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Archived news for October 2008 | Recent news
Commodities could topple our domino
The world economy looks like a set of falling dominoes at the moment. What started out as solvency problems in the subprime mortgage market has...
RBA got it wrong on rates
If anything, the 1 percentage-point drop in interest rates must shatter the myth of infallibility that has come to surround the Reserve Bank. It is...
Forget intervention, let the correction do its job
The Reserve Bank of Australia has proven itself unable to comprehend, still less to control, the nation's money supply. Like the US Federal...
States need to lift their game
Australian states and territories appear to have been steadily losing friends for a long period of time. The group of those not enamoured with the...
Costello is the new Nixon
The former treasurer has something in common with the disgraced US president, says Tom Switzer When I say that Peter Costello is the new Nixon, I...
Public service balloons in Qld
Queensland has undoubtedly been one of Australia's boom states in the past 10 years, accounting for one third of Australia's growth. As the...
Pokies unfairly stigmatised
Perhaps emboldened by having taken up his position in the Senate, Nick Xenophon seems to have moved from espousing further restrictions on poker...
Change of climate an ill wind for carbon tax
THE Wall Street share market crash in October 1929 sparked off the Great Depression in the 1930s. Will Wall Street's latest financial collapse...
Congress no green house
There are two great myths perpetuated by Kevin Rudd and Climate Change Minister Penny Wong as a foundation for Australia introducing an emissions...
Farewell to politics of plenty
These days there's not too much talk about a soft landing for the global economy. The descriptions of the landing we can now hope for from the...