EDITORS' PICKS

In this week's essential reading guide, Kohler paints a dismal picture for Australia's super funds, Gottliebsen assesses the global mood for bank nationalisation, and Bartholomeusz describes the capital raising Fairfax had to have.

By Eureka Report ·
27 Feb 2009

Super fund whiplash
Alan Kohler
Unlisted assets have produced artificially inflated returns for super holders for some time now and when valuations finally catch up with equity markets, some of us are going to be in for a very nasty shock.

21st century banking
Robert Gottliebsen
There is growing unease that the failure of so many global banks to accurately write down losses will lead to the large scale nationalisation of financial institutions. The changes this could bring are almost unimaginable.

Fairfax's capital fix
Stephen Bartholomeusz
Just days after hosing down talk of a large capital raising, Fairfax has conceded that it needs the cash. The deep discount that it is offering will be seen by many as an admission of failure and yet another sign of distress.

Keeping the faith
Q&A by Isabelle Oderberg
Virgin Blue CEO Brett Godfrey admits the timing isn't ideal for V Australia's launch, but says he still believes in the business model. Conditions in the US aviation sector, however, could get messy.

The Trujillo legacy
Tony Boyd
Whoever replaces Telstra chief Sol Trujillo will have to negotiate some thorny legacy issues, including a fractured relationship with the federal government and increasing rates of customer dissatisfaction.