Alan Kohler is one of Australia’s most experienced commentators and journalists. Alan is the founder of Eureka Report, Australia’s most successful investment newsletter, and Business Spectator, a 24-hour free business news and commentary website. He also hosts Inside Business, a half-hour Sunday programme on the ABC, is the finance presenter on the ABC News - and producer of the nightly graph (or two).
The long-standing correlation in global economic data is being challenged. It reveals profound tensions underneath the world's central bank-inspired stability.
After months of campaigning against 'wasteful' Labor management, Tony Abbott will be aware similar scrutiny will apply to his government, should the Coalition win.
Google's new product announcements typically impress. But this latest announcement about Google Music shows that the company is happy to copy other incumbents and not blaze its own path in the digital music scene.
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The US Supreme Court's decision whether to take up any of the petitions against climate change regulations could shape or shatter the Obama administration's efforts to solidify its climate change agenda.
CEOs outline changing views on corporate spending and profits, their economic expectations and political dissatisfaction, including advice for Julia Gillard and Tony Abbott.
UK-based Zeebox wants to be the intermediary for all social media-television interactions. It will not only have to lure viewers, but the networks themselves.
Not long ago, Tony Abbott held the upper hand in media coverage and it felt like Australia had no prime minister at all. Ironically, as we enter an election year, the tables have turned.
An accurate summation Michael (Time wrought Gillard's transformation, January 23).
Now that Christmas is over and parliament has yet to resume, politicians will be considering the next election and their future.
Who would be better to lead the Liberals to the Polls? The deeply unpopular Abbott or the more charismatic Turnbull?
Abbott may not make it to the next election. Nine months is plenty of time for Turnbull to put on a charm offensive and win back the female vote.
The Liberals would be better off letting Abbott go after the attack dog work in the last three years and putting in Turnbull, someone with far less baggage who can win the election.
Tony Simons,
Gillard is a Thatcherite who like Abbott and Howard are only interested in gaining and holding power (At least Thatcher had a political agenda). If Turnbull replaces Abbott who must be an embarrassment to many in the Opposition, Gillard could be in jepardy (Time wrought Gillard's transformation, January 23).
Pia Robinson,
Shame that all and any reference to legislative achievement is left out of this piece. Has been a good Minority Govt, and the work it has done is also a factor (Time wrought Gillard's transformation, January 23).
Roger R,
Let me rewrite it slightly (Time wrought Gillard's transformation, January 23).
Julia Gillard faced three big problems: that Labor did not win majority government in 2010, that Tony Abbott enjoyed support from the mainstream media as total as it was undeserved, and Kevin Rudd’s obvious machinations both for revenge and for return.
But Julia Gillard has managed to do what many commentators were happy to be persuaded was beyond her; survive the political savagery of her ascension to the job, survive the verbal savagery of the personal attacks on her by some leading members of the opposition (including Tony Abbot) and the Hard Right mainstream media commentators, and give Labor a fighting chance in 2013.
To the Hard Right-dominated media Labor's greatest crime is not to embrace Austerity and institutionalising ruling class power by joining Joe Jockey in announcing the End of the Age of Entitlement.
In the public mind her high point as a personality in 2012 was her misogyny speech, which the mainstream media worked to downgrade to a minor tantrum in which Tony Abbott was often portrayed as the victim. In contrast, her speech was enormous popular with social and international media. It also considerably improved her standing with the public, while causing serious damage to an Opposition Leader whose unrelenting destructiveness inevitably reinforced such charges.
Cedric Petersen,
I totally disagree with all the points made in this article. Please Michael, name just one achievement of this government. Or if available, make a list of her achievements and put a price, or an income figure generated through these individual achievements (Time wrought Gillard's transformation, January 23). And then, do exactly the same for her failures. Do you remain convinced that this is a good government? The Labor Government has cost Australia a large amount of money.
Finlay Brown,
An interesting piece from a journo I have long felt had genuine credibility. Not sure that there is much balance in this story however (Time wrought Gillard's transformation, January 23). I was particularly taken with; "She is still disliked and distrusted by a significant, if shrinking, minority of Australians". Two words; "shrinking" and minority" should be questioned. Presumably Michael has some hard proof of this. Thought that there needed to be some comment on her judgment - including handling of the AWU affair. Realise that this was written pre-Novis which, given our short term attention span, will remain flavour of the month. Yes, there are both pluses and minuses about the Gillard leadership but I would suspect that many of us, probably not a shrinking minority, are deeply troubled by the pure, unadulterated political opportunism which has dominated her reign.
