What future is BHP facing?
BHP’s ‘future-facing’ ambitions have now been shredded, and dumped into the dustbin of history, thanks to brutal contemporary reality.
Terry McCrann
Big messages in CBA’s figures
The Commonwealth Bank result is the most comprehensive and most up-to-date microcosm of Australians and Australia overall.
Why tax, IR changes will hit middle Australia
The government’s tax and industrial relations changes are going to hit the group of Australians they are supposed to be directly helping. Here’s how.
JB Hi-Fi passes the vibe test
JB Hi-Fi reported a most uncharacteristic fall in sales and a quite thumping fall in profit; and investors promptly sent the share price rocketing to an all-time high.
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Albanese looks like Whitlam 2.0
It’s taken 48 years, but we’ve finally got a fully fledged Whitlam government version 2.0.
The RBA must hike and hope
RBA governor Phil Lowe and his board really have no option but to hike rates again next Tuesday and then spend June assessing whether the economy has hit the wall.
Asleep at the wheel: AUSTRAC’s stunning record of failure
Crown Casino was able to breach anti-money laundering laws because regulator AUSTRAC was asleep at the wheel and out to lunch for more than 20 years.
PwC scandal gets messier and murkier
Acting PwC Australia CEO Kristin Stubbins has thrown ‘former’ PwC partner Peter Collins under the proverbial bus – and then reversed back over him.
Why is ‘free’ power so costly?
Australia’s rising electricity prices have exposed ‘free’ wind and solar as a costly illusion.
Will China’s economic lifeline save Australia for a third time?
China has rescued Australian budgets – state and federal – from extreme red ink, twice in barely a decade. Will it do it a third time?
Victoria and WA: Why they’re fiscal hell and heaven
WA is in the black because and only because of the massive royalties from iron ore exports and cheap gas greedily fed into the state economy.
PwC scandal: It’s time to ditch consultants and company tax
Two much bigger, far wider and far more fundamental points have got lost in the understandable furore over the PwC tax scandal.
Jobs still hot so rates must rise
The most extraordinary feature in the latest jobs data is that demand for workers has been so hot and that will lock in another interest rate rise.
Uh-oh! Rising wages could push interest rates higher
Phil Lowe and everyone with a home loan should be alarmed. The latest wages data suggests that the RBA is unlikely to pause interest rates again in June.
Original URL: https://www.themercury.com.au/business/terry-mccrann/page/21