Wages now key to rates outlook
The big question facing Australia and the US is whether low inflation can come quickly and obviously enough before big wage hikes threaten to lock in a wages, prices and rates spiral.
Terry McCrann
Will a second bidder step up for Origin?
An $18bn foreign takeover bid for Origin Energy has shown why the energy giant should be worth more to the right local buyer than the $9 offer price accepted by the board.
How banks have been screwing depositors
If you look at the fine print at the back of their official reports and crunch the numbers you’ll see how banks have been boosting their profits and screwing depositors.
Wall St’s surprise ride to the mid-terms
American investors seem determined to be bullish despite the prospect of a paralysed hyper-left wing presidency after the US mid-term elections.
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NBN and electricity journeys in lunacy
When it comes to the NBN, policy dictates we have to totally embrace the technology of the 21st century. Yet with electricity we are told we must go back to windmills or the sun. It’s time for some reality, writes Terry McCrann.
How Chairman Dan’s curfew call was utterly useless
Premier Daniel Andrews’ decision to remove the curfew restriction for Victorians was the single most useless thing he could change — with zero benefit to the virus fight or to jobs and the survival of tens of thousands of businesses, writes Terry McCrann.
Victorian premier holds budget and nation hostage
Next week’s federal budget is being held hostage by an incompetent and dictatorial Victorian premier, writes Terry McCrann.
The hidden risks in Frydenberg’s ‘reforms’
Treasurer Josh Frydenberg has unveiled two very big and significant moves aimed directly at helping the economy, small businesses and individuals get through the present crisis. But have not doubt there are some risks in these reforms, writes Terry McCrann.
Corporate cop’s big payday for failure
Both CBA and Westpac were caught cold breaking the law and the penalties were appropriate but why did nobody at Austrac even think of asking what was happening? Now it gets to “bury” its incompetence in multibillion-dollar settlements, writes Terry McCrann.
Why you shouldn’t bank on RBA cutting rates
Westpac’s chief economist Bill Evans has joined NAB’s Alan Oster in predicting a rate cut from the Reserve Bank at its next meeting Tuesday week. But there is no good reason for the RBA to make any cuts, writes Terry McCrann.
Australia’s governments must order us out of recession
Unless and until Victoria — one-quarter of the national economy, to say nothing of 6.5 million individuals — is released from home imprisonment, the national economy can’t get back to healthy activity, writes Terry McCrann.
NBNCo’s new competitive streak a win for all of us
The NBN has just come through the most extreme ‘stress test’ anyone could have been imagined and it came through spectacularly. And now customers are going to be the big winners, writes Terry McCrann.
How JobKeeper and JobSeeker saved us all
Harvey Norman’s results show JobKeeper and JobSeeker have worked spectacularly well. As taxpayer handouts are wound back, JobSeeker should not be cut to pre-virus rates, writes Terry McCrann.
Why nation’s economic fate hinges on Victoria
Thanks to Victoria’s Lockdown, one state is keeping both itself and the nation locked in the worst recession in nearly 100 years, writes Terry McCrann.
Original URL: https://www.heraldsun.com.au/business/terry-mccrann/page/78