Why we won’t see a budget surplus again
Even in a perfect world Treasury is still tipping a budget deficit of at least $40bn in a decade’s time.
Terry McCrann
Wall Street provides timely reminder of reality
A sharp drop on Wall St should be a timely reminder to Australia that everything we do or try to do is ultimately hostage to the actions of three men who live far from our shores.
Treasury stuffs up, so why trust it now?
The only thing that can be said with absolute certainty about the federal budget is that every figure in it will be wrong. So why should we trust the numbers?
Eyes on poll day as cash splash keeps us in happy daze
In simple terms $104bn has dropped miraculously from a bright blue fiscal sky into Treasurer Josh Frydenberg’s lap – and he’s promptly gone out and spent $96bn of it.
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Clear fiscal view, but one huge unknown
TREASURER Scott Morrison has delivered the first “reality” Budget we’ve seen in years, but there is one big blind spot, writes Terry McCrann.
Our week of pure irony
FROM fast trains to higher taxes, it was a week of bitter irony after bitter irony, says Terry McCrann.
A million ain’t a million anymore
A million dollars has always been the great symbol of wealth, at least until now when it comes to retirement savings
False rap for Joyce over massive loss
ALAN Joyce has been getting a bum rap over Qantas’s massive $2.8 billion loss. It’s also quite wrong to see the loss as life-threatening for the airline.
Qantas will go broke if it keeps losing
ZERO in on one figure – $646 million. That’s what you can think of as Qantas’s “real” loss. Keep losing that every year and Qantas would go broke.
Original URL: https://www.ntnews.com.au/business/terry-mccrann/page/157