Why the Fed will deliver on rate cuts
The Fed may have caught some by surprise with its cautious approach, but there’s only one way rates are heading in the US, and the RBA should follow its lead.
Terry McCrann
Inflation figures demand a rate cut
We really should get a rate cut next week based on the new inflation figures, which highlight the folly of the Melbourne Cup day hike.
Spending plunge screams recession
The collapse in retail spending proves Australia’s economy is teetering on the edge of a recession, and it’s time for the RBA to act.
McCrann: Cuts hit ‘rich’ on $190k plus
Don’t be fooled, the Albanese-Chalmers tax cuts for all Australians will actually mean a tax increase for five million taxpayers.
More Stories
Why Albanese’s migration review is utterly useless
The Albanese government’s migration report, like so many dozen of its predecessors, adds up to ‘four-fifths of five-eighths of a bucket of spit’. Here’s why.
‘Good enough’: RBA will pause again next week
After a ‘good enough’ fall in March quarter inflation, RBA governor Philip Lowe and his board are set to keep rates on hold at next week’s meeting.
ACCC’s meddling in Suncorp sale an outrageous overreach
The ACCC should stop attempting to broker and influence ANZ’s proposal to buy Suncorp and instead learn the laws it’s supposed to enforce.
RBA review failed dismally and spectacularly
Treasurer Jim Chalmers’ immediate and unqualified acceptance of all 51 recommendations contained in the RBA Review confirms again his unreadiness to shed his trainer wheels just yet.
Be afraid: ‘New’ RBA headed for disaster
The ‘accept’ a little higher inflation to avoid higher unemployment is the pathway to economic hell and it is where we could end up with the new RBA policy board.
Casinos lose gloss in post-Covid reality
Casinos used to be ‘licences to print money’ but they are no longer winners now that the Chinese high-rollers have gone and the fines are mounting for regulatory infractions.
Why China will be this year’s wildcard
The latest growth figures out of Beijing are rubbish but raise the very important question of whether a ‘China boom’ could be a wildcard for the global economy in 2024.
How Covid and voice trashed reason
There are disastrous consequences in allowing public policy to be driven by emotion over reason, by hysteria and “feel-good” vibes, over established understanding and knowledge.
There’s good news in US inflation and our jobs data
The latest US inflation data and our own March jobless numbers are important ‘good news’ pointers to the likely path of interest rates on both sides of the Pacific.
Critical countdowns to two Tuesdays in May
The March quarter inflation numbers due out later this month will go a long way to determining what happens to interest rates over the rest of the year.
Original URL: https://www.themercury.com.au/business/terry-mccrann/page/23