Why 50 points now means less pain later
Domestic issues are starting to play a bigger part in the inflation calculation, but the RBA still needs to be decisive.
Domestic issues are starting to play a bigger part in the inflation calculation, but the RBA still needs to be decisive.
Looking at the numbers, the RBA should go back to a 50-point rate rise but as inflation came under its November forecast, it’s likely the governor won’t go that hard.
Myer is roaring back to life, and there’s much to learn from the strategy of its boss and that of fellow traveller JB Hi-Fi.
David Hains was a billionaire of the old school – eschewing the limelight and fads for a more fundamental view of the world.
The investigation into the most infamous Cartier watches in Australia’s history makes it clear where the actual failures were, says Terry McCrann.
The keeper of the nation’s monetary cellar has promised to keep topping up the proverbial financial punchbowl, says Terry McCrann.
Gamestop is not a game-changer — even on Wall Street and certainly not downunder where there’s virtually zero prospect of it being replicated, says Terry McCrann.
Some sort of transaction around Tabcorp now seems certain but any proposal has to be a premium to the current market price.
The RBA did exactly what it needed to do and kept interest rates on hold but there are big challenges on the horizon.
Short-selling is quite simply a disgrace. It is the exact opposite of a fair and efficient market and must be ended in Australia pretty damn quickly.
For the first time in my 50 years or so in and around financial markets, we’ve seen “outsiders” quite deliberately take on Wall St “insiders” – and even more, take them on at their own game.
Perhaps the best way to see the ‘counter-shorting’ is as a new form of crowd-funding.
The majority of Australians probably have no idea which prime minister locked in January 26 as a national day of celebration.
Getting Google to pay something for the content it currently steals from media groups is an issue of national importance. Australia can’t afford to lose the battle.
Original URL: https://www.heraldsun.com.au/business/terry-mccrann/page/70