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).
Up until recently, historically low levels of debt and cheap equity appeared to fuel a bumper year for M&A transactions, but the withdrawal of two big deals this week suggests a fresh bout of instability.
David Thodey managed to lock in a huge NBN bounty with Labor, largely because Rudd wasn't across the numbers and Conroy was anxious to get a deal done. Telstra's CEO has big plans on how to spend that money.