Your investment future pivots on 4am Thursday
US Fed Reserve head Jerome Powell will announce another official interest rate hike at 4am on Thursday and it will have an immediate impact on global financial markets.
US Fed Reserve head Jerome Powell will announce another official interest rate hike at 4am on Thursday and it will have an immediate impact on global financial markets.
Even if house prices have fallen 15 per cent since the RBA started its latest round of rate rises, the vast majority of homeowners are sitting on huge tax-free gains over the past 10 years.
The time is right for a department store merger between the revitalised Myer and its struggling rival, David Jones.
Wall Street made a $US2 trillion ($3 trillion) bet on the US inflation numbers. And lost.
The Melbourne-Sydney route – the third busiest in the entire world, when of course the planes are flying – is absolutely pivotal to the survival of Virgin 2.0, writes Terry McCrann.
The administrators of failed airline Virgin have finally revealed the most closely guarded secret in downunder business, and it’s not good news for everybody, writes Terry McCrann.
BHP and Rio are bigger and older, but only Andrew Forrest’s Fortescue, with its lower-grade ore, has turned this time of recession into a handsome profit, writes Terry McCrann.
One single American company is now worth 50 per cent more than the entire value of all the shares of all the companies listed on our market, proving our future belongs to tech, writes Terry McCrann.
Alan Joyce and the Qantas frequent flyer program are the reason the airline will thrive and make the future of a rebooted Virgin Australia questionable, writes Terry McCrann.
Our four big banks are so similar. They have the same business profiles. They charge (and pay) the same interest rates. And they make the same mistakes, writes Terry McCrann.
BHP’s results have been shaped completely by the forces unleashed by the coronavirus and the mandatory government-ordered lockdowns, writes Terry McCrann.
Virgin Australia’s administrator has let slip in court that the airline’s sale is a done deal and can’t be undone. So it beggars belief he won’t reveal the details, writes Terry McCrann.
Many Australians have cut their superannuation balance down to zero and will essentially never get anywhere near a balance sufficient to replace the pension. Now the Prime Minister is hinting at stopping contributions at 9.5 per cent, so it’s time for us to have a real discussion about our super system, writes Terry McCrann.
The Victorian government said the state was heading for 20,000 new coronavirus cases a day — far more than than the peak of 1100 forecast in other modelling. So who to believe, asks Terry McCrann.
Original URL: https://www.dailytelegraph.com.au/business/terry-mccrann/page/81