Alan Kohler is one of Australia’s most experienced business commentators. 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).
Many retirees will have assumed the super guarantee, with a pension, would look after them in retirement. As the housing market shifts, that premise will come under challenge for a significant segment.
Super funds invest hundreds of billions of dollars in Australian firms, make a handsome profit, and then return dividends to fund owners. So how can a third of retirees be living below the '60 per cent poverty line'?
Australia is at a cross-roads in relations between Muslims and non-Muslims. By committing $13m in various programs to help young Muslims at risk of radicalisation, Tony Abbott has taken a step in the right direction, but it's nowhere near enough.
Despite Tony Abbott's Gonski commitment, the highly emotive public-private school funding debate is still going strong. And some recent studies reinforce the fact that not all private schools are equal.
Bill Shorten has wasted no time in portraying Joe Hockey as a cigar-puffing member of the economic elite, but Labor's array of career politicians hardly represent the struggles of ordinary Australians.
China's middle classes will fuel the 'dining boom', but attempts to become the country's food bowl by selling cheap, average products won't get us far. Australia's strength is in niche, high-quality items, which we can export at a premium.
Churning out more and more university graduates who can't think for themselves will do little to improve the economy. What we need is a return to the civil and critical thinking that universities used to teach.
Poll-driven Canberra simply doesn't have the circuit-breaking capacity of Andrew Forrest's private enterprise. But Clive Palmer will be able to take up Forrest's message of government indigenous welfare failure and run with it.
Howard and Costello were criticised when they delivered their harsh first budget, but the RBA's rate-cutting spree and the union movement's blunders helped to buoy public sentiment. Hockey and Abbott have had no such luck.