Australia's leading business commentator
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- Terry McCrann (03) 9292 2370
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
THE departure of Peter Chernin is a huge loss to Rupert Murdoch and his News Corporation.
WILL there be Fairfax broadsheets for Costello or indeed anyone else to write in, much further into the future?
Terry McCrann
WOODSIDE and CSL painted two very different 'good news stories' yesterday amongst all the gloom.
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.
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.
WELCOME to the rest of the 21st century. Rio Tinto's proposed $30 billion deal with the Chinese Chinalco company spells it out.
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.
THE human cost of Victoria's devastating tragedy is incalculable and unrecoverable. The economic and financial cost is not.
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.
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.
THE Rio Tinto-China proposal poses a tough and seemingly impossible choice for Treasurer Wayne Swan.
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.
Terry McCrann
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.
THE Reserve Bank won't be cutting the official interest rate in two weeks. Then again, it might.
THE Chinese have the money, we have the resources they desire - willing buyer met desperate seller in the boardroom of Oz Minerals.
THE saga of supposedly quality companies behaving unacceptably continued yesterday. This time it was the Commonwealth Bank in the frame.
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 BILLITON'S December half profit report captures the first stage of the receding China boom. Receding, for the company. But also for the country.
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.