Inside the Macfarlane’s attack on RBA changes
Ex-RBA head Ian Macfarlane has kept up his public attack on proposed changes to the central bank which he says will ‘seriously weaken’ the ability of the current governor to do her job.
Terry McCrann
Goyder right to go, on his terms
Richard Goyder’s departure is a sensible balance of bending into the media-driven hysteria over Qantas and discharging his governance obligations.
Wall St says: Trust the Fed
The smartest guys in the Wall St room pondered long and deep and decided the Middle East ‘event’ over the weekend could only add to last Friday’s ‘good news’ jobs data.
Israel’s 9/11 will rock global investment markets
The Hamas attack has been described as Israel’s 9/11 and no-one can say how it is going to play out, except that for the global economy and investment markets it won’t end quickly or well.
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How Covid made us leaner and smarter
JB Hi-Fi and BlueScope Steel were forced to get leaner and meaner through the Covid years and both have produced surprising profit results.
‘Jobs Summit’ blowing in the wind
The outcome of the Labor government’s upcoming ‘Jobs Summit’ will likely sit somewhere between a bad idea and a simply pointless and irrelevant idea.
Markets surge on fake US inflation data
The latest US inflation numbers mean the Fed Reserve will almost certainly pull back from another 75-point rate hike at its next meeting in mid-September.
CBA emerges from Covid even more dominant
Banking giant CBA appears streets ahead of its rivals, emerging from Covid and into the new world of rising interest rates in an even more dominant position.
NAB results show why banks like rising rates
NAB’s latest results show that the banks are doing quite nicely out of the first interest rate hikes in more than 10 years and it will only get better for them in the current quarter.
Timing key to BHP’s $8.4bn Oz Minerals play
The Oz Minerals board has rejected an $8.4bn bid from BHP but should be careful not to overplay its hand in case a global recession sends copper price plunging.
Silence at PM’s break amid hubbub over rates
Anthony Albanese already feels he needs a break but where’s the outrage? Meanwhile the RBA is lifting the cash rate from near zero and commentators are hysterical.
Record trade surplus comes with huge wake-up calls
Australia’s prosperity is built almost entirely on exporting to China and selling CO2-emitting commodities to a global marketplace. How long can it last?
Albo gets his wish and you will pay for it
PM Anthony Albanese has gotten what he wished for: a mandatory great big 43 per cent emissions reduction burden on every single one of our backs.
Sufficient, cheaper gas must stay here
The Federal Government has just as much the absolutely basic duty to 26m Australians to ‘keep the water hot’ as to ‘keep the lights on’.
Original URL: https://www.themercury.com.au/business/terry-mccrann/page/35