Hike on hold as labour market teeters
The RBA’s next move appears all but certain, but the latest jobless data shows how keeping a lid on both inflation and layoffs remains a delicate balancing act.
The RBA’s next move appears all but certain, but the latest jobless data shows how keeping a lid on both inflation and layoffs remains a delicate balancing act.
The CFMEU crisis is the latest in a long line of Labor failings that has left ordinary Australians short-changed.
Rio’s decision to build another iron ore mine in Guinea – to compete directly with its mines in the Pilbara – is shaping up as another risky move.
Sir Roderick Carnegie came to the top job at mining group CRA exactly as Australia began to change so dramatically in the 1970s and he both rode and helped mould that change.
Olivia Wirth’s appointment as the new boss of Myer comes amid a leadership shake-up that underlines the influence of major shareholder Solomon Lew.
Bitcoin hit a new record recently, which just goes to prove how detached the price is from anything approaching common sense.
The GST was supposed to have been about tax reform. It quickly became a grubby combination of bureaucratic meddling and self-interested political machination.
The Albanese-Chalmers-Bowen government’s so-called ‘Fuel Efficiency Standard’ is a classic example of Orwellian Newspeak that has nothing to do with real fuel efficiency.
There were two explosive time bombs ticking away in the detail of the GDP numbers, and they threaten to put the RBA in an impossible position.
The latest GDP figures paint a picture of an economy that is sick, seriously sick. And if you look deeper, the problems are even worse than they seem.
The NBN plan to quintuple broadband speeds is a further validation of the Abbott government’s ditching of Kevin Rudd’s all-fibre fantasy.
Facebook, Google and other ‘big tech’ must be made to operate in accordance with the same laws that every other company and Australian adult has to.
The ludicrously named Australian Energy Regulator and the Australian Energy Market Operator have been exposed as compromising their obligations.
The latest inflation data has left the RBA with only one real option at its next meeting. It won’t seriously consider a hike, but nor are cuts on the horizon.
Original URL: https://www.heraldsun.com.au/business/terry-mccrann/page/7