What on earth is the Rudd Government doing blowing $10 billion in largely unproductive welfare payments? asks Stephen Mayne.
Markets
Richard Farmer’s bite sized meaty chunks
In the hands of the communist capitalists … Praised be the bureaucrats … Australian banks not alone.
Global market wrap: Enter the “D” word
The latest bad news from the world share markets, and how the pundits see it. Compiled by Thomas Hunter.
Morning Market Report
The highs and lows from today’s sharemarket.
At last. The stockmarket’s looking up
Has the stockmarket bottomed? Unfortunately for investors there is no official indicator that rings loud and clear when the worst is over. But there is the Eureka Report Market Bottom Assessor (MBA)…and it’s just twitched! writes James Kirby.
Black Friday: we’ll never see another day like it for losses
Who would have thought that almost 10% of the biggest losses announced over the past two decades could happen on the one day. Stephen Mayne charts last Friday’s historic action.
Morning Market Report
The highs and lows from today’s sharemarket.
Is Russia boycotting the US financial markets?
There’s strong suggestion that Russia is cutting back on its purchases of US Government debt, especially the debt of those struggling mortgage twins, Fannie Mae and Freddie Mac, writes Glenn Dyer.
Stockmarket kicks Fairfax in the shins
The stockmarket gave Fairfax Media a gentle kicking this morning after it did what everyone expected it to do and ground out a profit for the June 30 year that hardly set the world afire, writes Glenn Dyer.
CEO of Walmart confirms global slowdown spreading
Despite improvement outside the US, Lee Scott, CEO of Walmart, was quoted in the Financial Times as saying he saw signs the slowdown in the US was moving across the world,
15 July 2008 — the day the world turned?
On the same day Fed boss Ben Bernanke told the world that US interest rates had bottomed, something curious happened, writes Marcus Padley, publisher of the Marcus Today stockmarket newsletter.
RAMS board pulled by Kinghorn on loan repayment
The three directors who approved John Kinghorn’s early loan repayment have extensive business dealings with the RAMS founder, writes Adam Schwab.
Morning Market Report
The highs and lows from today’s sharemarket.
Morning market report
All the latest market news, brough tto you by Marcus Padley.
Can we trust the ABS’s job numbers any longer?
The job numbers for July are in and they raise more questions than they answer, writes Glenn Dyer.
AIG and Freddie Mac farewell another $15 billion
Just when it seemed a bit confidence was returning to the market, two American corporate giants shared their bad news with onlookers, writes Glenn Dyer.
Briefly Business: US shares & banks, Oil prices, AFR
US sharemarket — the news ain’t all bad … US banking sector — news ain’t all that good … Just when you thought it was safe to go back to the petrol station … The AFR, where “lucky” means “not lucky”.
Housing finance figures show an industry in freefall
Figures on housing finance from the ABS today suggest the housing industry is nearing the bottom, writes Glenn Dyer.
Kohler: Crunching prime numbers
When the defaults on prime and alt-A mortgages are added to sub-prime losses, it’s clear that we’ll see a long period of financial darkness before the dawning of better times, writes Alan Kohler.
Morning Market Report
The highs and lows from today’s sharemarket.
RBA leaves rates on hold
Signs that global economic activity is easing are unlikely to have a big impact on interest rates either here or overseas in the immediate term, writes Glenn Dyer.
Morning Market Report
The highs and lows from today’s sharemarket.
Morning Market Report
The highs and lows from today’s sharemarket.
Building approvals down. Rates to follow?
As the housing industry continues to weaken, some are sharpening their predictions interest rates , writes Glenn Dyer.
Morning Market Report
The highs and lows from today’s sharemarket.
