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).
Eurozone inflation is expected to stay well below the ECB's target into 2016, but the bank will be waiting for firmer forecasts and eyeing bank stress tests as it weighs up the pros, cons and possible timing of unconventional policy.
A steep and structural increase in the gold sector's cost base has raised debate about whether big miners like Barrick and Newmont should continue to push for scale or instead focus on shareholder returns.
BHP has decided to trim its spending on the Jansen potash project in Canada as it reins in boom-time capital investment plans, but argues that will not affect the longer term development of the project.
With a big transforming acquisition off the table, Bernie Brookes will be thinking hard about Myer’s options to release pressure -- and aware that improved earnings would make his store even more vulnerable to predators.
The South African Woolworths takeover bid for David Jones will see Myer cut off from its only obvious means of transformation in a low-growth environment. But there is a vulnerability to the bid that a rival may exploit.