Time will tell if cap raising good for small Star investors
Small shareholders in battered Star Entertainment have until next Thursday to decide whether they want to take a punt on its latest capital raising. Here’s what they should know.
Small shareholders in battered Star Entertainment have until next Thursday to decide whether they want to take a punt on its latest capital raising. Here’s what they should know.
What we are seeing in the US is a growing realisation, with real-world consequences, that the ‘Goldilocks scenario’ maybe ain’t going to be happening.
It will take a big jump in the quarterly inflation rate, above 1.5 per cent, to spark a rate hike at the RBA’s pivotal Melbourne Cup Day meeting next month.
Woodside joined with much of the big end of town in supporting The Voice. But recent events show it could become one of the ‘Yes’ vote’s biggest losers.
RBA governor Phil Lowe and his team have one job and that’s to get inflation back down to 2-3 per cent and fast. Wimpish words just don’t cut it.
Phil Ruthven was one of the great and indeed significant personalities of business in Australia through the last quarter of the 20th century.
The US Federal Reserve has once again proved that when push comes to shove, it will always side with Wall St.
Oh dear. Doesn’t Treasurer Jim Chalmers know that you read out fairy stories to trusting young children at bedtime not in the middle of the day?
The shiny new Labor Government says it has a plan in these grim economic times and it seems to be a shimmering fairy story.
The absolute front line in battling inflation in Australia is – as new treasurer Jim Chalmers knows only too desperately well – keeping a lid on wage increases.
The ‘good news’ is that it could have been worse for home loan borrowers. But that’s where the ‘good news’ ends.
When it comes to climate and sources of energy, the answer to the question have we hit Peak Stupid is no, not even close.
Recent comments from the PM and the Treasurer about interest rates sit somewhere between really just quite silly, but unexceptional, and rather more disturbing and unwelcome.
Even though it was chasing a much bigger amount, the ATO has scored a big win by getting mining giant Rio Tinto to pay just under $1bn to settle all its disputes.
Original URL: https://www.themercury.com.au/business/terry-mccrann/page/36