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OpinionTerry McCrann
Gold Dinner 2019 Wentworth Courier

The great disruptor exits

In the 1990s John Symond took on the big banks — and won. Since then he has delivered tens of billions of dollars in savings to bank customers and around a billion to himself, writes Terry McCrann.

Terry McCrann
SYDNEY, AUSTRALIA - NewsWire Photos JULY 21. The Reserve Bank of Australia building in Martin Place, Sydney,Tuesday, July 21, 2020.Picture: NCA NewsWire / Jeremy Piper

Why Reserve Bank went zero-point-one

With the most widely anticipated Reserve Bank decision in years, and a strong rise overnight on a Wall St, our market has risen strongly — but it is headed for both immediate and longer-term volatility, writes Terry McCrann.

Terry McCrann
Deputy Governor of the Australian Reserve Bank (RBA) Guy Debelle reacts during a hearing of the House Economic Committee at Parliament House in Canberra, Friday, August 9, 2019. (AAP Image/Lukas Coch) NO ARCHIVING

No, the recession is not over

Despite the headlines you may have read this week, the whole country will still be in – yes, a milder – recession as we move into 2021. Terry McCrann explains why.

Terry McCrann
SYDNEY, AUSTRALIA - OCTOBER 28: A general view of the Australia Post Office in Bondi on October 28, 2020 in Sydney, Australia. An investigation has been launched by Prime Minister Scott Morrison into Australia Post after revelations by chief executive Christine Holgate during Senate estimates last week that the government-owned business had bought four Cartier watches worth almost $20,000. The watches were purchased as a bonus for senior Australia Post executives after finalising a deal with three of the major banks in 2018. (Photo by Ryan Pierse/Getty Images)

Australia Post chair digs his grave deeper

The chairman of Australia Post has zero understanding of the role and responsibilities of a board chairman, he has betrayed the corporation and its management and staff, and acted against the best interests of all Australians. So now he must go, writes Terry McCrann.

OPINIONTerry McCrann
Governor of the Reserve Bank of Australia (RBA) Phillip Lowe speaks to the media during a press conference in Sydney, Tuesday, April 21, 2020. (AAP Image/Joel Carrett) NO ARCHIVING

What you can expect from the RBA on Cup Day

Melbourne Cup Day used to be a popular day for the Reserve Bank to change interest rates and more often than not to raise them. But come this Cup Day it seems all-but certain to be trimmed — or slashed, Terry McCrann explains why.

Original URL: https://www.heraldsun.com.au/business/terry-mccrann/page/75