Tanner unaware of RBA discontent
Posted on 21 October, 2008
Finance Minister Lindsay Tanner says he is not aware of any discontent within the Reserve Bank of Australia (RBA) over the Government's guarantee of all bank deposits.
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Game over for corporate fat cats: Rudd
Posted on 20 October, 2008
Prime Minister Kevin Rudd says he believes Australians are increasingly angry about corporate greed, as he defends his response to the global financial crisis.
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Wall Street ends sharply higher
Posted on 17 October, 2008
US stocks have risen for the first time in three days after a late rally lifted Wall Street stocks.
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Wall Street plunges as recession fears grip markets
Posted on 16 October, 2008
Wall Street has suffered its biggest plunge since the crash of 1987.
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Swan won't speculate on Budget deficit
Posted on 15 October, 2008
Treasurer Wayne Swan has refused to speculate on whether the Government's $10.4 billion economic stimulus package will push inflation up or put the next Budget into deficit.
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Bush critic Krugman wins Nobel for economics
Posted on 14 October, 2008
US economist Paul Krugman, a critic of the Bush administration for policies that he argues led to the current financial crisis, won the 2008 Nobel prize for economics.
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Bargains hunters expected to boost market
Posted on 13 October, 2008
There are predictions of market gains as bargain hunters move in at the start of trade on the Australian stockmarket today.
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Market sheds 5pc in opening trade
Posted on 10 October, 2008
The Australian share market has plunged in opening trade after a disastrous session overnight on Wall Street.
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Burke, Cundall in pulp mill showdown
Posted on 9 October, 2008
Gardening personality Don Burke has been hired by timber company Gunns to help win support for its Northern Tasmanian pulp mill.
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Wall St losses could top $US1.4 trillion: IMF
Posted on 8 October, 2008
The International Monetary Fund (IMF) is warning the financial crisis could accelerate the global economic slowdown.
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Wall St slumps on bailout anxiety
Posted on 7 October, 2008
Wall Street is reeling with the Dow Jones industrial average sinking below 10,000 for the first time in four years.
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Retirees back to work after super uncertainity
Posted on 6 October, 2008
The Combined Pensioners and Superannuants Association is encouraging retirees to return to work, to top up dwindling superannuation funds.
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Wall St women wanted for Playboy
Posted on 3 October, 2008
Playboy magazine is offering a new way to lose your shirt on Wall Street.
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Robn Guest dies after stroke
Posted on 2 October, 2008
Renowned actor Rob Guest has died in Melbourne's St Vincent's Hospital after suffering a massive stroke.
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NSW illegally logging forests: report
Posted on 1 October, 2008
The Federal Government has received a report that claims New South Wales is illegally logging river red gum forests.
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Blame game begins after US bailout failure
Posted on 30 September, 2008
The Dow Jones industrial average has suffered its biggest one-day points fall after the US Congress failed to pass a massive financial rescue plan.
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US negotiators finalise bailout deal
Posted on 29 September, 2008
It has taken days of marathon meetings, but US politicians now think they have struck a deal to tackle the country's worst financial crisis in decades.
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Bush fails to win agreement on bailout deal
Posted on 26 September, 2008
A summit at the White House to try to win congressional approval for a multi-billion-dollar Wall Street bailout has ended, however not all parties have come to an agreement.
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US warned disaster looms if bail out rejected
Posted on 25 September, 2008
The White House's proposed $US700 billion financial bail out continues to meet scepticism and anger from law makers, stoking fresh anxiety on Wall Street despite a $US5 billion investment by billionaire Warren Buffett that has been hailed as a vote of confidence.
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More teen girls harming themselves: report
Posted on 24 September, 2008
The number of teenage girls who have been admitted to hospital for intentionally hurting themselves has risen by a third over the last decade.
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