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 British government's assumption of Royal Mail liabilities is the latest example of continuous accounting loophole exploitation designed to pretty up its balance sheet at the expense of tax payers and market clarity.
The IS-LM economic model favoured by Paul Krugman only works if the economy is in equilibrium. As soon as you acknowledge this isn't the case, it fails.
Some of the recent surge in shares has been attributed to hedge funds covering short positions in sectors like retail. But that's only just begun.
The British government's assumption of Royal Mail liabilities is the latest example of continuous accounting loophole exploitation designed to pretty up its balance sheet at the expense of tax payers and market clarity.
The politicians and the electorate can do with a good dose of realism about what can actually be delivered by any government – Labor or Coalition – in terms of high-speed broadband and how long it will take to deliver it.
Super fast broadband speeds could equal endless illegal downloading. But music consumers have already shown they will happily pay for convenient online providers.
App makers may be keen to leverage Facebook's massive reach to grow their business but it also leaves them at the mercy of the social network, which can turn off the tap at any time.
In the last several years, climate denial has developed into a political and cultural movement and it's hard not to see the parallels to the response to Einstein's general theory of relativity.
CEOs outline changing views on corporate spending and profits, their economic expectations and political dissatisfaction, including advice for Julia Gillard and Tony Abbott.
UK-based Zeebox wants to be the intermediary for all social media-television interactions. It will not only have to lure viewers, but the networks themselves.
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