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).
A collapse in mining investment is sure to shock the economy, but its timing and size remain a mystery to the Reserve Bank. However, the release of capital expenditure figures in coming days may dramatically reshape its outlook.
It means nothing for the Coalition to say that it supports growth while failing dismally at the task of creating a coherent economic policy. Here’s hoping the government injects some common sense into the budget.