EDITOR'S PICKS

In this week's essential business briefing Kohler rounds up the bulls, Gottliebsen weighs in on the BrisConnections fiasco, and Bartholomeusz sizes up the implications of Chinalco's favourable funding terms.

Wake up and smell the downturn
Alan Kohler
Everyone keeps asking when this recession will be over. In fact, new OECD data and projections suggest that the real question should be 'when will it begin?'

China's first big mistake
Stephen Bartholomeusz
The terms of Chinalco's funding for its Rio Tinto bid imply that China has failed to grasp critical lessons about how an abundance of credit and a mispricing of risk could threaten its ongoing prosperity.

BrisConnections needs a bail-out
Robert Gottliebsen
The foundering infrastructure project can be saved, unit-holders relieved and underwriters appeased if the state government puts some money on the table. Otherwise Queenslanders can kiss the toll road goodbye.

Fantasy banking
Tony Boyd
Regulators have revealed their vision for the sub-prime-proof bank. Problem is, it's doubtful any existing senior executive in the banking industry would agree to work for it.

Sell into the bear market rally
Mike Mangan
Debate has begun on whether we are in a typical bear market rally or if March 8, 2009 marked the bottom for equities. The smart money knows this is not the recovery.

Same iPhone, only more so
Q&A by Isabelle Oderberg
Apple will likely announce a new iPhone in June, but operating system 3.0 will smooth out most of the kinks, says Bjango founder and application developer Marc Edwards.

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