Richard Hughes,
This is another example of the left wing press seeking to build support for a terrible Prime Minister and government prior to the election (Time wrought Gillard's transformation, January 23). The argument for Gillard seems to be that the country has survived so far so it must be alright! My cohort know that it is necessary to heed the past to avoid future mistakes. I suspect that the electorate will pay attention to that truism at the election and opt for another way forward - the one less likely to take future generations deeper into debt. It is a conundrum that while the vocal left and much of the press are now trying to make a positive case for Gillard, she remains anathema to many middle class Australians. I agree that those who wish to see the back of Gillard and the Government are neither a 'minority' nor 'shrinking'.
Barry Adamson,
Australia still does not have a Prime minister (Time wrought Gillard's transformation, January 24). What we have is a dictator in the making who will cut any deal to ensure their own personal survival. All in the interests of the party and the nation - naturally. Just ask the good people of the Northern Territory. Confidence in the integrity of the three arms of democratic government are being undermined in reality and in the eyes of the powerless voters - parliament, the judiciary and the public service. Accepted practice and process out the door. Next Captain's Choice could well be an election date in 2014 or later. Now that would be the right thing to do!
Beth Smith,
Perhaps writers of complimentary columns like this one won't be so carried away when current police investigations into allegations surrounding the creation of a false Power of Attorney gather momentum. Such a misdemeanour would be an unforgivable electoral deal breaker (Time wrought Gillard's transformation, January 23).
When newspaper columnists omit highly important aspects of their subjects of public interest, they tend to lose credibility.
There are probably as many people out here in the real world who do not expect Julia Gillard to survive within Labor after the Slater and Gordon events are factually and fully aired. They are probably already plotting her political demise. Prime Ministers must have backgrounds of the highest standards, beyond reproach in terms of demonstrated honesty and trustworthiness, or they will find themselves run out of business.
Stanley Taylor,
How any one can have any faith left in the labor government and the so called independents is simply beyond my understanding (Time wrought Gillard's transformation, January 23). Howard was a very bad prime minister with his gst and subsequent spending on middle class welfare. Gillard is a liar,a backstabber and borrowing money to spend on crazy stupid wastefull schemes.
What's the matter with people that they cannot and will not look at what the labor party is doing to australia?
Damien Smith,
Michael , read Michael Smith's blog this morning and then reaffirm the sentiments of sopport you expressed for the P.M. in this article ---words fail me !!! (Time wrought Gillard's transformation, January 23.)
Bruce Michell,
Gillard has the hallmarks of many far left politicians of failed communist governments (Time wrought Gillard's transformation, January 23). She bribes some with the results of the efforts of others that she steals. Thatcher observed accurately that such politicians will spend other people's money until the money runs out. I am amazed at how synchophantic certain of the media are and how lacking in basic economic thought they are. Many of the commentariat including Michael, give rapturous applause for the concept of the NDIS and Gonski schemes without ever analysing the detail, or possibility of those schemes can be brought into operation. Michael's unrelenting bias is evident when analysing Abbotts strengths and dismissing the fact that of the two leaders, Abbott has performed his (elected) task on behalf of the people of Australia with consummate skill and has kept the government to account. If Michael approves of the Australia Day attempted attack on Abbott in 2012, let him say so and declare his reporting bias.
Not only do we have pygmies in politicts, but their tenure is made easier by reporters such as Michael.
And to finish, if Gillard and her strident left wing AG manage to get this muzzle on free speech imposed on the electorate, you could presumably sue me because I have offended you by bringing you to task. Such are the people you support. Give me Abbott any day. At least you know what he stands for.
