EDITORS' PICKS

The buyers are coming
Alan Kohler
The net effect of a Greek bailout and the end of QE2 on local markets is anyone's guess. But within 12 months, cash that's been sidelined for two years will flood back into Australian assets.

Gillard's carbon blinkers will hurt business
Alan Kohler
The prime minister's singular focus on delivering a carbon tax is not only ensuring years of uncertainty for companies, but creates a lost opportunity for major economic reform.

Gillard tilts toward middle income Australia
Robert Gottliebsen
Struggling to win over middle Australia, the prime minister offers early signs she knows how win a key battle with Tony Abbott.

The glass is half full at Foster's
Robert Gottliebsen
It's hard to work out what is a fair value for Foster's, but some back-of-the-napkin calculations suggest the market is yet to comprehend the upside in the brewer's accounts.

New Telstra will take time to morph
Stephen Bartholomeusz
The full benefits from Telstra's deal with NBN Co will take many years to flow through, but shareholders and the government should be satisfied.

Expect more twists in Foster's fate
Stephen Bartholomeusz
SABMiller's opening shot at Foster's may be a ploy to flush out a competitor, but the really interesting question will arise if no challenger materialises.

Turnbull's hurculean NBN task
Rob Burgess
NBN Co's build costs and pricing schedule will require a lot of oversight work. Malcolm Turnbull's best shot to win the broadband debate is to monitor this process like a hawk.

Last chance to refloat Labor
Rob Burgess
For the Gillard government, the next few weeks will determine whether re-election or electoral oblivion awaits, as several key policy issues come to a head.

Putting Greek lessons into practice
Oliver Marc Hartwich
As the euro zone mulls the acute debt problems of some of its members, the world's big developed economies should be acting creatively to avoid a similar fate.

Cruel weather for NSW power
Keith Orchison
With a power supply system already under stress, greater Sydney will soon be a ground zero for the sticky problem of carbon tax compensation.

Leaping into a digital economy
Paul Budde
Telstra's historic broadband pact has lobbed Australia into the global IT investment spotlight. It's in this new environment that the 'Googles' of the future will be born.

CLIMATE SPECTATOR: Electricity regulators' game on
Giles Parkinson
Australia's energy regulator concedes it is powerless to stop networks gaming the rules and pushing up prices, while investors count the cost of delaying an ETS.

TECHNOLOGY SPECTATOR: Online protection in five steps
Charis Palmer
Google's new 'Me on the web' tool offers greater control of a user's online reputation, but there are other simple ways to control your web life.

Resurrect the drachma to save Greece
Peter Morici
Abandoning the euro and reinstating the drachma would be a catalyst for more rapid growth in Greece's GDP and debt servicing capacity.

Gillard's not-so-happy anniversary
Natasha Stott Despoja
As the prime minister approaches one year in the job, the challenges she faces are mounting. But the biggest indictment of her leadership may be the fact that the issues which brought her to power are still in play.