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The Latest Breaking News from Alan Kohler

Alan Kohler: Crypto and the end of the beginning

Will FTX’s collapse mean the end of crypto? Well, some of the 3000 or so cryptocurrencies, or at least it should.

The New Daily

Alan Kohler: How to fix the budget – turn back time

Forty years of fiddling has disastrously undermined the tax system for short-term political gain (what a surprise!).

The New Daily

Alan Kohler: COP27 – we’ll do it this year, for sure, you just wait

Labor’s first term will be characterised by wrestling with business over wages and climate – a process that will be repeated around the world.

The New Daily

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Alan Kohler: Economists disagree on where interest rates are heading – shock

It’s hard to recall a time when the interest rate forecasts of economists were as widely, and wildly, different as they are now.

The New Daily

Alan Kohler: The twitterverse bows to the chief twit, Elon Musk

Can Elon Musk convince enough Twitter users to switch where they bank and shop to his newly-acquired platform, asks Alan Kohler.

The New Daily

Alan Kohler: Jim Chalmers delivers a responsible budget, with no repair and no relief

The last time a new government brought down its first budget, in 2014, it was a disaster for all concerned.

The New Daily

Alan Kohler: Deficits and debt are about politics, not economics

Chalmers' budget has no surpluses, only deficit and debt. His “big national conversation” needs to be about why that’s OK.

The New Daily

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Alan Kohler: Make flood levees investment assets for super funds

Australia’s super funds have over $3 trillion looking for long-term assets. Flood levees create value for the government and the community.

The New Daily

Alan Kohler: Labor’s immigration and housing policies are an explosive combination

If the Labor government doesn’t start co-ordinating its immigration and housing policies, the mixture will be explosive.

The New Daily

Alan Kohler: Working from home is a proletariat revolution

Whether company managers like it or not working from home has taken over – they can’t control it and it can’t be undone.

The New Daily

Alan Kohler: America, Britain, Russia and China are killing themselves, all in their own way

Australia is a spectator to the efforts at self-destruction going on elsewhere, and will be participants in their misery when they succeed.

The New Daily

Alan Kohler: Past budgets and tax cuts are a foreign country

When LP Hartley wrote “the past is a foreign country: they do things differently there”, as the first line of his novel The Go-Between, he was on about

The New Daily

Alan Kohler: The RBA has done enough – it would be reckless to keep hiking rates

The RBA has already done enough: it would be reckless, heartless and dangerous to keep raising interest rates, Alan Kohler writes.

The New Daily

Alan Kohler: Reserve Bank the best bet to save humanity from climate crisis

Here’s a crazy idea: give the job of dealing with climate change to the Reserve Bank, Alan Kohler writes.

The New Daily

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The New Daily

Alan Kohler: To reform financial advice, start again

The regulation of financial advice in Australia has been a disaster, swinging from not enough to too much of the wrong sort. We need a new copper.

The New Daily

Alan Kohler: Business is on a hiding to nothing at the jobs summit

Australia’s businesses and their leaders will show up at this week’s Jobs and Skills Summit with one thing in mind – give us more workers.

The New Daily

Alan Kohler: Evan Thornley’s plan to get super funds into housing

The Keating iron fist in the Chalmers’ velvet glove is that if the super funds don’t invest in housing voluntarily, the Labor government will make them.

The New Daily

Where do the RBA and economists now stand on wages growth?

Decision makers are torn between wanting to lift wages for fairness and consumption, and wanting to keep wages down to control inflation.

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The New Daily

Alan Kohler: The hubris of central bankers and the limits of money

Once again central banks, including Philip Lowe’s Reserve Bank, have kept extreme monetary policies in place for too long

The New Daily

Alan Kohler: How Anthony Albanese can do a Joe Biden on climate change

US President Joe Biden made a clever move to get his climate action bill passed through Congress this week. Anthony Albanese should take note.

The New Daily

What if we had to sanction China?

China has become an aggressive, revisionist power, nourished by arrogance built from the economic strength that comes from decades of growth.

The New Daily

Alan Kohler: Labor must abandon the Stage 3 tax cuts. Big government must be funded

Relying on central banks to support growth by printing money is clearly not viable because of what that does to inequality. Government will have to step up.

The New Daily

Alan Kohler: Labor’s climate change safeguard mechanism is going to be a minefield

No wonder Labor has allowed 12 months to sort the details of the climate bill's safeguard mechanism reform. It’s going to be a minefield.

The New Daily

Alan Kohler: The Reserve Bank is a renovator’s delight

The most controversial task of the panel reviewing the Reserve Bank will be to decide whether Governor Philip Lowe committed a sackable offence.

The New Daily

Alan Kohler: Small government and free markets – ideology or greed?

A desire to pay less tax is part of the conservative mindset, which will make it more persistent even if Professor Stiglitz is right about government.

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