Alan Kohler

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Alan Robert Kohler (born 26 April 1952) is an Australian financial journalist and newspaper editor. He is currently writing for his own online financial publication, The Constant Investor.[1][2]


In 1969, Kohler began as a cadet on The Australian; has been a columnist for Chanticleer in The Australian Financial Review and was editor of the AFR between 1985 and 1988. He was editor of The Age from 1992 to 1995.[3]

Kohler was chief executive and a major shareholder of Australian Independent Business Media Pty Ltd, which published the online investment newsletter Eureka Report and the free, 24-hour business news and commentary website Business Spectator since 2007.[4] AIBM was sold for $30m in 2012 to News Corp; Kohler remained as editor-in-chief.[5] The sale to News Corp did create some interesting media. It has been rumoured that Eureka Report now has less subscribers than it did when it was owned by AIBM.[6] News Corp then sold The Eureka Report to Australasian Wealth Investments in March 2016.[7]

Alan Kohler also appeared on the ABC's Inside Business from 2002 to 2013[8] and continues to appear on ABC News.[9] He was chairman of Melbourne University Press between 2008 and 2012.[10][11] He is married to journalist and author Deborah Forster and has three children.[12]

In his last weekend briefing of 2011, Kohler told his Eureka Report subscribers that he was significantly reducing his 'already reduced exposure to equities, possibly to zero' because of the high risk of 'another major panic sell-off on the market'.[13] At the same time Morgan Stanley’s equity strategist predicted a precise 7.2% fall in the US market at the start of 2012.[13] While nothing particularly good happened in 2012, most of the bad stuff had already happened and been priced in, so markets went up.[13]

In July 2016 Kohler started The Constant Investor - a new subscription model for investors and finance related clients which describes itself as "Unbiased, Independent, Daily Insights For The Financially Curious".[1][2][14] One of the focuses of The Constant Investor is to highlight investable companies outside the ASX200 and provide rarely available background information through interviews with their CEOs.[15] This has brought companies to the attention of investors, while their share price still has room to grow.[16]

With a holistic view of the financial world, Kohler's work with The Constant Investor has been picked up by non-financial readers. In August 2017 The Age's AFL section quoted Kohler's interview with outgoing Wesfarmers CEO, Richard Goyder, saying he "hates" pokies, and will seek to use his personal authority to wean clubs off them.[17]

Kohler is known for bringing personality to financial commentary and highlighting charts that reveal more about humanity than just finance. While delivering the finance report on ABCTV on New Year's Eve 2014 he included a series of charts including the "Chunder Bell-Curve", forecasting "a little light barfing early in the evening; mainly kids and leftover mince pies."[18]


Kohler is an Ambassador of the Australian Indigenous Education Foundation, and an Adjunct Professor of Business at Victoria University.


  1. ^ a b "Alan Kohler's Overview - The Constant Investor". The Constant Investor. 2016-07-16. Retrieved 2017-10-26.
  2. ^ a b The year that made me: Alan Kohler, 1978, 2015-02-27, retrieved 2017-10-26
  3. ^ "the story of the age". The Age. Melbourne. 2004. Archived from the original on 22 March 2010.
  4. ^ Steffens, Miriam (31 October 2007). "Kohler launches finance site". Sydney Morning Hearld. Fairfax Media. Archived from the original on 5 November 2012. Retrieved 4 November 2013.
  5. ^ Heffernan, Madeleine (21 June 2012). "An offer Kohler couldn't refuse". Sydney Morning Hearld. Fairfax Media. Archived from the original on 10 October 2012. Retrieved 4 November 2013.
  6. ^ "Eureka Report Sags". 2013. Retrieved 15 December 2013.
  7. ^ "Business Spectator founder Alan Kohler launches new investment news website - Mumbrella". Mumbrella. 2016-07-06. Retrieved 2017-10-26.
  8. ^ Butler, Ben (30 September 2013). "'Ridiculous workload' – Alan Kohler ends ABC's Inside Business". Sydney Morning Hearld. Fairfax Media. Archived from the original on 16 October 2013. Retrieved 4 November 2013.
  9. ^ "Alan Kohler". ABC News. 4 April 2007. Archived from the original on 11 November 2012. Retrieved 4 November 2013.
  10. ^ Trounson, Andrew (15 October 2008). "Kohler brings online nous to MUP". The Australian. Retrieved 4 November 2013.
  11. ^ Trounson, Andrew (1 June 2012). "Alan Kohler leaves Melbourne University Press board". The Australian. Retrieved 4 November 2013.
  12. ^ "Deborah Forster". 2013. Archived from the original on 3 May 2012. Retrieved 4 November 2013.
  13. ^ a b c "Alan Kohler Intelligent Investor". Archived from the original on 25 December 2013. Retrieved 24 December 2013.
  14. ^
  15. ^ "Discover 5 Investible Companies A Week - The Constant Investor". The Constant Investor. Retrieved 2017-10-26.
  16. ^ "@AlanKohler @TCIHQ led to me investing in afterpay when it was at $2.50. Thanks mate". @suggestedmash. 2017-10-25. Retrieved 2017-10-26.
  17. ^ Baum, Greg (2017-08-21). "Pull plug on pokies: AFL commission chairman Richard Goyder". The Age. Retrieved 2017-10-26.
  18. ^ Lallo, Michael (2015-01-01). "ABC finance guru Alan Kohler gives New Year's Eve spew forecast: 'Major ralphing'". The Sydney Morning Herald. Retrieved 2017-10-26.

External links[edit]

Media offices
Preceded by
Mike Smith
Editor of The Age
Succeeded by
Bruce Guthrie