500 Melbourne jobs to go at Boeing, hissy fit from unions [The Australian]

I love this quote from the union secretary: "It is not acceptable that an American transnational decides to wreak havoc on the domestic aerospace industry quite without any necessity."

Lower oil price expected to boost Australian market [The Australian]

What if this is because of lower aggregate demand due to the possibility of an impending global recession?

American car makers expect help from Government to make cars people will actually buy [SMH]