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).
It was a tumultuous year in both economics and politics and Business Spectator's readers spoke with their clicks. Your most read stories addressed the housing boom, or bust; a vitriol-laced election; a raid on superannuation or the pivot on the NBN; and the wasted opportunities of the mining boom.
There was no shortage of fodder for keen observers this year, including Julia Gillard’s dramatic fall from power, Holden’s not-so-surprise exit and the capitulation of Jaymes Diaz. GASP hands out the trophies for the biggest winners and losers of 2013.
Telstra’s sale of Hong-Kong based CSL is a prudent move to exit a heavily saturated market ripe for consolidation. It also provides the telco with more financial firepower to build on its growth strategy in Asia.
ANZ's board are exposing shareholders and depositors to a very risky business by lending money to coal projects. Approvals by Australian state governments won't save them from global concern to act on climate change.