Chris Barker,
This report surely is as out of touch with the real world the same way a lady on the Q and A TV programme recently said - "the Govenment gave me my [false] teeth, my hair [wig?], my medical attention and tablets" and thats why I vote Labor - with no apperent realisation it was the tax paying Private sector members of our society that really paid for it all . . . On a similar point . . . and food for though . . . .why do Pubic Sector employees pay tax anyway as it all goes round in a circle as Gov pay them, and then tax the money, and pay it back to them in the next month with a top up from the Private sector to pay their high salaries at the levels they get paid. We have a group of people do this every month in the ATO and as a department we have created another group of Gov beauracrats paid to do this - it is like Mad Hatter land . . . whereas the Private sector have been directed by Government [under severe threats and penalities and accountants paid by them] to fill out all the Tax forms deduct taxes from their employees and shoppers[GST] and their business [Payrol Tax] and then send the money to the Government [so the ATO do no work except take the money and send out a bunch of tax inspectors to make sure the private sector comply with law [including the new ones recently passed by Parliment on theCarbon Tax , MMRTax etc. . ]. Make one wonder how the smaller private sector group of people in the country carry this great burden . . . They are then admonished to do so more productivly and improve their productivity . . . . Lets report on the real world fro time to time and not rubbbish We need to radically change our mind set to have a better Government and improve our Productivity instead of living with the worst Government we have ever had . . .
Comments on this article
Comments PolicyAn accurate summation Michael (Time wrought Gillard's transformation, January 23).
Now that Christmas is over and parliament has yet to resume, politicians will be considering the next election and their future.
Who would be better to lead the Liberals to the Polls? The deeply unpopular Abbott or the more charismatic Turnbull?
Abbott may not make it to the next election. Nine months is plenty of time for Turnbull to put on a charm offensive and win back the female vote.
The Liberals would be better off letting Abbott go after the attack dog work in the last three years and putting in Turnbull, someone with far less baggage who can win the election.
Gillard is a Thatcherite who like Abbott and Howard are only interested in gaining and holding power (At least Thatcher had a political agenda). If Turnbull replaces Abbott who must be an embarrassment to many in the Opposition, Gillard could be in jepardy (Time wrought Gillard's transformation, January 23).
Shame that all and any reference to legislative achievement is left out of this piece. Has been a good Minority Govt, and the work it has done is also a factor (Time wrought Gillard's transformation, January 23).
Let me rewrite it slightly (Time wrought Gillard's transformation, January 23).
Julia Gillard faced three big problems: that Labor did not win majority government in 2010, that Tony Abbott enjoyed support from the mainstream media as total as it was undeserved, and Kevin Rudd’s obvious machinations both for revenge and for return.
But Julia Gillard has managed to do what many commentators were happy to be persuaded was beyond her; survive the political savagery of her ascension to the job, survive the verbal savagery of the personal attacks on her by some leading members of the opposition (including Tony Abbot) and the Hard Right mainstream media commentators, and give Labor a fighting chance in 2013.
To the Hard Right-dominated media Labor's greatest crime is not to embrace Austerity and institutionalising ruling class power by joining Joe Jockey in announcing the End of the Age of Entitlement.
In the public mind her high point as a personality in 2012 was her misogyny speech, which the mainstream media worked to downgrade to a minor tantrum in which Tony Abbott was often portrayed as the victim. In contrast, her speech was enormous popular with social and international media. It also considerably improved her standing with the public, while causing serious damage to an Opposition Leader whose unrelenting destructiveness inevitably reinforced such charges.
I totally disagree with all the points made in this article. Please Michael, name just one achievement of this government. Or if available, make a list of her achievements and put a price, or an income figure generated through these individual achievements (Time wrought Gillard's transformation, January 23). And then, do exactly the same for her failures. Do you remain convinced that this is a good government? The Labor Government has cost Australia a large amount of money.
An interesting piece from a journo I have long felt had genuine credibility. Not sure that there is much balance in this story however (Time wrought Gillard's transformation, January 23). I was particularly taken with; "She is still disliked and distrusted by a significant, if shrinking, minority of Australians". Two words; "shrinking" and minority" should be questioned. Presumably Michael has some hard proof of this. Thought that there needed to be some comment on her judgment - including handling of the AWU affair. Realise that this was written pre-Novis which, given our short term attention span, will remain flavour of the month. Yes, there are both pluses and minuses about the Gillard leadership but I would suspect that many of us, probably not a shrinking minority, are deeply troubled by the pure, unadulterated political opportunism which has dominated her reign.
This is another example of the left wing press seeking to build support for a terrible Prime Minister and government prior to the election (Time wrought Gillard's transformation, January 23). The argument for Gillard seems to be that the country has survived so far so it must be alright! My cohort know that it is necessary to heed the past to avoid future mistakes. I suspect that the electorate will pay attention to that truism at the election and opt for another way forward - the one less likely to take future generations deeper into debt. It is a conundrum that while the vocal left and much of the press are now trying to make a positive case for Gillard, she remains anathema to many middle class Australians. I agree that those who wish to see the back of Gillard and the Government are neither a 'minority' nor 'shrinking'.
