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Archived news for February 2008 | Recent news
Rate medicine might cure nation's spending binge
Even though the decision of Mitsubishi to close its plant in South Australia preceded Wednesday's interest rate increase, the two are closely...
Talking up government
Last year Nigel Lawson, the former British chancellor of the exchequer (and father of Nigella) visited Australia. During his stay, he remarked on...
However you cut it, carbon dioxide is a fact of modern life
As Professor Garnaut examines ways forward in reducing Australia's carbon dioxide emissions, he will become aware of the enormity of the global...
Parochialism Afloat in National Water Crisis?
The Minister for Water in the new Rudd government, Penny Wong, is from South Australia and there has been some mumbling - mostly behind closed...
Mitsubishi learns: the market prevails
Yesterday, Australians experienced not one, but two examples of policy failure. First, the Reserve Bank admitted that it had not kept inflation in...
Rate rises will not work in isolation
Since the middle of last year the US Federal Reserve has reduced interest rates from 5.25% to 3%, most of that reduction coming in the past...