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Terry McCrann

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SYDNEY, AUSTRALIA - NewsWire Photos MAY 01 2024. Federal treasurer Jim Chalmers at the Lowy Institute. Picture: NCA NewsWire / Max Mason-Hubers

Be afraid, be very afraid

Jim Chalmers’ speech on Wednesday revealed the sort of insane dystopian future that will be built if the treasurer and his colleagues aren’t stopped.

Business
Solomon Lew and Mark McInnes pose for portraits in Melbourne, Friday 20th September 2019. Picture Stefan Postles

Billionaire believes in real shops

Billionaire Solomon Lew is determined to show there is still life in retail and that much if not indeed most of that future life will still be in real actual bricks and mortar stores.

Terry McCrann
SYDNEY, AUSTRALIA.NewsWire Photos. March 19, 2024.Reserve Bank of Australia Governor Michele Bullock during press conference. Picture: NCA NewsWire / Jeremy Piper

Treasurer goes to war with the RBA

The Labor Government’s push for a 4 per cent minimum wage increase has effectively set it against RBA governor Michele Bullock’s desire for a wage moderation and productivity increases.

Business
US Federal Reserve Chairman Jerome Powell speaks during a press conference at the end of the two-day Federal Open Market Committee (FOMC) meeting at the Federal Reserve in Washington, DC, on March 20, 2024. The Reserve voted Wednesday to hold interest rates at a 23-year high, between 5.25 percent and 5.50 percent, for a fifth consecutive meeting, and signaled it still expects to make three rate cuts this year. (Photo by Mandel NGAN / AFP)

Six earth-shaking hours

The US Fed’s ‘dot points’, supposedly predicting rate cuts, stirred up the markets bigtime. But they’re well known for their inability to forecast the future.

Business
CANBERRA, AUSTRALIA, NewsWire Photos. MARCH 19, 2024: Climate Change and Energy Minister Chris Bowen and Prime Minister Anthony Albanese during Question Time at Parliament House in Canberra. Picture: NCA NewsWire / Martin Ollman

PM and a team of incompetents

From destroying the electricity system to overseeing a growing migration crisis, Labor’s ministry of incompetents have proven to be way out of their depth.

Original URL: https://www.themercury.com.au/business/terry-mccrann/page/6