Sol Trujillo has retained his high profile US board seat on discount retailer, Target.
Target
Not a good election to win?
Wayne Swan was sworn in yesterday as Treasurer. Swan has said that dealing with inflationary pressures in the economy will be the government’s “number one priority”. With inflation rising and the US heading for a possible recession, the prospects of a second Labor term depends on how Rudd and Swan handle what happens next.
Hills Industries investors ahead of the game
Where was the ASX when Hills Industries shares spiked almost 15% late last week? asks Glenn Dyer.
A bad time to win government? The economists’ view
With inflation hitting the top of the RBA’s target band and continued fragility in US markets, Crikey asked a panel of leading economists if now is a bad time to win government.
Kerr: Costello, bastardry and brilliance
Bastardry or brilliance? How about a bit of both? It’s an almighty piece of petulance from Dollar Sweetie, but it’s not without its logic. Costello has given the ALP another scalp, but has also denied them a target, writes Christian Kerr.
Pearse: Ratifying Kyoto will be the easy bit
Kevin Rudd will get a hero’s welcome at the upcoming climate change negotiations in Bali and Australian ratification of the Kyoto Protocol will be warmly received by national leaders everywhere but Washington and Ottawa, writes Guy Pearse.
The King is dead, let’s assassinate the King
And now the worms turn. Perhaps not today – they’re a bit distracted by the Liberal Party rabble – but soon enough. The journalists who have been bagged by Coalition toadies and would-be Liberal candidates as being a bunch of doctrinaire Howard-haters will start to show their true colours, writes Michael Pascoe.
Election ’07: What overseas papers are saying
What The Independent, The Guardian, The Washington Post and more are saying.
Flinders Diamonds: Delivering 790% to shareholders since yesterday
For those who believe that the music will never stop, like the market’s most oft-quoted bull, Charlie Aitken, Flinders Diamonds should be a somewhat of a warning bell, writes Adam Schwab.
Election Party Planner: What would Martha Stewart do?
For the Liberals, a picket fence-themed party is always a hit. Kevin ‘07 revellers need a decorative mood that’s triumphal and happy — but can be turned around at a moment’s notice.
An end to big spending
Will we be seeing any more big spending policies? Probably not. There’s a practical reason for that, writes Christian Kerr.
Facebook: advertisers’ dream becomes a reality
Once upon a time when people came together it was likely to be in a civic space – a common, park or town hall. Then came the shopping malls, which provided air conditioned meeting places, so long as you didn’t mind being bombarded with commercial messages. Now we have social networking online.
Hey Facebookers, it’s what you signed up for…
Surprise, surprise. Social networking internet site Facebook has begun selling advertisements to all the people now addicted to it. The same people — Gen X and Y — advertisers find so difficult to reach. Cash cow, anyone?
Blogwatch: the Facebook edition
Facebook set to become just another spammer? … Facebook has fulfilled its destiny: it is now Adbook … Just capitalising on what friends already do … Facebook abuse, the new web violation … Does it even work anyway?
Adopt a Politician: our brush with Malcolm Turnbull
We as youth have been receiving some interesting responses from the candidates. Some have been really supportive, some understanding, some incredibly helpful and some absolutely ridiculous. Our example of the ridiculous involves our meeting with Malcolm Turnbull, writes Stela Solar.
Kilgour: Garrett a vote winner for the ALP
The Howard Government is desperate. Fancy running yet another attack ad off the back of Peter Garrett’s throwaway line to Steve Price last week. It will not change a vote, writes Adam Kilgour.
When is an independent expert truly independent?
On Wednesday ASIC released its much anticipated regulatory guides on the content and independence of Independent Expert’s reports. Much criticism has surrounded the publication and content of Independent Experts reports, with many repeating the old adage that the reports are neither independent, nor expert.
Is Rudd’s plan really a slap in the coal face?
Environment Minister Malcolm Turnbull yesterday claimed that Labor’s MRET target of 20% by 2020 was like “slapping the coal industry in the face.” Undeterred by the uncomfortable conflict between juggling the Environment portfolio and also leaping to the defence of the coal industry, Turnbull said Mr Rudd had “slammed the door in the face of the coal industry”, by not including clean coal technology in the ALP’s policy.
Crikey Says: Crikey Says
In the end, in the wash up of Tony Abbott’s big day out, it’s the impression of arrogance that lingers, and that’s the thing that will settle in the public mind.
Rudd and Howard far from agreement on climate change
John Howard says Kevin Rudd now agrees with him on climate change. Oh, really? asks Guy Pearse.
Morning Market Report
The highlights and lowlights of this morning’s sharemarket activity.
But Senator Brandis, Cousins never tested positive
There is a fatal flaw in Senator George Brandis’s criticism of the AFL over its handling of the Ben Cousins affair, writes Adam Schwab.
ACCC blocks Woolies, market rejoices
A record price for Woolies shares today with the market sending them up to a high of $32.50 after the ACCC blocked the giant from buying Kmart and Officeworks from Coles, if those chains came on the market, writes Glenn Dyer.
