The beast that’s Transurban
Love it or hate it, Transurban keeps Australia’s three largest cities moving, while its tidy business model continues to deliver for investors.
Love it or hate it, Transurban keeps Australia’s three largest cities moving, while its tidy business model continues to deliver for investors.
Five months into the job and Michele Bullock is proving to be a formidable RBA governor who’s in complete control.
Wage increases for wharfies and construction workers have left the RBA feeling cautious about its next move as the threat of inflation lingers.
So now we get the truth, Treasury really was off on a frolic all of its own, in coming up with the Chalmers and Albo’s plan to break the Stage 3 tax cut promise.
The Reserve Bank board has done a U-turn and is now suggesting productivity could stay weak and interest rates continue to climb and stay higher for longer.
The tax scandal at PricewaterhouseCoopers raises a complex range of serious issues, which are not going to even be addressed far less resolved anytime soon – if indeed, anytime ever.
The great takeaway from the budget is Australia is arguably the luckiest in the world but we seem intent on destroying that luck.
Treasurer Jim Chalmers is right about his budget not being inflationary – but that doesn’t mean rates won’t go up further.
Jim Chalmers has unveiled the bottom line black ink that has eluded all treasurers, Labor and Coalition alike, since Costello. So how did he weave his fiscal magic?
There’s an easy, and obvious way to lower energy prices and it doesn’t require fiscal sleight of hand.
Treasurer Jim Chalmers’ upcoming Budget will be a big spending affair which will tie us into commitments which last for decades.
Politicians could never be trusted to do what’s right, as opposed to what’s popular, when it comes to interest rates, as Dan Andrews and Chris Minns clearly demonstrate.
The effects of this unexpected rate hike will reverberate through the economy.
The sheer practical day-to-day impossibility of moving to wind and solar as the basis for our electricity grid was captured in one day’s experience in the UK last week.
Original URL: https://www.themercury.com.au/business/terry-mccrann/page/22