The Prime Minister, Kevin Rudd, has warmly welcomed the plan announced overnight by the US Treasury Secretary, Timothy Geithner, to use public and private money to purge toxic assets from US banks.
Mr Rudd said these actions were needed globally to restore credit flow, including to Australian banks and businesses.
Mr Rudd is scheduled to meet the US President, Barack Obama, tomorrow morning, Sydney time. The two are expected to discuss the global financial crisis and Afghanistan.
The best watchmakers in the business showed off their new releases at Baselworld in Switzerland.
Formula One car maker McLaren will use race technology to build commercial sports cars.
From technology to office gossip, work place distractions seem to be getting worse.
As if a Porsche isn't enough of a status symbol, the German luxury sports car company is marketing a mobile phone to Porsche owners.
The Biggest Loser trainer Steve Willis reveals his fitness and weight loss secrets.
Percentages denote the interest rate
Percentages denote the interest rate
Percentages denote the interest rate
Percentages denote the comparison rate
