Jim’s absurd real wage claim
Treasurer Jim Chalmers’ claims about real wage increases show he needs some serious lessons in primary school arithmetic.
Terry McCrann
Why Bullock had a hike option
Did Reserve Bank Governor Michele Bullock really, seriously, contemplate leading her board to deliver a rate hike, at the RBA’s first meeting back for the year, two weeks ago?
ANZ win damns ACCC
The Australian Competition Tribunal’s approval of ANZ’s takeover of Suncorp proves the ACCC hasn’t a clue about the legislation it is charged with enforcing.
Stokes delivers a bidding masterclass
Billionaire Kerry Stokes and his son Ryan have delivered a masterclass in ‘patience and persistence’ in their mop-up bid for the remaining stake in construction materials company Boral.
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One pause does not end rate hikes
June quarter inflation data and the appointment of RBA governor Philip Lowe’s successor are the keys to Australia’s interest rate future.
RBA likely to press pause as Lowe’s reign nears the end
For the third month in a row the Reserve Bank board will again be asked to choose between hiking by 25 points or pausing.
We should all be afraid if Lowe’s RBA term not extended
Who do you really want running the RBA, making tough interest rate decisions – an independent governor and board or a treasurer focused on the ‘soft option’?
Telstra/TPG knockback leaves mobile mess
Anything that makes Telstra stronger has to hurt its competitors and competition – that’s essentially the logic behind blocking its deal with TPG. But the decision has left a mess.
Significant RBA shift revealed
The RBA’s June policy meeting minutes have revealed an important shift in the way Governor Phil Lowe and his board operate their interest rate decision making process.
The real truth about RBA rate rises
In reality only a very small proportion of home loan borrowers have had their cash flow and savings devastated by RBA rate rises.
Why the ‘badder’ the news, the ‘gooder’ it is for Wall St
There’s a sort of weird, hyper-nervous optimism on Wall St and it’s all about guessing when the Fed will stop lifting rates, and then switch to cuts.
Why it’s time for a wages-rates accord
A recession could be just around the corner, so it’s time for our leaders to take some tough decisions.
Why six missing words spell pain
The RBA should have been emboldened to go harder this time around, to avoid more pain down the track.
Why the RBA has no option but to hike rates
Last week’s national wage decision takes us to the threshold of locking in a wage-price spiral and leaves the Reserve Bank zero choice but to hike rates again.
Original URL: https://www.themercury.com.au/business/terry-mccrann/page/20