Terry McCrann's

Australia's leading business commentator

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Terry McCrann (03) 9292 2370

Buying spree may secure Future

David Murray

EVERY cloud has a silver lining, so the standard saying goes. My customised version adds that the darker the cloud, the more the silver.

Terry McCrann's Previous Articles

Chernin exit a turning point

Peter Chernin

THE departure of Peter Chernin is a huge loss to Rupert Murdoch and his News Corporation.

Perfect storm hits Fairfax

perfect storm hits Fairfax

WILL there be Fairfax broadsheets for Costello or indeed anyone else to write in, much further into the future?

Duo point to good news future

CSL

WOODSIDE and CSL painted two very different 'good news stories' yesterday amongst all the gloom.

ASX can't do splits

Australian Securities Exchange

THE Australian Securities Exchange just doesn't get it. And in doing so, keeps 'announcing' why it has to be stripped of all regulatory functions.

Times suit Costello

Times suit Peter Costello

JOE Hockey is the obvious choice to replace Julie Bishop as Wayne Swan's shadow. Peter Costello would have been his - and Kevin Rudd's - worst nightmare.

Rio road tests our future

Rio Tinto

WELCOME to the rest of the 21st century. Rio Tinto's proposed $30 billion deal with the Chinese Chinalco company spells it out.

Even a trillion is no longer serious money

Timothy Geithner

YOU know a billion dollars is well and truly no longer serious money, when the words 'one trillion dollars' roll effortlessly off the tongue of a baby-faced, serious young man.

Focal point for rescue package

Fires

THE human cost of Victoria's devastating tragedy is incalculable and unrecoverable. The economic and financial cost is not.

Slightly better than usual binge

PM Kevin Rudd

BOTH building approvals and retail sales ended 2008 looking bleak -- in a sense 'pre-justifying' both the government's latest stimulus package and the Reserve Bank's rate slashing.

The phone call that never came

Paul Keating

KEATING'S TV appearance was even more ironic/timely, because this is the first time since 1992 we have had aggressively stimulatory combined fiscal and monetary policy.

Swan's chance to lock them in

The financial universe hits the London street

THE Rio Tinto-China proposal poses a tough and seemingly impossible choice for Treasurer Wayne Swan.

Westpac a bank caught between two worlds

Westpac

THE Westpac update captured a number of developments, that will prove critical for the banking sector. But also point to the broader dynamics flowing from the financial crisis and deepening economic downturn.

Telstra can burst its rivals' blisters

Telstra

TELSTRA has shown why wireless broadband is not good enough in place of a National (cable) Broadband Network. But also why its Next G wireless network might be good enough to stop anyone else's NBN.

Rates paused unless RBA forced to cut

Reserve Bank

THE Reserve Bank won't be cutting the official interest rate in two weeks. Then again, it might.

Keen buyer meets keen seller

OzMin dilemma for Treasuuers Wayne Swan

THE Chinese have the money, we have the resources they desire - willing buyer met desperate seller in the boardroom of Oz Minerals.

CBA 'admits' failure to fess up

Commonwealth Bank

THE saga of supposedly quality companies behaving unacceptably continued yesterday. This time it was the Commonwealth Bank in the frame.

Twin failures to shed light

Rio Tinto

THE boards of directors of Rio Tinto and Coca-Cola Amatil have behaved in unacceptable fashion. Both have treated their shareholders like mushrooms, but not deigned to feed them even the usual 'nourishment'.

BHP shows China tide recedes

BHP

BHP BILLITON'S December half profit report captures the first stage of the receding China boom. Receding, for the company. But also for the country.

Coke's the Sayonara thing

Coca-Cola Amatil

SAYONARA to those southern gentlemen from Atlanta. Konnichiwa to the northern ones from Tokyo. Coca-Cola Amatil has started on its journey, so to speak, across the Pacific.

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Last updated: February 25, 2009 01:00am

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