEC exposes lunacy of the windmills of Dan’s mind
The reborn State Electricity Commission has even less financial metrics than the NBN. There probably isn’t even a drinks coaster.
Fed head pivots but China and Russia still key
Sharemarket investors have welcomed a rate hike pivot by the US central bank but what happens in China and Russia-Ukraine are the real keys to how Australia exits 2023.
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The PM’s crazy free-trade fantasy
What can the PM expect our shiny new international trade deal to get us when China ignores the free-trade deal we already have, asks Terry McCrann.
World’s risky one-way bet
The people who govern us – both the politicians and the central bankers – are making a universal one-way bet. Here’s why it’s disturbing and very dangerous.
Costello is our 99 per cent man
In corporate life, former federal treasurer Peter Costello is notching up a remarkable record that is probably unrivalled in the developed world, says Terry McCrann.
Why the NBN must not be sold off
Any suggestion the NBN should be privatised is simply madness. It must stay in public hands, and to do otherwise would be vandalism on a national scale, writes Terry McCrann.
Why CPI inflation figures are a nonsense
Official figures tell us inflation is all-but non-existent, but in the real world — especially for one big group of Australians — nothing could be further from the truth, says Terry McCrann.
Why vaccine-induced market surge is premature
Sure, there may well be a coronavirus vaccine in the pipeline, but let’s not get ahead of ourselves. The benefit, at least economically, will take months to play out, writes Terry McCrann.
Politics not driving Wall Street bullishness this time
Global share markets are on the march but its expectations of further central bank stimulus, rather than the US election result, which is the key driver, writes Terry McCrann.
Big week brings closest thing to free money
After an extraordinary week, home loan borrowers and investors have to decide if they should grab the closest thing to “free money” they are ever going to see and lock it in for four years, writes Terry McCrann.
Big banks had a pretty good year
The big profit plunges reported by the big four banks do not give an accurate guide to how they actually performed through the year — they’ve come through the pandemic pretty well, writes Terry McCrann.
Packer’s Barangaroo dream becomes a nightmare
If the NSW casino inquiry’ final report concludes that Crown is not a suitable holder of the Barangaroo licence, either the licence or Crown will have to go. Either way, it’s complicated and ugly for James Packer, writes Terry McCrann.
Original URL: https://www.dailytelegraph.com.au/business/terry-mccrann/page/74