EDITORS' PICKS

Here is your weekly wrap of some of the best pieces from our crack commentary team, including Kohler on Qantas, Gottliebsen on the sharemarket and Bartholomeusz on OZ Minerals.

Qantas? BA humbug
Alan Kohler
Spending time discussing a DLC between Qantas and BA is nothing but a distraction to management and a waste of money on lawyers.

Warned by volatility
Robert Gottliebsen
The obvious signal from the market is that we are headed into a downturn which will affect profits and cash flow. However, we are also getting a clear warning that the entire community will suffer. 

The blizzard of OZ
Stephen Bartholomeusz
Caught in a perfect storm of tumbling commodity prices, a battered currency and unforgiving credit markets, OZ Minerals has burned through $1 billion in four months only to end up at the mercy of its bankers.

Babcock on ice
Tony Boyd
Babcock & Brown's latest deal with its bankers effectively puts the company into suspended animation while it sells assets to pay off its $3.25 billion in debts.

Two-way investment street
Q&A by Isabelle Oderberg
In the second part of a special interview feature, prominent UK Tory peer Chris Patten says sovereign wealth funds shouldn't be blocked from investing overseas, as long as the process is two-way and transparent, and argues that China's main priority now is its own decelerating economy.

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