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Australia's banks now occupy a dominant role in our economy -- and are thus the dominant risk. Unlike anywhere else in the world, they now really are too big to fail.

At 30% of ASX value, Australia's banks are truly too big to fail

Australia's banks now occupy a dominant role in our economy -- and are thus the dominant risk. Unlike anywhere else in the world, they now really are too big to fail.

Cast your mind back to 2007, when then-prime minister John Howard and most major business leaders agreed an emissions trading scheme or a price on carbon was the only way forward. How things have changed.

Carbon pricing: what business actually said

Cast your mind back to 2007, when then-prime minister John Howard and most major business leaders agreed an emissions trading scheme or a price on carbon was the only way forward. How things have changed.

Here are the eight most powerful women in Australia, as ranked by <em>Crikey's</em> annual Power 50. So which names are on the rise -- and who might fall off the list next year?

The Power 50: meet the most powerful women in Australia

Here are the eight most powerful women in Australia, as ranked by Crikey's annual Power 50. So which names are on the rise -- and who might fall off the list next year?

Gina Rinehart, Australia's richest person, is the top businessperson on <em>Crikey</em>'s Power 50 list. Fellow miner Twiggy Forrest also makes an appearance, and media mogul James Packer is moving up in the world (and the rankings).

The Power 50: taking care of business

Gina Rinehart, Australia's richest person, is the top businessperson on Crikey's Power 50 list. Fellow miner Twiggy Forrest also makes an appearance, and media mogul James Packer is moving up in the world (and the rankings).

Lachlan Murdoch promised to take Channel Ten in a new direction, declaring the company to be "totally stuffed". Has his promised turnaround in the company's fortunes eventuated?

Lachlan Murdoch's grand vision for Ten, two years on

Lachlan Murdoch promised to take Channel Ten in a new direction, declaring the company to be "totally stuffed". Has his promised turnaround in the company's fortunes eventuated?

Ahmed Fahour, the head of AusPost, has been paid an extraordinary $4.8 million. Should he really be paid 10 times more than his American and Canadian counterparts?

Is AusPost boss' $4.8 million salary pushing the envelope?

Ahmed Fahour, the head of AusPost, has been paid an extraordinary $4.8 million. Should he really be paid 10 times more than his American and Canadian counterparts?

Commsec's State of the States report shows two very different parts of the country leading in growth, writes <b>Yolanda Redrup</b>.

WA economy leads, but other states catching up

Commsec's State of the States report shows two very different parts of the country leading in growth, writes Yolanda Redrup.

Markets worldwide recover after the US shutdown.

Morning Market Report

Markets worldwide recover after the US shutdown.

Markets rebound worldwide off the back of the US debt ceiling agreement.

Morning Market Report

Markets rebound worldwide off the back of the US debt ceiling agreement.

Rupert Murdoch may have set a world record for longevity in corporate governance, but his reputation would stand higher if he had retired 10 years ago, writes <b>Rodney Tiffen</b> at <a href="http://www.inside.org.au" target="_blank"><em>Inside Story</em></a>.

Rupert's historic 60 years of power: an anniversary to reflect

Rupert Murdoch may have set a world record for longevity in corporate governance, but his reputation would stand higher if he had retired 10 years ago, writes Rodney Tiffen at Inside Story.