Budget’s $200bn, two-year windfall
Treasurer Jim Chalmers has ridden an extraordinary, unprecedented and also totally unpredicted $200bn two-year revenue surge.
Terry McCrann
Why US rate cuts are more likely
Even though our Cup Day rate hike was a mistake, the US is likely to beat us to the next move – which will be down.
The huge hole in our new immigration plan
Infrastructure Australia has exposed the huge hole in the government’s immigration plan, which puts the interests of most Australians last.
The Ponzi stays in place
How can anyone trust anything this government and these two ministers in particular say – far less, actually do – about immigration?
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Banks lays out our path to poverty
Australia is headed towards a poorer future as Productivity Commission head Gary Banks laments, by eliminating our energy advantage and reviving our traditional labour disadvantage.
Why Chalmers is the biggest casualty of super debacle
OPINION: We need a treasurer on top of his game, confident, assertive and both respected and dominant in cabinet … instead we’ve got Jim Chalmers.
How Chalmers went from trainee to trainwreck treasurer
Treasurer Jim Chalmers has set a new low in fiscal foolishness and left the door open that Labor might come after your super, capital gains, franking credits and negative gearing.
Household savings fall shows we are nearing key pivot point
The best pointer to what lies ahead for the economy through 2023 and into 2024 is not the latest GDP figures but the continued fall in household savings.
What’s the next target? Taxing expensive homes?
Now that the PM and Treasurer are going after super, what’s to stop them from slapping capital gains tax on the sale of ‘expensive’ family homes?
Monumental stupidity: Why super cap plan will backfire
Albo and Jimbo’s menacing proposal for a $3m super balance cap would almost certainly achieve the exact opposite of what they are seeking to do – ‘save’ tax dollars. Here’s why.
How inflation killed the Woolies and Coles win-win
For two decades the customers and shareholders of our two big supermarket giants enjoyed cheaper grocery prices and growing profits but that win-win came to a shuddering halt last year.
Jim replays Julia and plans super hit in May
Before the election, both the PM and Treasurer said they wouldn’t touch superannuation, but that was false and now we’re looking at changes as soon as the budget in May.
‘Explosive’ move: BHP goes on sovereign risk investment strike
Australia’s biggest mining giant has suspended new investment in its coal mines in both Queensland and NSW and it has nothing to do with climate change or demand.
Oh dear! Chalmers is coming for your super
Jim Chalmers’ superannuation reforms are not just opening the door to government and regulatory direction and manipulation – but ripping the door entirely off its hinges.
Original URL: https://www.themercury.com.au/business/terry-mccrann/page/26