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The Latest Breaking News from Alan Kohler

Alan Kohler: Banking is a paradox at the heart of capitalism

Banking is the confidence trick at the heart of capitalism, but preserving the trick has meant that banks have become arms of the state.

The New Daily

The Innovators: Alan Kohler on Australia’s green entrepreneurs and the hidden cost of AUKUS

Far-sighted Australians are advancing the frontiers of green technology. It's a pity they're doing it without much government support.

The New Daily

Alan Kohler: The Fed broke something, so the rate hikes are finished

US rate hikes only ever have a gradual impact on households, while in Australia the effect on the household sector is dramatic and immediate.

The New Daily

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Alan Kohler: Paying for AUKUS? Spending like Europe means taxing like Europe

Before the next election, Treasurer Jim Chalmers must find a way to credibly restore a balanced budget. This means new and higher taxes.

The New Daily

Alan Kohler: To defeat climate change, Australia must do the impossible

The climate argument between Labor and The Greens is as strange as the carbon-reduction target being impossible to meet.

The New Daily

Alan Kohler: The superannuation tax increase is a dress rehearsal

Jim Chalmers has hit upon a clever way to seek an election mandate for superannuation tax increases but book the revenue straight away.

The New Daily

Alan Kohler: Why the Ukraine war poses a grave and growing danger to Australia

Australia's problem is that Xi Jinping is fully invested in a 'no limits' pact with Putin. If China goes all-in, bad news for our exports.

The New Daily

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Alan Kohler: Super funds must define their objective, not government

While the government’s mission statement will be an important guide, it’s up to super funds themselves to 'walk the walk'.

The New Daily

Alan Kohler: RBA defence of interest-rate mallet highlights the truth about inequality

The first thing is that inequality is worsened by the responses to both low inflation and high inflation; it’s a lose/lose.

The New Daily

Alan Kohler: The undemocratic independent Reserve Bank

Politicians refer so often to the “independent” Reserve Bank that its initials should change to the IRBA, writes Alan Kohler.

The New Daily

Alan Kohler: ChatGPT is in the world, and defying expectations and regulations

Everybody is having a lot of fun at the moment playing with ChatGPT – asking it to explain itself and say whether it’s going to take our jobs.

The New Daily

Alan Kohler: Social repair, especially fixing Medicare, must trump budget repair

Medicare is “not going to be fixed in one budget”, which is true of course, but this one will set the scene for future budgets.

The New Daily

Alan Kohler: The RBA is fighting for its purpose … and its life

Let’s have a sort of “upper-level extension” to the RBA in the fight against inflation, writes Alan Kohler.

The New Daily

Alan Kohler: Australia’s new emissions trading scheme is a carbon tax. That’s fine

It won’t be the companies that swallow the cost of emissions reduction, it’ll be the customers who pay, writes Alan Kohler.

The New Daily

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The New Daily

Alan Kohler: Happy Australia Day. Let’s make it a two-day festival

January 26 is a ridiculous national day for Australia Day, but it’s the one we’ve got, and we’re stuck with it.

The New Daily

Alan Kohler: The Liberal Party is a retirement village for male baby boomers

The Liberal Party is not only seen as having no answer, it’s seen as part of the problem, writes Alan Kohler.

The New Daily

Alan Kohler: The internet is a battleground between billionaires and altruists

Governments need to get much more involved in regulating the giants of the internet, some of the most important infrastructure of our lives.

The New Daily

Alan Kohler: Three broken promises define 2022

Thanks to our unaffordable housing, Philip Lowe might not end up with a recession on his conscious, only the legacy of broken promises.

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The New Daily

Alan Kohler: Yes, ChatGPT has changed the world

The world has changed and will never be the same again – at least for teachers and schools it has. What they can do about it, I have no idea.

The New Daily

Alan Kohler: Why the Voice is an economic as well as moral issue

A First Nations Voice is fundamentally a moral question and a symbol of recognition, but it is also economic and political.

The New Daily

Alan Kohler: In a warming world, inflation targets need to rise

Will the RBA really bring about recession and an even greater housing crash than we’ve had already to get inflation under three per cent?

The New Daily

Alan Kohler: How two Australian chemists came up with a global solution for plastic

This Australian invention using heat and water to turn plastic and biomass into oil and fuel is one of the great hopes of mankind.

The New Daily

Alan Kohler: Why the Liberal Party lost, and could keep losing into oblivion

Can the Liberal Party actually pull itself out of this while remaining a centre-right party that is relevant to urban conservatives?

The New Daily

Alan Kohler: It’s national suicide by politics, it’s death by degrees

It’s time to consider removing decisions about climate change from the short-term political cycle.

The New Daily

Alan Kohler: The right to strike, and recessions we have to have

Ostensibly Labor's workplace laws are about "getting wages moving", but what it really comes down to is the right for workers to strike.

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