Rate Hike? It’s Bullock and board
Read between the lines – it would take a seriously high CPI number to bring a rate hike onto the agenda on Cup Day.
Terry McCrann
Woke BHP’s $600m coal gift to Whitehaven
Whitehaven Coal shares rallied more than 10 per cent after investors quickly realised that the miner had scored a coup courtesy of BHP’s woke board.
Bullock is not itching to hike
Relax – new RBA governor Michelle Bullock is not looking for any excuse under the sun to raise rates.
Directors should pick up Voice bill
Company directors who poured shareholder funds into the failed ‘Yes’ campaign should dip into their own pockets to cover the costs.
More Stories
Why the nation pivots on China not the jobs summit
What happens to coal and iron ore prices through 2023 is far more significant to the nation and every single Australian than anything discussed at the PM’s big jobs summit this week.
Fed barking at markets without biting
The rest of everyone’s investment future started early Saturday morning our time with the speech from Fed head Jerome Powell that sent Wall St plunging.
Qantas numbers a tribute to CEO Joyce
The Qantas annual report and what CEO Alan Joyce has planned for the Covid recovery period and into the 2030s are a resounding rebuttal of those who have been calling for his scalp.
Coles sends a huge inflation warning
The latest Coles results confirm the great supermarket price-cutting era is well and truly over but what lies ahead is unknown. Are we in for a spike in inflation or will it become endemic?
Treasurer eyes super for ‘national building’
It may be too early to be alarmed but it appears Treasurer Jim Chalmers has got his eye firmly on the $3 trillion-plus Australians have sitting in superannuation.
Chinese casino high rollers are not coming back
China’s zero-Covid policy has made it all-but impossible for its high-rollers to visit our casinos and frosty relations between the two countries means they are unlikely to come any time soon.
First timers need a leg up the property ladder
First home buyers, usually to be owner-occupiers, are around 10-15 per cent of buyers. It is this group, and only those who bought over the past two years, that face the prospect of real pain.
Jobs and wages: What’s really happening?
The Australian Bureau of Statistics ‘estimates’ that Australia’s unemployment rate has fallen to 3.4 per cent but really it is just a ‘guess’ based on a survey of 50,000 people.
Real wage plunge poser for jobs summit
The upcoming jobs summit is shaping up to be a complete waste of time as inflation heads to at least 8 per cent by the end of the year and real wages fall even further behind.
How one BHP equals four big banks
Australia’s biggest and most globally significant company, BHP, has for the second time made a profit equal to that of all four big banks combined.
Original URL: https://www.themercury.com.au/business/terry-mccrann/page/34