You won't get an honest answer about how bad mass migration is and has been for young Australians.  ABC spokesman

Let's see: Thinks high taxes make people happy. Believes the sky is falling in due to climate change. Thinks falling house prices is a good idea. Believes in Modern Monetary Policy. Adores Paul Keating. Doesn't see an issue with excess immigration with no integration. Thinks AI is going to kill us all and not make our lives better. That's it!! Turn the bloody ABC OFF.

I think ABC retirees who have had a lifetime on the public purse, should have a higher level of tax levelled on them, given their work has not contributed the economy in their lifetime

Imagine the temerity of proposing of promoting the idea of imposing more tax on us…

Didn't he say that Canada was going fine after cutting immigration but if Pauline does it it would be catastrophic??

How can i be productive when i have to play hunger games searching for rent that i can even afford. Mass migration is the big elephant in the room but all these tax payer funded beurocrats and ABC "experts" refuse to acknowledge

needn't worry about a wealth tax because getting wealth in Australia is damn near impossible and if you get remotely close, tall poppy syndrome kicks in

This guy knows nothing about economics. He said as much at the beginning. The answer is more taxes that is all. Crazy. Lower taxes and lower spending is the right answer.

The only additional tax that I would agree with:
Trigger a capital gains tax event when investors access unearned paper equity via refinancing . It's only fair since FHB's pay tax on every earned dollar for their deposits, why should investors have unlimited untaxed deposits

Why do boomers so vigorously resist paying tax? Don't they realise Australians are aging and living longer. Working age people cannot keep supporting more and more untaxed retirees.

Alan Kohler is just highlighting what some Australians already know about Australia's productivity problem. Business investment simply hasn't kept pace with population growth, (immigration to unsustainable levels) with too much money tied up in unproductive property in Australia, resulting in inadequate capital deepening and stagnant productivity.

Yet Alan also mentions that Canada is introducing incentives to attract productive investment, the Albanese Government and Jim Chalmers are overhauling CGT in ways that risk discouraging capital from flowing into Australian junior explorers, critical minerals, technology and emerging businesses.

How does that make economic sense?

Australia needs a government with the foresight to encourage investment in tomorrow's industries and not the other way round they have currently, this is because they have no comprehension on running a business, the public purse is their only saviour.

If Treasury believes these changes will improve productivity, they should publish the modelling. and back it up with facts.

Kohler's call to tax mining and gas more is the standout for me — it's strange how little of the resource windfall flows back to the public given the assets belong to all Australians. That said, asking households to pay more tax while young renters are getting smashed on housing costs feels like a sequencing problem. Fix the housing and migration settings first, and the tax conversation gets a lot easier.

Government spending and regulations are the main causes of our budgetary troubles.

It would be good to have your critical analysis of MMT such is shown in Finding the Money | Documentary Presented by Giant Pictures.
How Australia's system changed to allow banks to access international capital to fund loans. And how our dollar is devalued and managed.

The world has had a population increase of around 5 billion from 1960 till today and over the next 36 year's growth will only be around 2 billion. Might explain why assets have increased and governments are still living in that world of money coming in from what happened in the past

I'm so pleased that the comments section is switched on here, as Alan's other channels don't allow for comments or alternate opinions to be expressed. 16 years ago, I loved listening to Alan on the ABC, but the last 10-12 years have seen a lack of accuracy in understanding of the evidence and honest discussion of finance and business. He has become the unreasonable and ideological left. Productivity is bad because government has become too big, not invested in business, and over regulated. Using the Canada as a model of what Australia does is mind blowingly simple and lazy thinking. Its as if he doesn't understand the Australian economy and our trading partners etc.

Inheritance tax is the best incentive to achieve less and deter aspirations..

Governments have been running public schools since we’ve had schools- they can definitely run child care centres WITHOUT needing to make a profit for a private business.

Finland is happier than Australia for one reason and one reason only.
It has a jobless rate of 9.1%, and has had four recessions in the last seven years. Government debt is 88.5% of GDP.
Australia, in contrast, is one of only two triple-A rated economies with the jobless rate and inflation both below 4.7%, and government net debt less than 20% of GDP. Switzerland is the other.
Australia is the world’s only economy with GDP growth above 2%, AAA credit ratings and interest rates in the optimum band of 3.75% to 5.0%.
The difference between Finland and Australia, which tumbled from 10th to 15th on the happiness index this year, is that Finland's newsrooms do not constantly lie about the economy and cause widespread fear, anger, hatred and depression.

Interest rates will keep going up because the people responsible for inflation are the government and there spending and they are not cutting spending so you can raise rates all you like but the people who have to pay those rates are not spending any money, I work in food manufacturing and we have seen a slow down sector wide, meaning people are simply eating less. The other cause of inflation is electricity and the governments policy on electricity, it’s the main driver of inflation in Australia, as regards to the oil, the oil is flowing the refineries can’t produce enough to meet demand

Why not have a lower tax rate for productive industries (manufacturing, agriculture/aquaculture and transport for example) and leave the financial services sector where it is.