EDITORS' PICKS

We've put together the best commentaries of the week, including Robert Gottliebsen on the outlook for China, Alan Kohler on the forthcoming flood of government debt and Stephen Bartholomeusz on the run on the non-banks.

Federal warming
Keith Orchison
The largely ignored second plank of the Rudd government's climate change policy, the renewable energy target, will involve some fraught negotiation with the states. 24 Oct 2008

Pawning the global economy
Alan Kohler
Wednesday's plunge on Wall Street is a reminder that while governments around the world have been lending like pawn brokers and loan sharks, pretty soon they'll be looking to borrow on a massive scale. 23 Oct 2008

Deutsche's dim view of China
Robert Gottliebsen
A new report from Deutsche Bank paints a grim picture of the Chinese economy and, unintentionally, weakens the takeover defence on one of its biggest clients – Rio Tinto. 23 Oct 2008

Run on the non-banks
Stephen Bartholomeusz
The government is coming under increasing pressure to follow the US's lead and take concrete measures to try to ensure the flow of funds isn’t exclusively into bank deposits and term funding. 22 Oct 2008

India's hidden strength
Kamlendra Kanwar, Chennai
India is being hit hard by the US financial crisis and economic slowdown, but its well capitalised banks and proactive central bank will protect it from economic collapse. 22 Oct 2008

Beware the carbon Stalinists
Paul Gilding
Captains of industry screaming for protection from the carbon pollution reduction scheme are abandoning an elegant market-based mechanism in favour of a discredited command-and-control approach. 22 Oct 2008

A capital idea
Tony Boyd
APRA's decision to use an uncompromising definition of Tier 1 capital was greeted with howls of protest by Australian banks. Now, as their international peers founder, banks will see the regulator in a whole new light. 21 Oct 2008

    Related Articles