The Distillery: Ceiling vent

Jotters are concerned about the shutdown but argue a debt default would be much worse.

The US government shutdown continues with no sign of a resolution, but it is the debt ceiling debate that has most commentators worried. The shutdown itself has no impact on whether the country can raise the debt ceiling, though the stalemate in Congress doesn’t bode well for a resolution before October 17 – and two jotters explain why a further impasse would be disastrous.

Closer to home, and one business scribe delves into murky dealings at Leighton, while another explains why Bunnings’ worth to Wesfarmers remains significant despite the Coles turnaround.

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