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Terry McCrann

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Terry McCrann
People pass by the exterior of New York Stock Exchange (NYSE) on November 4, 2020 in New York. - Wall Street stocks were in rally mode Wednesday, shrugging off uncertainty over the still-unresolved presidential election and the likelihood of divided government in Washington.The Dow Jones Industrial Average was up 2.0 percent, or about 560 points, at 28,041.28 at around 1530 GMT, (Photo by Kena Betancur / AFP)

World’s risky one-way bet

The people who govern us – both the politicians and the central bankers – are making a universal one-way bet. Here’s why it’s disturbing and very dangerous.

Business
Ethernet data cables are seen in a server room in Canberra, Tuesday, May 3, 2016. (AAP Image/Mick Tsikas) NO ARCHIVING

Why the NBN must not be sold off

Any suggestion the NBN should be privatised is simply madness. It must stay in public hands, and to do otherwise would be vandalism on a national scale, writes Terry McCrann.

Business
Young single man buying groceries at the supermarket reading the label of a product looking very happy and smiling

Why CPI inflation figures are a nonsense

Official figures tell us inflation is all-but non-existent, but in the real world — especially for one big group of Australians — nothing could be further from the truth, says Terry McCrann.

Terry McCrann
Composite image of Australia's 'big four' banks ANZ, Westpac, the Commonwealth Bank and the National Australia Bank. (AAP Image)

Big banks had a pretty good year

The big profit plunges reported by the big four banks do not give an accurate guide to how they actually performed through the year — they’ve come through the pandemic pretty well, writes Terry McCrann.

Original URL: https://www.heraldsun.com.au/business/terry-mccrann/page/74