Power regulators betray all of us
The ludicrously named Australian Energy Regulator and the Australian Energy Market Operator have been exposed as compromising their obligations.
Terry McCrann
Only one real option for RBA
The latest inflation data has left the RBA with only one real option at its next meeting. It won’t seriously consider a hike, but nor are cuts on the horizon.
Big two do a super job
Those laying into our supermarket operators would do well to consider the other options. North Korea anyone?
Ecstasy could turn to agony for iron ore giants
Australia’s three resources giants generated $55bn in profit from digging up and shipping off iron ore, mostly to China, which is why the corporate ecstasy could turn to agony.
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It’s the ‘Big Build’, stupid
The Comm Games economic and reputational catastrophe shows Victoria urgently needs a comprehensive and independent audit of its infrastructure spending and financial position.
Oh dear! We’ll all pay for Victoria’s Comm Games disaster
Victoria reneging on the Commonwealth Games is utterly humiliating for Chairman Dan and now all Australians will be picking up their share of the state’s financial woes.
Chalmers channelled Costello with RBA pick
Anthony Albanese and Treasurer Jim Chalmers had every right to choose the next RBA governor – but they also carry the can for that choice.
Soap opera ends with right RBA choice
In the absence of extending Philip Lowe’s term, appointing Michele Bullock as the next RBA governor is the optimum outcome as it provides monetary policy continuity.
US inflation fall good news for everyone
With inflation cooling, the US may just have pulled off the much-desired economic ‘soft landing’ but it is a very different situation in Australia.
C’mon Jim, end the RBA charade now
Treasurer Jim Chalmers has made an extended soap opera out of the appointment of the next RBA governor which has been grossly disrespectful to Philip Lowe.
How Austrac’s utter failure reaped it billions
Money laundering regulator Austrac has been able to turn utter incompetence and breathtaking failure into a multibillion-dollar penalty franchise.
Goodbye Lowe: New RBA governor within days
The PM and Treasurer will announce the next RBA governor this week and I can confidently share it won’t be Philip Lowe nor our current ‘minister for energy idiocy’.
How inflation could change the future
For many years we got to have our cake and eat it too but maybe we have entered a new reality with sustained 4-5 per cent inflation and an RBA cash rate around 4 per cent.
Two women in running for RBA’s top job
Treasurer Jim Chalmers has made no public statement that he will replace Philip Lowe as RBA governor but privately six names have been tossed around about who could fill his shoes.
Original URL: https://www.themercury.com.au/business/terry-mccrann/page/19