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VIDEO OF THE DAY

First Dog's Cautionary Tales for Children

CANBERRA CALLING

Sophie Black & Bernard Keane analyse the Garnaut Review

POLITICS

Why the Murray River is doomed

BERNARD KEANE: Politics is broke. Let's fix it
ALEX MITCHELL: The Oz's anti-Rudd tirade
BEN SANDILANDS: Groundings to come for Qantas?

US Media Wrap: Obama walks the Christian tightrope
US Media Wrap: Leadership shakeup for McCain campaign
US Media Wrap: Obama campaign makes a right turn
US Media Wrap: The gun debate enters the campaign
US Media Wrap: The Huff Post unveils "Fearwatch"

Crikey's US correspondent Guy Rundle is covering the
2008 presidential race right down to the wire.

Rundle: Obama and Hillary Clinton meet in "Unity"
Rundle: Boumediene vs Bush resets US balance of power
Rundle: The difference between Obama & McCain

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BLOGWATCH: Crikey's fabulous Friday trashwrap
STATE OF THE PLANET: Penguins in peril
STUFF WE LIKE: Testing out torture, the pregnant man

Australians buying gas-guzzlers in record numbers

It's OK for Australians to complain about high petrol prices, just don't ask them to stop buying thirsty cars, says Glenn Dyer.

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Global markets: The bad numbers keep rolling in

The US slowdown continued its downward trend overnight with some help from Europe, writes Glenn Dyer.

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British banking sector takes another hit

For the second time in a year a British bank has had to be rescued, writes Glenn Dyer.

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Morning Market Report

The highs and lows from today's sharemarket.

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And recently…

Retail figures equal bad news for department stores

Right now it is better to be selling a sausage than a sofa. Rob Lake explains.

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Only 36% of CEOs know about emissions trading. So what?

Amanda Gome, publisher of smartcompany.com.au, says nobody should be surprised at how few companies are preparing for a national emissions trading scheme.

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US, European markets taking a battering

Overseas markets continue their downward spiral, possibly with worse to come, writes Glenn Dyer.

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Briefly Business: Octaviar, Just, hooking for gas

Now, or later, or never ... Not fair nor reasonble, nor Just ... Take with one hand take with the other ... Rising oil prices lead to rise in self-employment.

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Morning Market Report

The highs and lows from today's sharemarket.

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Rising oil acts like another rate rise

New figures out today confirm that Australia's already sluggish economy is continuing to slow, writes Glenn Dyer.

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Oil prices hit coffee as Starbucks slashes jobs, outlets

No money, no coffee. No coffee, no jobs. It's a pretty simple equation, and one that foretells more financial pain for the American services sector, writes Glenn Dyer.

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Groves scoops up ABC Learning options at below market value

What was Eddie Groves thinking when he issued himself with millions of share options at below market price?

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Morning Market Report

The highs and lows from today's sharemarket.

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Global financial house of cards set to collapse?

The global financial house of cards is getting more jittery, virtually by the day, writes Glenn Dyer.

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Parliament greenlights dodgy tax office settlements

After a two and a half year inquiry into tax office administration that spanned two Parliaments, the Joint Committee Of Public Accounts and Audit have concluded...wait for it...drum role please...A simpler tax system is needed in Australia, writes Chris Seage.

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ABC Learning's generous use of play money

Shares in ABC Learning might have risen (slightly), but shareholders are unlikely to be rejoicing, writes Adam Schwab.

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Briefly Business: Cars, Rio's payrise, Ponzi schemes

US car market suffering ... On Ponzi schemes ... Welcome to a Jekyll and Hyde economy .. Rio gets a pay rise.

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Morning Market Report

The highs and lows of the sharemarket.

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Budget night: a triumph of rite over truth

9/05/2007 12:00:00 AM

Guy Rundle writes:

So it is that every year, our shaman gather in Canberra. Like priests before a ritual they are sealed off from the profane world in a special retreat (‘the lock-up’) and bonded together in a sacred pact, which sets them off as a distinct group against the rest of their people.

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Business

And recently…

Budget night: a triumph of rite over truth

9/05/2007 12:00:00 AM

Guy Rundle writes: