Another recession may be devastating for heavily indebted countries, report shows

Australia would cope with another recession soon but many of the world's most indebted countries would not, a report shows.
Australia would cope with another recession soon but many of the world's most indebted countries would not, a report shows.
FEATURED
THE chief of Australia's biggest sheep research body can't understand why so many Merino sheep breeders continue to ignore genetic selection tools. THE chief of Australia's biggest sheep research body can't understand why so many Merino sheep breeders continue to ignore genetic selection tools.
SPECULATION on Barnaby Joyce’s potential elevation to Deputy PM due to Warren Truss’ ill health has been dismissed by party sources. SPECULATION on Barnaby Joyce’s potential elevation to Deputy PM due to Warren Truss’ ill health has been dismissed by party sources.
ANIMAL cruelty charges in the high profile NSW case against Wally’s Piggery have been dismissed. ANIMAL cruelty charges in the high profile NSW case against Wally’s Piggery have been dismissed.
A GROUP of insecticides considered the world's most widely used - neonicotinoids - has come under analysis for its detrimental impact on ecosystems. A GROUP of insecticides considered the world's most widely used - neonicotinoids - has come under analysis for its detrimental impact on ecosystems.
12:17 AM Concerns over shredded receipts, support from two of Australia's biggest companies and an unexplained $17,000 bonus for the boss – welcome to Gerard Henderson's Sydney Institute.
12:15 AM Cricketer Phillip Hughes spent a second night in an induced coma while his family, doctors and Australia watch and wait as he battles for his life.
12:15 AM Unions will launch legal action against a bid by James Hardie's asbestos compensation fund to start paying victims in instalments rather than lump sums.
12:15 AM The Supreme Court has moved to restrain two lawyers representing Banksia Securities victims due to conflicts of interest.
12:15 AM The consumer watchdog has warned Australia's cartel laws would be significantly weakened under proposed changes to competition rules. 
12:00 AM The Herald's picture editors showcase the best images from around the globe.
26 Nov 14 Cheap coal-fueled electricity is touted by miners and politicians as a way out of poverty for developing nations, but apparently Africa hasn’t been listening.
26 Nov 14 Despite industry optimism about the role of coal in developing regions, United States financial services group Citi has a bearish outlook on the commodity.
26 Nov 14 After recovering from the "traumatic" collapse of Mowbray College, Macedon Grammar School student Natasha Smith is once again facing upheaval as her school fights closure next month.
26 Nov 14 St Kilda's moment of truth. Toss a coin? The decision for which there is no right answer or no wrong answer, depending on how you look at it.
26 Nov 14 The mother of a Stockton teenager who suffered suspected methanol poisoning while celebrating schoolies in Bali has warned of the dangers of drink-spiking on the popular tourist island.
Melbourne's forecast top today has been revised down to 26 degrees, eight degrees cooler than what was originally forecast.
26 Nov 14 Melbourne's forecast top today has been revised down to 26 degrees, eight degrees cooler than what was originally forecast.
26 Nov 14 The Bureau of Meteorology is warning metropolitan area residents to prepare for a possibly severe storm late on Wednesday.
26 Nov 14 The bank with the least number of women directly reporting to the chief executive is the only bank with a woman at the top.
26 Nov 14 Defence Minister David Johnston says he wouldn't trust the government's own shipbuilding firm to "build a canoe", seriously denting hopes the next fleet of submarines will be made locally.
26 Nov 14 Two scuba divers have been rescued by off-duty lifeguards when they became disoriented during a night dive off Clovelly.
26 Nov 14 No conviction recorded against Freya Newman, as magistrate accepts she was motivated by a sense of injustice, although that did not excuse her conduct.
26 Nov 14 A new medical treatment developed by an Australian researcher could increase the chances of patients surviving critical injuries sustained on the battlefield or in rural and remote...
26 Nov 14 The Herald's picture editors showcase the best images from around the globe.
25 Nov 14 Australia needs to dramatically “scale up” its investment in early childhood and parental support to underpin the country’s future prosperity, says public health advocate and former...
25 Nov 14 Canberra Capitals coach Carrie Graf has described ABC cuts to women's sport TV coverage as "tragic", and is adamant men's leagues such as the NBL and A-League would not have copped the...
25 Nov 14 St Kilda have reported a financial loss of more than $2million for their bottom of the ladder season, coming after the club also lost more than $1milllion last year.
25 Nov 14 Having been slapped with a censorious dress diktat, some of music's A-list stars were plunged into uncharted territory by having to adhere to the strict 'no buttocks, breasts or visible...
1 | 2 | 3 | 4 | 5 | 10 | 20 | 30 | 32  |  next >

COMMENTS

light grey arrow
Is there anyone other than Wazza or Barney in the Nats these days?
light grey arrow
That's true Bill , and I know life is hard for you. But you have a home here and we will all
light grey arrow
Who puts it out Invey ? the same people who put all the scare mongering out. It starts with the
A NEW fruit ripening facility at the Coastal Plains Research Farm has been welcomed by mango growers as an invaluable tool for the industry.14 Nov 14 A NEW fruit ripening facility at the Coastal Plains Research Farm has been welcomed by mango growers as an...
CONFIDENCE in the bull market is riding high, producing stellar results at this year’s Rockhampton Brahman Week Sale.
09 Oct 14 CONFIDENCE in the bull market is riding high, producing stellar results at this year’s Rockhampton Brahman Week Sale.