All Power To Iemma

ILLAWARRA state Labor MPs yesterday stood behind their besieged leader, suggesting hits being taken by the Government over electricity privatisation were tolerable in the interests of longer-term gains for NSW.

Market's Hammering Has Wiped Out Gains Of 2007

A YEAR'S worth of gains have been eliminated from the Australian sharemarket, with the benchmark index again below 6000 points.

Market Ends Subprime Year Up 12%

THE decelerating US economy is clouding the outlook for 2008 even though the Australian sharemarket has eked out double-figure gains for the fourth calendar year in a row.