Alan Kohler is one of Australia’s most experienced economists. Alan has been a trusted source of investment advice to Australians for many years, and in 2005 he founded Eureka Report - Australia’s #1 online investment report. Along with Robert Gottliebsen and Stephen Bartholomeusz, Alan also founded Business Spectator, the popular business news and commentary website. Alan is the regular finance presenter on the ABC News and producer of the popular nightly graph (or two).
Australia's dependence on imported goods comes at a substantial cost. Maintaining current levels of prosperity will require a shift from volatile booms to value-adding businesses before it is too late.
Whether or not you accept the ECB's view on new euro strength as a deflationary risk, the need for a weaker currency is not a given. In fact the ideal exchange rate for each euro country is vastly different.
As the Scottish referendum looms, the UK is spruiking the EU’s benefits to Europhile Scots while lambasting it to sceptics. And Scotland wants to retain both EU and English ties on its own idiosyncratic terms.
The centenary of World War I will see many commentators looking to draw parallels between the political ructions of today's Europe and the calamity that led to the Great War. It should not be used as justification for failing European integration.