Earlier this month there was a very militant 48-hour strike of the New Zealand dockworkers over pay and conditions. As usual, the bosses, while getting fat salaries themselves, claim the dockworkers are already well paid!

Piero Barrachi was a pioneering Australian Communist, who threw himself into the struggle for a revolutionary party in Australia after the Russian revolution. Initially he did not understand the Stalinist degeneration but eventually he saw through it and joined the Trotskyists. Simon Williams reviews a book about his life.

Australian Capital Reserve recently went bust leaving thousands of small investors at risk of impoverishment, among them pensioners who were convinced to sink their life savings into their various speculative schemes. It has already been made clear that the small investors will be the last to receive any compensation, an example of what we may see elsewhere.

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