WITH the economy close to actually starting to shrink, the former governor of the Reserve Bank has pinned the blame for the financial turmoil on executives who took excessive risks to secure multi-million dollar bonuses.

SEVEN months after Geelong-based financial group Chartwell Enterprises sank into administration, owing its investor-clients $54.5 million, its liquidator has flagged plans to sue its founders, Graeme Hoy and the elusive Ian Rau.

WHEN the stockmarket goes through a meltdown, several days of successive declines are often succeeded by a small upturn. It might appear that the worst is over, but all too often it is what old financial sector hands call a "dead cat bounce" and the market usually continues to fall..read more

AUSTRALIA'S listed agribusiness sector has finally been hit by the financial crisis, but nonetheless remains a better long-term investment than the general sharemarket, according to Commonwealth Bank.

BROKERS slashed their profit forecasts for Ten Network yesterday after it reported a 79 per cent slump in fourth quarter earnings, and analysts predict further troubles ahead as its weaker ratings and the global financial crisis deter advertisers.