Why 2013 will be toughest year since GFC
Australia is celebrating its 21st year without recession. Most recessions come in seven to ten year cycles, so a correction is well overdue. And the next one could be bone rattling.
GFC2 - News, Features, and Slideshows
News about GFC2
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ASX plunges below 4000
The ASX 200 plunged 106 points or 2.6% to close at 3964, well below the psychologically important 4000 mark.
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Pay Isn't Everything
Here we go again. The stock market's wild ride this week may rattle business confidence, and put the brakes on most future hiring decisions. This uncertainty may also bring pay raises into question.
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Bloodbath on the ASX; 2 year low
ASX in biggest drop since 2008, dropping to a two year low