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You really have to wonder about the Liberal Party. Only weeks after Peter Costello anoints the Opposition spokesman on health, Peter Dutton, as a future leader, and days after Malcolm Turnbull and Tony Abbott stress how important he is to the team, the party in effect dumps him from Parliament.

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THE Credit Suisse gambling analyst in Hong Kong has cut his earnings forecast for James Packer's Macau casino joint venture by 81 per cent after its latest casino opening disappointed the market in its first month of trading.

JUST as in the land of the blind the one-eyed man is king, economic theory has it that in times of commercial collapse, freebies thrive.