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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.

Terry McCrann

Latest

Business

Alan Joyce, chief executive officer of Qantas Airways Ltd., speaks during a news conference in Sydney, Australia, on Thursday, Feb. 23, 2023. Qantas shares fell the most in almost eight months as the airline flagged higher-than-expected spending on planes in an an immediate attempt to cope with the rapid rebound in passenger growth. Photographer: Brendon Thorne/Bloomberg via Getty Images

Joyce gets a bum rap again

Former Qantas boss Alan Joyce has had his pay docked for some of his actions during Covid, but what about the politicians who caused far greater destruction?

Business

BRISBANE, AUSTRALIA - NewsWire Photos - AUGUST 6, 2024. Federal Treasurer Jim Chalmers during a press conference regarding the RBAâs decision to leave interest rates on hold.Picture: Dan Peled / NewsWire

Power rebate ‘gift’ keeps giving

Treasurer Jim Chalmers decided to fiddle down inflation with his $300 energy rebate, but problems are looming as price pressures persist.

Business

Why didn’t the RBA hike?

If the RBA believed its own numbers it should have increased official interest rates. So what’s going on?

Business

WASHINGTON, DC - JULY 31: Federal Reserve Chairman Jerome Powell takes a question from a reporter at a news conference following a Federal Open Market Committee meeting at the William McChesney Martin Jr. Federal Reserve Board Building on July 31, 2024 in Washington, DC. Powell spoke to members of the media after the Federal Reserve held short-term interest rates where they are with broad expectations that the rate with drop in September. Andrew Harnik/Getty Images/AFP (Photo by Andrew Harnik / GETTY IMAGES NORTH AMERICA / Getty Images via AFP)

Is Jerome wearing rose-coloured glasses?

The Federal Reserve has put a rate cut on the table, but can the US really manage a Goldilocks world of low rates and a strong low-inflation economy?

Business

SYDNEY, AUSTRALIA - NewsWire Photos JUNE 18, 2024: Reserve Bank Governor Michele Bullock during a press conference following Tuesdays decision to keep interest rates on hold. Picture: NewsWire / Nikki Short

Only one option for RBA

Wednesday’s inflation data has left the RBA with some thinking to do ahead of next week’s meeting, but for me the decision is clear.

Business

Adelaide, Australia - REX (Regional Express Airlines) Saab 340 twin engined regional commuter aircraft taking off from Adelaide Airport.Escape 15 October 2023Doc HolidayPhoto - iStock

Rex is no Bonza: yet

Can Rex be saved? Or is going to follow Bonza onto the – pretty crowded – scrap heap of Australian aviation dreams?

Business

(FILES) (FILES) The Nvidia headquarters on May 21, 2024 in Santa Clara, California. The torrid rally in Nvidia and other artificial intelligence-linked equities took a pause June 20, 2024, leaving the tech-centered Nasdaq lower following seven straight records. Both the Nasdaq and the S&P 500 retreated from records, while the Dow pushed higher following an up session on European bourses. (Photo by JUSTIN SULLIVAN / GETTY IMAGES NORTH AMERICA / AFP)

What’s next for ‘Magnificent Seven’?

The ‘Magnificent Seven’ super-stocks have surged on the back of the AI frenzy, but what’s next for America’s tech giants?

Business

CANBERRA, Australia - NewsWire Photos - July 17, 2024: Minister for Climate Change and Energy, Chris Bowen addresses the National Press Club of Australia in Canberra. Picture: NewsWire / Martin Ollman

How ‘free’ power is so expensive

Can Australia survive the Albanese Labor government’s minister for destroying our electricity system Chris Bowen?

Business

Rio Tinto iron ore chief executive Simon Trott at the Rhodes Ridge iron ore deposit in WA's Pilbara region. Picture: supplied by Rio Tinto.

Rio boasts, but what about the planet?

Rio Tinto has been talking up the 4 billion tonnes of iron ore it’s shipped to China, but has the miner forgotten about its commitment to saving the planet?

Terry McCrann

GRAND RAPIDS, MICHIGAN - JULY 20: Republican Presidential nominee former President Donald J. Trump holds his first public campaign rally with his running mate, Republican Vice Presidential nominee U.S. Senator J.D. Vance (R-OH) (not pictured), at the Van Andel Arena on July 20, 2024 in Grand Rapids, Michigan. This is also Trump's first public rally since he was shot in the ear during an assassination attempt in Pennsylvania on July 13. Photo by Bill Pugliano/Getty Images) (Photo by BILL PUGLIANO / GETTY IMAGES NORTH AMERICA / Getty Images via AFP)

McCrann: Fed not Trump or Harris will drive our financial future

Our financial and economic future does not hang on who lands in the White House but rather by the decisions made by the Federal Reserve.

Original URL: https://www.heraldsun.com.au/journalists/terry-mccrann/page/2