Alan Kohler is one of Australia’s most experienced commentators and journalists. Alan is the founder of Eureka Report, Australia’s most successful investment newsletter, and Business Spectator, a 24-hour free business news and commentary website. He also hosts Inside Business, a half-hour Sunday programme on the ABC, is the finance presenter on the ABC News - and producer of the nightly graph (or two).
The market was already factoring in a tapering of QE before Ben Bernanke's comments last night, and the fact we saw a mass exodus from risk assets suggests the Fed's program might have worked too well.
Bad loans in China's provincial businesses have been as high as 80 per cent because rural banks are beholden to the demands of local officials. It is critical for China's rural development that these banks stop receiving bailouts.
The implementation of Queensland’s Health Payroll system will be remembered as one of the most disastrous IT projects in Australia's history. How did things go wrong? And is a $1.25 billion lesson enough to ensure that the bungle isn't repeated?
Labor’s ambitious NBN vision looks to be on its last legs but that hasn't stopped NBN Co from carrying on with its business. The Coalition isn't going to like the new Transfield deal but then again it has bigger fish to fry right now.
The implementation of Queensland’s Health Payroll system will be remembered as one of the most disastrous IT projects in Australia's history. How did things go wrong? And is a $1.25 billion lesson enough to ensure that the bungle isn't repeated?
A final evaluation from the Central Victorian Solar City provides another insight into the household electricity demand fall – and the potential for further reductions.
CEOs outline changing views on corporate spending and profits, their economic expectations and political dissatisfaction, including advice for Julia Gillard and Tony Abbott.
UK-based Zeebox wants to be the intermediary for all social media-television interactions. It will not only have to lure viewers, but the networks themselves.
The election of a reformist president in Iran may lead to the lifting of sanctions. Given Iran's resource riches, fast-moving Australian firms could be the beneficiaries.
Mario Draghi's capacity to protect the euro will hinge on a ruling by Germany's constitutional court in October. Early signs suggest the court is willing to make tough decisions to protect German finances.
The bond market is understandably jumpy about what Ben Bernanke says tonight but the Fed is unlikely to abandon its control of the 'biggest bond bubble' in history.
While Abenomics has the Japanese economy humming, inflation is still in negative territory. Structural reforms, especially in the labour market, could give the CPI a kick.