Crown and chairman to save Star’s licence
Star needs to do whatever is necessary to keep its NSW and Queensland casino licences. Fortunately, Crown has already shown it how to do that.
Star needs to do whatever is necessary to keep its NSW and Queensland casino licences. Fortunately, Crown has already shown it how to do that.
The attacks on Qantas and its CEO Alan Joyce have ranged from the viciously unfair to the just plain embarrassingly silly.
Reserve Bank governor Philip Lowe has laid out very precisely what he and his board plan to do about interest rates.
GDP figures don’t tell the real story of the Australian economy.
ABS data says the jobless rate was just 7.5 per cent in the first two weeks of July; Roy Morgan’s figure was 12.5 per cent through July. But the real figure was actually closer to 16.5 per cent, writes Terry McCrann.
Right now Australia’s Commonwealth Bank is quite probably the most profitable big bank in the entire world. Terry McCrann explains why.
Queensland billionaire Clive Palmer has sued the WA Government for a purported $28bn. In an outrageous abuse of power, its response is to legislate to prohibit him from winning, writes Terry McCrann.
Treasury forecasts Victoria’s Lockdown 3.0 will on its own drag Australia’s economy deeper into recession through the September quarter, writes Terry McCrann.
The little matter of some $6.8bn of debt that gets ‘vanished’ is a rather important item that was missing from the outline of the fantastic Virgin 2.0 and its glorious future that will emerge from the ashes of Virgin 1.0, writes Terry McCrann.
The Reserve Bank is providing the foundation of stability that is so crucial at this time of plague, economic devastation and just general fear and uncertainty, writes Terry McCrann.
Australia will get a positive GDP growth number for the September quarter, but the size is dependent on NSW not heading down Victoria’s path of recession, writes Terry McCrann.
Dan Andrews’ ban on hydroxychloroquine is nonsensical and reeks of anti-Trump behaviour, writes Terry McCrann.
Most economists in their mindlessness see negative inflation – falling prices – as a bad thing. But the last thing jobless workers and battered businesses need right now are price rises, writes Terry McCrann.
Victoria’s handling of the coronavirus pandemic is bordering on criminally negligent and the economic impact has started flowing across the border into the other states, writes Terry McCrann.
Original URL: https://www.dailytelegraph.com.au/business/terry-mccrann/page/82