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 broader market is hovering close to unchanged as investors mull prospects for a cut in the Fed’s economic stimulus, while there has been a muted response to Westpac’s forecast of mild lending growth.
Tony Abbott and Joe Hockey have yet to understand the implications of helping drive General Motors out of Australia. It will leave the nation with deep scars, and Bill Shorten with a powerful political weapon.