Hike on hold as labour market teeters
The RBA’s next move appears all but certain, but the latest jobless data shows how keeping a lid on both inflation and layoffs remains a delicate balancing act.
Terry McCrann
Lucky country turns very stupid
The CFMEU crisis is the latest in a long line of Labor failings that has left ordinary Australians short-changed.
Rio’s messy dip into Guinea ore
Rio’s decision to build another iron ore mine in Guinea – to compete directly with its mines in the Pilbara – is shaping up as another risky move.
‘Rod the God’: Carnegie nation’s first modern CEO
Sir Roderick Carnegie came to the top job at mining group CRA exactly as Australia began to change so dramatically in the 1970s and he both rode and helped mould that change.
More Stories
Myer and Lew’s worthy choice
Olivia Wirth’s appointment as the new boss of Myer comes amid a leadership shake-up that underlines the influence of major shareholder Solomon Lew.
Beware the Bitcoin frenzy
Bitcoin hit a new record recently, which just goes to prove how detached the price is from anything approaching common sense.
GST carve-up farce time
The GST was supposed to have been about tax reform. It quickly became a grubby combination of bureaucratic meddling and self-interested political machination.
New fuel efficiency standard is ‘stupid and dishonest’
The Albanese-Chalmers-Bowen government’s so-called ‘Fuel Efficiency Standard’ is a classic example of Orwellian Newspeak that has nothing to do with real fuel efficiency.
Two time bombs ticking away
There were two explosive time bombs ticking away in the detail of the GDP numbers, and they threaten to put the RBA in an impossible position.
It’s official – things are crook
The latest GDP figures paint a picture of an economy that is sick, seriously sick. And if you look deeper, the problems are even worse than they seem.
Smashing NBN success story
The NBN plan to quintuple broadband speeds is a further validation of the Abbott government’s ditching of Kevin Rudd’s all-fibre fantasy.
It’s time to smash social media
Facebook, Google and other ‘big tech’ must be made to operate in accordance with the same laws that every other company and Australian adult has to.
Power regulators betray all of us
The ludicrously named Australian Energy Regulator and the Australian Energy Market Operator have been exposed as compromising their obligations.
Only one real option for RBA
The latest inflation data has left the RBA with only one real option at its next meeting. It won’t seriously consider a hike, but nor are cuts on the horizon.
Original URL: https://www.themercury.com.au/business/terry-mccrann/page/7