Don’t spend Jim’s rate cut just yet
Watch out for all the spin in Tuesday’s federal budget. The future remains uncertain and Jim Chalmers won’t be `delivering it’.
Watch out for all the spin in Tuesday’s federal budget. The future remains uncertain and Jim Chalmers won’t be `delivering it’.
Federal Labor will be spending it up big in Victoria with an eye to the next election.
The Victorian state budget is an instructive – and ominous – pointer to the bigger one out of Canberra next week.
Michele Bullock is keeping her cards close to her chest ahead of key inflation data which will decide the RBA’s next move.
Failing to back Star’s recent capital raise has turned out to be a winning strategy for the retail shareholders who passed on the ‘opportunity’.
The RBA should ignore Treasurer Jim Chalmers’ bully boy tactics, and must deliver what’s best for the economy when it meets on Cup Day.
The US Fed’s rates decision is the real factor in how their economy, and by extension ours and our interest rates, will perform.
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.
Original URL: https://www.themercury.com.au/business/terry-mccrann/page/13