Two different futures face Tabcorp and Boral
Two of Australia’s biggest companies face vastly different futures. Tabcorp has kept its suitors at bay by unveiling its own demerger plans while Boral has lost its independence.
Terry McCrann
A nation at the Covid crossroads
Between Covid, the Australian economy and global markets, the next few days will prove pivotal.
Stokes wins control of Boral and its $3.6bn in excess capital
Kerry Stokes’ Seven Group has bought the right to control Boral’s decisions – including what the building products group does with $3.6bn in excess capital.
Some lockdowns are just embarrassing
The lockdown in NSW is serious and seriously disturbing. There are signs Premier Berejiklian is, for the first time, channelling her ‘inner Annastacia’.
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The levy that’s just not taxing enough
THE government appears to have either spectacularly over-estimated the amount it will raise from the bank levy or explicitly assumed the banks will pass the cost on to customers, writes Terry McCrann.
Early Reserve rate change unlikely
THE Reserve Bank doesn’t want to change its official interest rate any time soon — like, at least for the rest of the year, writes Terry McCrann.
The good news low wages growth story
WAGES growth has run at just under 2 per cent over the past 12 months. Indeed, it’s been running broadly around that rate for the past three years, writes Terry McCrann.
Back to the future: BHP’s or raiders?
ANDREW Mackenzie, the CEO of BHP Billiton — sorry, just the old-is-(belatedly)-new again BHP — has laid out a very clear choice for the company and its shareholders. Or has he, asks Terry McCrann.
Bank tax gives rise to three certainties
THERE are three absolutely iron-clad, undeniable truths about the bank tax — in addition to the most basic fact that it is a tax, writes Terry McCrann.
Welcome home to the big Aussie
MINING giant BHP is coming home to Australia and is back on track in both name and thinking after taking a left turn 15 years ago, writes Terry McCrann.
A tax you can bank on paying
AUSTRALIANS will pay most of the bank levy, either directly as customers of the bank, or indirectly through the charges of bank corporate customers, writes Terry McCrann.
Everyone loses with $6b bank tax
THE financial reality of the $6 billion bank tax is clear and totally undeniable — you will pay every cent of it, writes Terry McCrann.
It’s the tax that’s worse than herpes
THERE was a strong view in the Press Gallery on Budget night that the $6 billion bank tax was “all about Anna,” writes Terry McCrann.
Budget a dangerous disgrace
IT’S not the budget that should follow an election win. It’s not a budget from a Liberal treasurer. It’s not a budget for our volatile, unpredictable, times writes Terry McCrann.
Original URL: https://www.ntnews.com.au/business/terry-mccrann/page/149