In this week's essential reading guide Kohler dissects the impact of bond vigilantes, Gottliebsen exposes a banking super-profits tax, Bartholomeusz discusses the latest RBA move and Maley assesses the risks in further ECB intervention.

A wake-up call for Australian banks
Robert Gottliebsen
The recent S&P ratings downgrade may not pose a concern for our banks, but it does highlight the risks they face if they continue to play the housing game as they have previously.

Reasoning through a rate cut
Stephen Bartholomeusz
The RBA's rate cut gives needed respite to Australia's retail sector and while the bank may have pulled the trigger a little early, its board was clearly most concerned about developments in Europe.

ANZ leaps into rates reality
Stephen Bartholomeusz
The prospect of decoupling rates from RBA moves should be compelling for all the majors. Meanwhile, the real test of ANZ's new approach will come when it does move rates independently.

Countdown to an EU implosion?
Karen Maley
Eurozone fears are worsening as investors realise that even if the ECB embarks on a massive bond-buying spree, it may not be enough to restore market confidence.

Caught short by an EU bank storm
Karen Maley
The latest banking stress tests in Europe highlight the dire plight of the region's financial sector, raising the risk of bigger bailouts and a deep recession.

Don't hold your breath for RBA surprises
Christopher Joye
Yesterday's rates decision gave a keen insight into how the RBA board operates, and shows its dynamics today are dramatically different to the pre-GFC period.

Germany's blissful euro ignorance
Oliver Marc Hartwich
While the world follows Germany's every move in response to the euro debt crisis, many inside the country are turning a blind eye.

CLIMATE SPECTATOR: Olympic Dam's renewable future?
Giles Parkinson
Could BHP's Olympic Dam expansion be powered by geothermal, solar and wind energy? That's the billion-dollar vision of Petratherm head Terry Kallis.

TECHNOLOGY SPECTATOR: Banking's Facebook frenemies
Charis Palmer
Banks are tapping into social media channels to better connect with customers, but are they willing to respond to suggestions in order to make friends?

Will Gillard make a good innings?
Alister Drysdale
For the government and opposition, short-term thinking and shallow discourse were the order of the day in 2011. But will things change next year?

Sinking in social media scandals
Leon Gettler

Top corporates should know better than to leave social media users to run free.

Mining's red IR alert
Ken Phillips

Corporate profits are increasingly under threat by union posturing and the resources sector appears next in line for a hit akin to those seen at Qantas and Leighton.



{{ twilioFailed ? 'SMS Code Failed to Send…' : 'An SMS verification code has been sent ...' }}

Hi {{ user.FirstName }}

Looks like you have already taken a free trial

Email is required.
Email must be a valid email.
Password is required.
First name is required.
Last name is required.
Mobile phone number is required.
You must accept the terms and conditions.


We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to complete your SMS verification

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

You have entered an incorrect email or password

Email is required.
Email must be a valid email.
Password is required.

Please untick this box when using a public or shared device


Verify your mobile number to proceed...

Please check your mobile number below and press the Send Verification Code button. This will be used to complete your verification in the next step.

Please sign up for full access


Updating information

Please wait ...


{{ productPrice }} / day
( GST included )
Price $0
Discount -{{productDiscount}}
GST {{productGST}}
TOTAL   (inc. GST) {{productPrice}}
  • Mastercard
  • Visa

Please click on the ACTIVATE button to finalise your membership


The email address you entered is registered with InvestSMART.

Login or to reset your password, select Forgotten password

You have entered an incorrect email or password

Email is required.
Email must be a valid email.
Password is required.

Please untick this box when using a public or shared device


Related Articles