‘Latest’ jobs data is already hopelessly out of date
The ‘latest’ jobs data released by the ABS is five or six weeks old and tells us about a time that has already disappeared into the dustbin of history.
The ‘latest’ jobs data released by the ABS is five or six weeks old and tells us about a time that has already disappeared into the dustbin of history.
The federal government’s Soviet-style attempt to control both the price and supply of gas will have seriously damaging impacts way beyond the immediate pain imposed on consumers and businesses.
With a trainee treasurer and a PM who hasn’t a clue about the most basic interest rate in the economy, it’s no surprise that the government’s scheme to cap gas prices is such a mess.
How investors react to interest rate decisions and inflation data in the first week of February will determine market dynamics for the rest of the year.
Why would anyone even think about going to a former leader for unconflicted sage advice?
It might seem as if we are starting 2021 pretty much where we started 2020 but the big uncertainty this year is whether the vaccine will allow us to go back to a fully-functioning economy.
Ultimately, what’s more important for our economy is the two Vs: the virus and the vaccine.
A permanent increase in JobSeeker is important, but there’s more to do for wannabe-PM Josh Frydenberg in 2021.
We are not going back to the jobs reality of late-2019 anytime soon or indeed if ever.
Investments, jobs, business survival and economic success in 2021 all depend on the successful rollout of the coronavirus vaccines.
If ever there was a year for burying the practice of forecasting what is in store for the new year, 2020 is it.
Could we have done better? On the quarantine alone, obviously, but let’s look at the positives.
A report we’re not allowed to see utterly damns the government and Australia Post’s board and chairman, writes Terry McCrann.
On what planet in which solar system – ours or in a galaxy, far, far away – could China be considered a Climate Change Hero?
Original URL: https://www.heraldsun.com.au/business/terry-mccrann/page/71