Onya #AlanKohler :awesome: :akko_fistup: you make watching the news worthwhile

Oh dear, no, Alan, no.

A rare slip-up, IMO, by the inestimable #AlanKohler @AlanKohler. His handful of #TinaTurner references in his nightly #730 #Finance report were clunky, jarring, & well below his usually sophisticated pop-culture references standard. Ofc he was going for a homage, but to me it came across more as just a tad tawdry.

#AlanKohler is a national treasure 😆 employment economics measured in MCGs 🏟️🏟️🏟️🏟️

#AlanKohler is delightful to watch 😂 #ABCnews

#alankohler
https://thenewdaily.com.au/finance/2023/02/21/super-funds-government-kohler/

Scrap stage three tax cuts. They are regressive. Why must the poorest pay to fix inflation?
Here’s #AlanKohler. I like the cut of his jib.
“…it is perfectly clear that there is no obvious economic benefit from lower taxation, and if anything, the reverse applies.
“Why is that? Well, that seems pretty obvious to me: Education and health care are far more important to economic growth than how much money the professional and business classes get to keep of what they make.
“I doubt this information will ignite a light bulb above any political head, followed by the return of a 67 per cent top marginal income tax rate.
“In fact, the Labor government has even promised to keep the Coalition’s Stage 3 tax cuts, which make the tax system less progressive, not more, so even Labor is on board with the myth that lower taxes promote growth.
“But Philip Lowe has raised the concept of inequality, and he should keep at it.”

https://thenewdaily.com.au/finance/2023/02/20/rba-interest-rates-kohler/

#auspol #WageCrisis #Economics #JimChalmers

@peterrelph2
this is so poignant (as is all of #AlanKohler's thinking)

"So let’s talk about #inequality.

There’s no better way to illustrate this than with Philip #Lowe himself, in the context of the history of the #RBA.

Dr Lowe’s salary in 2022 was $911,728 pa, which was one-eighth of the $7 million base salary, before bonuses, of Matt Comyn, CEO of Commonwealth Bank, from which the RBA was created. (CBA used to be Australia’s central bank until the RBA was spun out of it in 1959).

In 1992, when the Commonwealth Bank was eventually privatised, the salary of its CEO, David Murray, was a little more than $400,000, up from the $300,000 of his predecessor, Don Sanders.

By the way, those amounts would be $850,000 and $640,000 today, adjusted for inflation, not $7 million.

Does Matt Comyn need to earn as much per month as David Murray and Bernie Fraser made per year between them to keep the wolf from his family’s door? Of course not."

@alankohler @thenewdailyau
https://thenewdaily.com.au/finance/2023/02/20/rba-interest-rates-kohler/

#alankohler should have been on #insiders yesterday not those wet gossip rags.

https://thenewdaily.com.au/finance/2023/02/20/rba-interest-rates-kohler/

"Let's call it social repair"

Excellent Op-Ed by #AlanKohler today

#auspol

https://thenewdaily.com.au/finance/news-federal-budget/2023/02/06/medicare-budget-social-repair/

Definitely worth a read. #Internet #Twitter #AlanKohler @AlanKohler https://thenewdaily.com.au/finance/2023/01/19/internet-billionaires-bitcoin-kohler/

https://thenewdaily.com.au/finance/2022/11/24/climate-change-action-kohler/

#alankohler #climatechange #auspol

@samhkennedy@mastodon.samadam.au