Huge Job For Rudd's Right-hand Woman

THE incoming Deputy Prime Minister, Julia Gillard, plans to create a new super-department from which she will simultaneously oversee Kevin Rudd's "education revolution" and dismantle Work Choices.

Subprime Flare-up Burns Banks

A NEW wave of subprime mortgage woes is hammering the world's largest banks, with job cuts and write-downs expected from Wall Street to London's City.

Fraud Alert Sparks British Crisis

ALMOST half of Britain's population is on alert to the threat of identity theft as an embattled Chancellor of the Exchequer fights to keep his job after admitting that the personal records of 25 million people have been lost in the mail.

Dragon Ends Its Year In A Blaze Of Glory

ST GEORGE BANK has declared the worst is over for the poorly performing NSW economy and predicts strong revenue growth will push the group through the $1.25 billion net profit mark in the coming year. But while the acting chief executive, Paul Fegan, was emphatic that the post-Kelly era was well under way thanks to a particular strong second-half performance, there was still no sign that the board was ready to appoint a permanent replacement.

Earnings Surge Boosts St George

ST GEORGE acting chief executive Paul Fegan has staked his claim to the top job with a clean profit result that raised the bank's shares.