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.