Qantas right to fight ACCC
Qantas has entirely plausible explanations for the so-called ‘ghost flights’ it’s being pilloried for, and the ACCC should stand down.
Qantas has entirely plausible explanations for the so-called ‘ghost flights’ it’s being pilloried for, and the ACCC should stand down.
A lot can happen between now and Melbourne Cup Day, but as it stands there’s little reason for another RBA rate hike.
Inflation kicked higher in the September quarter but not to a level which would demand a rate hike by RBA governor Michele Bullock and her board on Melbourne Cup day.
A bad CPI could trigger another RBA rate rise but that’s nothing when compared with the effect of rising government bond yields.
The ANZ board should review its understanding of its most basic obligation to shareholders after the bank was found guilty of breaching continuous disclosure rules.
Read between the lines – it would take a seriously high CPI number to bring a rate hike onto the agenda on Cup Day.
Whitehaven Coal shares rallied more than 10 per cent after investors quickly realised that the miner had scored a coup courtesy of BHP’s woke board.
Relax – new RBA governor Michelle Bullock is not looking for any excuse under the sun to raise rates.
Company directors who poured shareholder funds into the failed ‘Yes’ campaign should dip into their own pockets to cover the costs.
Ex-RBA head Ian Macfarlane has kept up his public attack on proposed changes to the central bank which he says will ‘seriously weaken’ the ability of the current governor to do her job.
Original URL: https://www.heraldsun.com.au/journalists/terry-mccrann/page/13