EDITORS' PICKS

This week our editors have selected five of our most popular articles including Alan Kohler on higher oil prices, Stephen Bartholomuesz on the battle for Macarthur Coal, Robert Gottliebsen on defence technology, Giles Parkinson on Macquarie Group's bonus culture and James Thomson on luxury car tax.

This bubble won't burst
Alan Kohler
Despite the dramatic spike in oil prices, optimists cling to the consolation that it's 'all speculation'. It's not. Fundamentals will prevent any major reversal of these price rises.

Coking coal is hotting up
Stephen Bartholomeusz
ArcelorMittal's new stake in Macarthur Coal shows that the grab for coking coal assets – in the face of massive price rises – is not limited to China's strategic acquisitions.

Our shield is crumbling
Robert Gottliebsen
New military technology developed and sold by China and Russia is leaving US air supremacy, and our own defences, outdated.

Macquarie's bonus blight
Giles Parkinson
Executives at Macquarie Group have taken a haircut on bonuses this past year because of the weaker market prices for Macquarie shares.

Motoring downhill
James Thomson
A slowdown in private car sales could be made worse by the ATO's pursuit of luxury car buyers.