Australia still does not have a Prime minister (Time wrought Gillard's transformation, January 24). What we have is a dictator in the making who will cut any deal to ensure their own personal survival. All in the interests of the party and the nation - naturally. Just ask the good people of the Northern Territory. Confidence in the integrity of the three arms of democratic government are being undermined in reality and in the eyes of the powerless voters - parliament, the judiciary and the public service. Accepted practice and process out the door. Next Captain's Choice could well be an election date in 2014 or later. Now that would be the right thing to do!
Perhaps writers of complimentary columns like this one won't be so carried away when current police investigations into allegations surrounding the creation of a false Power of Attorney gather momentum. Such a misdemeanour would be an unforgivable electoral deal breaker (Time wrought Gillard's transformation, January 23).
When newspaper columnists omit highly important aspects of their subjects of public interest, they tend to lose credibility.
There are probably as many people out here in the real world who do not expect Julia Gillard to survive within Labor after the Slater and Gordon events are factually and fully aired. They are probably already plotting her political demise. Prime Ministers must have backgrounds of the highest standards, beyond reproach in terms of demonstrated honesty and trustworthiness, or they will find themselves run out of business.
How any one can have any faith left in the labor government and the so called independents is simply beyond my understanding (Time wrought Gillard's transformation, January 23). Howard was a very bad prime minister with his gst and subsequent spending on middle class welfare. Gillard is a liar,a backstabber and borrowing money to spend on crazy stupid wastefull schemes.
What's the matter with people that they cannot and will not look at what the labor party is doing to australia?
Michael , read Michael Smith's blog this morning and then reaffirm the sentiments of sopport you expressed for the P.M. in this article ---words fail me !!! (Time wrought Gillard's transformation, January 23.)
Gillard has the hallmarks of many far left politicians of failed communist governments (Time wrought Gillard's transformation, January 23). She bribes some with the results of the efforts of others that she steals. Thatcher observed accurately that such politicians will spend other people's money until the money runs out. I am amazed at how synchophantic certain of the media are and how lacking in basic economic thought they are. Many of the commentariat including Michael, give rapturous applause for the concept of the NDIS and Gonski schemes without ever analysing the detail, or possibility of those schemes can be brought into operation. Michael's unrelenting bias is evident when analysing Abbotts strengths and dismissing the fact that of the two leaders, Abbott has performed his (elected) task on behalf of the people of Australia with consummate skill and has kept the government to account. If Michael approves of the Australia Day attempted attack on Abbott in 2012, let him say so and declare his reporting bias.
Not only do we have pygmies in politicts, but their tenure is made easier by reporters such as Michael.
And to finish, if Gillard and her strident left wing AG manage to get this muzzle on free speech imposed on the electorate, you could presumably sue me because I have offended you by bringing you to task. Such are the people you support. Give me Abbott any day. At least you know what he stands for.
This report surely is as out of touch with the real world the same way a lady on the Q and A TV programme recently said - "the Govenment gave me my [false] teeth, my hair [wig?], my medical attention and tablets" and thats why I vote Labor - with no apperent realisation it was the tax paying Private sector members of our society that really paid for it all . . . On a similar point . . . and food for though . . . .why do Pubic Sector employees pay tax anyway as it all goes round in a circle as Gov pay them, and then tax the money, and pay it back to them in the next month with a top up from the Private sector to pay their high salaries at the levels they get paid. We have a group of people do this every month in the ATO and as a department we have created another group of Gov beauracrats paid to do this - it is like Mad Hatter land . . . whereas the Private sector have been directed by Government [under severe threats and penalities and accountants paid by them] to fill out all the Tax forms deduct taxes from their employees and shoppers[GST] and their business [Payrol Tax] and then send the money to the Government [so the ATO do no work except take the money and send out a bunch of tax inspectors to make sure the private sector comply with law [including the new ones recently passed by Parliment on theCarbon Tax , MMRTax etc. . ]. Make one wonder how the smaller private sector group of people in the country carry this great burden . . . They are then admonished to do so more productivly and improve their productivity . . . . Lets report on the real world fro time to time and not rubbbish We need to radically change our mind set to have a better Government and improve our Productivity instead of living with the worst Government we have ever had . . .