It's hard to be an optimist on the day BHP Billiton starts culling its WA iron ore workforce, and the International Monetary Fund publishes a downbeat outlook of the global economy, but as with all forecasts if you look closely a silver lining can be spotted.
IMF safety net could lift rates - The Fin; Barnett won't buy Labor's new Sunday trade plan - The West; ABCC move 'risks $130bn' - The Fin; ASIC targets infrastructure investments - The Aus; Dollar not to blame for car woes: Fraser - The Fin
Global recovery stalled: IMF - The Aus; Slowdown sought on emissions talks - The Fin; Super-rich Chinese investor visits WA - The Fin; Energy giants facing claims - The Fin; Govt asked to explain its future plans for city - The West
West Perth financial advisory group Oakvale Capital has settled a dispute with former client Ceramic Fuel Cells Ltd, which will see Ceramic and its litigation funder IMF Australia receive $6.8 million.
Kingstream Steel creditors have been thrown a final lifeline in their bid for a multi-million dollar payout from Saint Barbara Mines, after litigation funder IMF Australia today agreed to fund an appeal against an adverse Supreme Court ruling last month.