Costello is listening to strange advice

Article Abstract:

Peter Costello, Australia's Liberal Party treasurer, appears unconcerned about what many experts feel could become a global financial crisis. The Asian crisis that began early in 1998 could last until 2001, but Costello continues to support establishing a goods and service tax that many view as unpopular and unnecessary.

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Telstra labor pains

Article Abstract:

A report by Barry Jones commissioned by the Australian Labor Party called "Knowledge Australia" has implications for the future of the country. The party has not committed to this policy, but its impact on telecommunications firm Telstra in particular could be significant.

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Spooking the sector

Article Abstract:

Issues concerning the predictions of Schumpeter and Hayek of the Austrian school of economics are presented. Particular reference is paid to the role of credit expansion in successful economies such as America and Australia.

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