$A surges towards US76¢ level

The Australian dollar leapt to an eight-month high to approach US76¢, as commodity currencies lifted around the world.

In defence of short sellers

Australia is under attack from short-sellers who are betting against our prosperity. But is it in our interests to deride them?

Could Aussie banks go bust?

The big question is how to assess the likelihood the banks will default on their debts and go bust.