Pete costello


We’ll all be rooned, said Costello

Peter Costello at it again, predicting a “huge tsunami” is set to engulf financial markets. And that’s why the Reserve Bank shouldn’t lift interest rates. Or something like that, writes Michael Pascoe.

Costello still good for a private equiteer laugh amidst the gloom

With 10-year bond yields dipping back under 5% last night, Wesfarmers might prove lucky with its timing in taking over Coles just when the private equiteers found money a little harder to come by