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Alan Kohler to retire from the ABC after 31 years

Alan Kohler will retire from the ABC on the finish of this yr, capping a 3 decade-tenure on the nationwide broadcaster.

Kohler joined the ABC in 1995 as a industry correspondent and has been the lead finance presenter for the 7pm information since 2002. His trademark signoff – “And that’s finance” – has greeted viewers for years.

He stated in an announcement:

double citation markI like the ABC, all the time have, much more so after I joined it.

I discover it very onerous to think about this glorious place not being a part of my life, however I’m 74 and it’s time to spend extra time with my household, together with the six grandchildren.

His final report shall be 16 December.

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Albanese defends authorities’s efforts on price of residing

The prime minister, Anthony Albanese, is answering questions in Melbourne, a day after the Reserve Bank lifted rates of interest.

Albanese stated the Reserve Bank governor, Michele Bullock, made it clear yesterday that there are inflationary pressures within the macro economy which have been made worse by the warfare within the Middle East. But he stated the federal government has and can stay targeted on price of residing measures. He went on:

double citation markPeople are doing it powerful. People are underneath strain. That’s one of many the reason why we’ve appeared for financial savings within the finances.

The PM stated the Coalition had opposed a lot of these efforts: “You can’t say, ‘We need extra financial savings,’ after which oppose each saving which is put ahead.”

Albanese went on to say the Coalition had promised new spending and the repeal of tax measures with out talking about how they might be paid for.

double citation markHow are you able to say you’ll repeal the measures that have been put in place, such because the adjustments to capital positive factors tax and to damaging gearing, which have been put ahead – after which say that you just’re going to have a fiscally accountable coverage?

Anthony Albanese. Photograph: Matt Turner/AAP
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