Subscriber Login u: p:

Risk and reward need balance
26-November-08
Written by Mark Beyer

I have been reading extensively this month about the deep problems in the US financial system and it has left me with one overriding conclusion.

Australia has a remarkably well managed financial system and we need to be careful not no over-react to international problems with misguided domestic policy responses.

The state of Western Australia is a mere spectator in the dramatic financial and economic events unfolding around the world, yet it is still valuable to analyse these events, to learn lessons, to reflect on what works well in our own country and assess what we could do better.

Article continues...