In 2008 after a decade of prosperity, economies around the world began experiencing the effects of the most severe global financial crisis since the Great Depression. Daily news reports of falling profits and share prices, corporate collapses and large-scale employee redundancies became commonplace. The contemporary business landscape and future outlook has changed markedly as a result. This workoutlines how and why the crisis happened, and explores its impact on Australasian organisations and business practices. It is an ideal resource to complement undergraduate university studies on this important topic for any business discipline - management, marketing, accounting, economics and finance.