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Terry McCrann
Terry McCrannBusiness commentator

Terry McCrann is a journalist of distinction, a multi-award winning commentator on business and the economy. For decades Terry has led coverage of finance news and the impact of economics on the nation, writing for the Herald Sun and News Corp publications and websites around Australia.

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Terry McCrann
National Australia Bank CEO Andrew Thorburn speaks during the House of Representatives Economic Committee inquiry at Parliament House in Canberra, Friday, October 20, 2017. (AAP Image/Lukas Coch) NO ARCHIVING

Bank on some big changes

LOCAL banks have to adjust to the impacts of the royal commission this year at the same time as they face revolutionary disruption, writes Terry McCrann.

Terry McCrann
23/08/2016: Caltex CEO Julian Segal photographed at their offices in Sydney on Tuesday. The company's earnings are out today amid questions about petrol margins. Hollie Adams/The Australian

Shared future of post and petrol

AUSTRALIA Post is getting out of the post business. Caltex, a company that was created with the one and only purpose of selling petrol down under, is getting out of the petrol business. Welcome to the 21st century, writes Terry McCrann.

Terry McCrann
Supplied pictures of Stevie Leigh Lane by Rio Tinto. Stevie Leigh Lane is the Pilbara mine worker and singer-songwriter who has caught the eye of Hollywood agents. Lane writes her songs while driving massive mine trucks for Rio Tinto. The miner will be using her music at the swish opening of it's indigenous art collection, which is coming up in Perth soon.

Iron a plus and shale pain in the…

THE two big differences between our two major resource groups are the dominance of fabulously profitable Pilbara iron ore in Rio’s profit and asset base and BHP’s great big lump of indigestible US oil and gas shale, writes Terry McCrann.

Terry McCrann
24/11/2017: Incoming Myer chairman Garry Hounsell after the Myer AGM at their Bourke Street store in Melbourne. Stuart McEvoy for The Australian.

Myer: Hounsell has to go. Now

IN the ongoing ever-spreading disaster that is Myer, there are two intriguing — on the surface small, but actually very important — puzzles that have gone seemingly unnoticed and certainly unremarked, writes Terry McCrann.

Terry McCrann
Reserve Bank of Australia governor Philip Lowe gestures during a parliament economics committee at the NSW State Parliament in Sydney, Friday, February 16, 2018. (AAP Image/David Moir) NO ARCHIVING

The correction we had to have

TRADING — across all markets and across all categories: shares, bonds and currencies — is going to have a volatile year; much more volatile than the one-way bet that 2017 was, writes Terry McCrann.

Terry McCrann
Myer Chief executive Richard Umbers at the doorstop of the Melbourne Myer store before an analyst briefing in Melbourne, Thursday September 14, 2017. (AAP Image/Tracey Nearmy) NO ARCHIVING

Chief gets booted, chairman to follow

THE future of what was once Australia’s dominant department store retailer and easily the most profitable among all major retailers is now, at best, unclear and very uncertain, writes Terry McCrann.

Terry McCrann
Victorian State Treasurer Tim Pallas addresses guests at a CEDA luncheon event in Melbourne, Tuesday, August 29, 2017. The keynote speaker gave an update on the developments of key government initiatives. (AAP Image/Joe Castro) NO ARCHIVING

Go after our $8bn, pollies

THE Liberals, Nationals and Greens must combine in the state Upper House to chase after the $8 billion of your money that Premier Daniel Andrews and Treasurer Tim Pallas seem happy to give to Transurban.

Original URL: https://www.heraldsun.com.au/journalists/terry-mccrann/page/121