| Source: | ABC News |
|---|---|
| Published: | Thursday, October 2, 2008 5:41 AEST |
| Expires: | Wednesday, December 31, 2008 5:41 AEST |
The Council of Australian Governments (COAG) has agreed to a number of measures to help combat the global credit crisis following a meeting in Perth. The Prime Minister, Kevin Rudd, announced several reforms before taking questions from the media.
Former RBA boss Ian Macfarlane blames the global financial "mess" on bonus-hungry executives.
It is time to pay our politicians properly, says former Liberal MP Bruce Baird.
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AEDT = Australian Eastern Daylight Time which is 11 hours ahead of UTC (Greenwich Mean Time)
