Will a second bidder step up for Origin?
An $18bn foreign takeover bid for Origin Energy has shown why the energy giant should be worth more to the right local buyer than the $9 offer price accepted by the board.
An $18bn foreign takeover bid for Origin Energy has shown why the energy giant should be worth more to the right local buyer than the $9 offer price accepted by the board.
If you look at the fine print at the back of their official reports and crunch the numbers you’ll see how banks have been boosting their profits and screwing depositors.
American investors seem determined to be bullish despite the prospect of a paralysed hyper-left wing presidency after the US mid-term elections.
Despite the completely over-the-top hysteria over ‘plunging prices’, the vast majority of property owners are still sitting on huge, tax-free, capital gains.
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.
Next week’s federal budget is being held hostage by an incompetent and dictatorial Victorian premier, writes Terry McCrann.
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.
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.
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.
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.
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.
Original URL: https://www.dailytelegraph.com.au/business/terry-mccrann/page/78