Roger Corbett is back at Woolies. Plus other business tidbits of the day.
Greece spent profligately and did not fully commit to austerity, right? Wrong. Australia Institute chief economist Richard Denniss explains five misconceptions about the Greek debt crisis, with help from Australia Institute researcher Cameron Amos.
Don't believe the doom and gloom, Rio Tinto is doing just fine. And other business tidbits of the day.
Despite the Coalition's rhetoric, it has embraced the same fiscal policy as Labor, as yesterday's treasurers' debate showed. Bernard Keane and Glenn Dyer offer their take.
Italy's new PM Enrico Letta owes his leadership to a deal forged with Silvio Berlusconi. With Il Cavaliere still lurking in the background, will anything really change? Rome-based freelancer Josephine McKenna reports.
Crikey readers talk the perils of fast fashion, the IPA's hypocrisy as it cries poor and the need for austerity.
As revenue writedowns become apparent in the federal budget, keep in mind the lessons from austerity offshore. Crikey writers Glenn Dyer and Bernard Keane report.