Billions being blown on energy insanity
The federal government is going all-in on energy insanity, and it’s us, the taxpayers, who are going to pay.
Terry McCrann
Winning bet: Packer’s $5bn Crown coup
By selling Crown at exactly the right time and at a spectacularly high price, James Packer has ‘made’ at least $5bn and possibly as much as $7bn.
New RBA governor goes hawkish
Has Treasurer Jim Chalmers actually got himself – and the rest of us – a more hawkish Reserve Bank governor in Michele Bullock than her predecessor Philip Lowe?
Optus debacle: why the CEO had to go
The Optus chief executive had to go. But not for the reasons you probably think.
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Whoops! Experts way off with their economic forecasts
Beware of experts and their way-off predictions. Australia’s property prices have not been devastated in 2022 and the sharemarket is down just under four per cent.
Rudd and Wong: The earth is moving
PM Anthony Albanese has put the ‘old team’ back together with Penny Wong in Beijing and Kevin Rudd heading for Washington.
Lowe faces February rate hike uncertainty
Right now RBA governor Philip Lowe will be hoping that his choice at the next board meeting in February is between either no change or a 25 basis point rate hike. But it could be higher.
Future Fund flags rocky road ahead for investors
The boss of the Future Fund has given investors a glimpse into the future and the road ahead could be a rocky, rough and potentially painful one.
Are we now up for February ‘surprises’?
Now we start the long wait until the next interest rate move, after the Fed gently hit the brakes.
The Fed could deliver a golden 2023
The dramatic drop in US inflation has changed the playing field. So what will Fed chair Jerome Powell do?
Forget the $275, worry about the lights
The government’s promise of a power price cut for households is a fantasy.
Coal, gas plan merges stupidity and lunacy
The Albanese-Bowen-Chalmers plan to cap the prices of coal and gas – and hopefully, very hopefully, your electricity bill – is short-term stupidity wrapped up within long-term lunacy.
Whitlam-flavoured coal plan won’t work
Despite trainee treasurer Jim Chalmers’ slavish adoration of Paul Keating, the Albanese government is shaping up far more like a replay of Whitlam than of Hawke-Keating.
GDP signals that the RBA ain’t done yet
The good news in the GDP figures was also the bad news. That is to say, bad news for borrowers.
Original URL: https://www.themercury.com.au/business/terry-mccrann/page/29