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- Schapelle: Journos deported from Bali
- Gerry red faced on his bulk love email
- Natarsha & Craig join Dicko & Sarah
- Do we still need a Women's Day?
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What we're talking about
- Kimber on Scrap the My School website? Well said @Coasty!!! :) more
- Kimber on Pay kids to eat their vegetables? OMG, pay people to lose weight, pay people to quit smoking, now this.From the time kids can eat solid food fruit and ... more
- Jester4212 on Pay kids to eat their vegetables? Why why why must the govenrment become involved?! Even for parents to pay their children to do this is unbelieveable. They ... more
- Coasty on Scrap the My School website? Ridiculous. I'm now finding the teaching industry has gotten hysterical & political. The My Schools website was one of the ... more
- Jester4212 on A pizza stuffed with cheeseburgers? I can't believe what I'm watching. Disgusting. more
- William Coleman on Drugs & alcohol affecting our schools The classroom today is yesterdays psychiatric ward. more
- William Coleman on Chinese buying up Sydney housing? So the big money comes to oz and home prices soar .Meanwhile we buy products from Asian countries because it is so cheap due ... more
- Jester4212 on Should we pay people to lose weight? Cold hard cash is a complete cop-out, just like the baby bonus. I'm all for wanting to help these people out. But have ... more
- Greg O on Kevin will stop second Crimean war? Of course Kevin will stop the war and I have no doubt he will also help the Russians tackle global warming by putting pink ... more
- Coasty on Sydney's outbreak of ablutophobia No-one minds backpackers. They're great. I was one & I want my kids to do it. The problem here, is one that's all too ... more
- Cleangirl on Kevin will stop second Crimean war? Kevin ? Twins sharing the same name. Why is he allowed in with the U.N ? Why do we even financially support both Kevin and ... more
- Bikinis not Burkas on What frustrates you on our trains? What frustrates you on our trains?That they refuse to supply a mobile number so that we can give them live updates of ... more
- Jester4212 on Sydney's outbreak of ablutophobia Well said. more
- David T. on Schapelle to be sent back to prison? More appropriate would be for Indonesia to ban Channel 7 reporters from entering its' territories. more
- helen on Bring back death penalty for murder? Hello Angela, I also was taken aback by Tony Abbot's 'warning' to Russia. Our Pm. has to remember he is not in the ... more
- Pter on Can we expect war in the Crimea? So what if there is? No fan of Russia, but if you had to choose between it and the economic, social and now ethnic basket ... more
- Jester4212 on Bring back death penalty for murder? Totally agree Garry. Not sure that any government will concur with what you say, but I'm sure that most of your logically ... more
- Tony on Can we expect war in the Crimea? Properly but with the world now being lead by a raging socialist powderpuff president in the United States, who is going to ... more
- Coasty on Pensioners targeted in budget cuts? When pensioners get as much as new Australians & refugee's then talk to me. Fix that first. But if people are talking about ... more
- Coasty on Bring back death penalty for murder? We're are at the point, where there is a real increase in premeditated & totally unrepentant, vicious murders of the very ... more
Shares plunge: recession warning?
Shares have plummeted back to GFC-levels as investors come to the realisation major world economies are headed for a downturn. Wall Street fell more than 4% per cent, wiping all gain from this year.
Tim Webster with Dr Chris Leithner on the path ahead for the world economy and what he feels are the reasons behind the problems being experienced on world financial markets.
Treasurer Wayne Swan has sought to calm the nerves of Australian investors following a big plunge on world markets overnight.
The Australian sharemarket has lost 4% of its value in the first hour of trade with bank, retail and some mining stocks among the losers.
But Wayne Swan says the fundamentals of the Australian economy are strong compared to the problems the globe is facing.
Some leading economists say the futures market is being "too pesimistic" by suggesting interest rates could drop by a full one per cent by early next year.
Futures traders are reflecting the rout on global sharemarkets, amid fears the US and Europe could soon fall into another recession.
The Reserve expects Australia's economic growth to slow this year, but they're predicting the situation will improve by mid-2012.
Chris Caton from BT says despite the problems, rates will remain steady rather than fall.
Stay up to date on breaking news with 2UE on Twitter
!!I KNEW IT !!
This Red Grim Reeper,would Bring us to a Resession,have always Predicted they would,
it would suprise me,if we did not go into a Huge Resession.Hide Your Dollars.
!! As All They Know How To Do,Is SPEND SPEND SPEND & TAX TAX TAX..
They are Digging Themselves Such a Big Hole...AUSTRALIA will Never Ever Recover From
What They Have Done To This Beautifull Country.
With All thier!! CHEATING And LYING !!Tricia Saturday 6 August, 2011 - 7:55 PM
Well said Justin J, that goose swan is #ucking up our country and laughing all the way to the bank. Like Gillard, this goose is a disgrace.
They are all like that, have a look at bludger Rudd, never worked in his miserable life. Except for operating a paper shredder at nights in Qld.
I think Justin J should be DPM.Abdullah Abdullah Saturday 6 August, 2011 - 7:45 PM
Wayne Swan has never had a real job where one works in the real world and earns his or her pay. This bastard has been a life long failed academic. I personally regard him as unemployable. Just watch when his rotten labor party/greens party gets booted, he will head back to some poor gullible University to give him a 'yes' man's job. An utter fool of a man he is in every way.Justin J Friday 5 August, 2011 - 8:57 PM
Things go up and down in stock market shares etc. history shows us these things and we learn from it. Do we want to have SWANNY & JU-LIAR running the ship when things are crook, No Thank You they are only going to make things worse, as their record shows. History is a wonderful reference!Peter B Friday 5 August, 2011 - 1:57 PM
On the one hand, this country is in the grip of a World Financial Crisis... so we have to get these stimulus packages going... insulation, schools, bruadband, black boxes for tv's, and heaps of Public Servants (they hate being called that) to make sure there is noone to blame when the stimulus crap fails.
On the other hand, we are located in the Asia Pacific and ...growth has remained strong... According to this dork who is our Treasurer,
We were not involved in the
bloody financial crisis.
But it gave Gillard the opportunity to push her Socialist agenda... knowing she has only one chance as caretaker Prime Minister.
How much longer will it be for this country to be declared a Communist State?Wobblyone Friday 5 August, 2011 - 11:11 AM
Dear oh...dear...oh...dear Wayne Swan!! What arrrhh you going to do next?? Juliar, this is just another fine mess you have got us into!!! Get your stupid fkn CO2 tax and shove it down that goose, Swan's throat! Not ours! Furthermore your cleanerenergyfuture, 20 pages of 'crap'!
Has wasted many, many $Millions of our dollars for nothing!
N.B. All of our non-recyclable garbage bins are overflowing onto our streets with your brainwashing propaganda!! Nobody wants it!!!
"THERE WILL BE NO CARBON TAX UNDER THE GOVERNMENT I LEAD"HON. GREG CO2MBET Friday 5 August, 2011 - 11:01 AM