Michael Pascoe

Michael Pascoe

Michael Pascoe is a BusinessDay contributing editor. He comments on companies, markets and the economy.

Michael Pascoe

Arthur Sinodinos knows how it works, you can bank on it

Michael Pascoe The most contentious reform of the still-young Future of Financial Advice (FoFA) legislation - bringing commissions back from the dead - is purely the work of the big banks and Senator Sinodinos.

Business Week: Profits ahoy

Business Week: Profits ahoy (Thumbnail)Click to play video

Michael Pascoe A massive week for corporate results with more implications for the May budget.

Business Week: Worse and worser

Michael Pascoe, Bill Shorten and Tony AbbottClick to play video

Michael Pascoe It is hard to decide which was the sillier aspect of the unemployment rate hitting 6 per cent Thursday. Michael Pascoe reports.

Michael Pascoe

Blame Labor voters for falling consumer confidence

Business confidence down.

Michael Pascoe You can blame Labor for the fall in the Westpac/Melbourne Institute consumer confidence index. Well, Labor voters anyway.


Doomsday forecasts and cheaper cars: reality-checking Toyota’s exit

Michael Pascoe

Michael Pascoe Who knew Tony Abbott was such a dab hand at irony?

Remember Hockey's MYEFO fear and loathing?

Michael Pascoe Most people missed Friday's big economic news. MIchael Pascoe comments.

Michael Pascoe

Joe Hockey’s tough talk just sticking to the treasurers’ script

Michael Pascoe Joe Hockey has talked tough before without delivering.

Michael Pascoe

RBA takes away Joe Hockey’s pain

Joe Hockey

Michael Pascoe The Federal Government’s budget outlook has been transformed by the RBA

Michael Pascoe

Forget bananas. We’re a coffee republic


Michael Pascoe Comment: Our restaurant and coffee habits show why there's no need for lower interest rates.

Michael Pascoe

In the dark on the RBA's 'short term' thinking

Glenn Stevens.

Michael Pascoe How long is the “short term”, in the RBA’s view of things?

The business week ahead

Michael Pascoe It's increasingly likely that the Australian economy is in better shape than Joe Hockey outlined in his MYEFO statement seven weeks ago. Michael Pascoe comments.

RBA to upgrade forecast, despite Hockey's pessimism

Reserve Bank of Australia building at Martin Place. Generic RBA, interest rates. Monday 30th April 2012 AFR photo Louie Douvis

Michael Pascoe It's just seven weeks since Joe Hockey painted a gloomy economic outlook. But on Friday, the RBA is likely to say the Treasurer was too pessimistic by upgrading its own forecast for 2014.

Michael Pascoe

It's been a good news week

Australian dollar.

Michael Pascoe This has actually been good news week for the Australian economy – and it was only four days long

What the..? This week's business

What the..? This week's business (Thumbnail)Click to play video

Michael Pascoe An action packed week with plenty of interesting interactions between politics and economics. Michael Pascoe comments.

Michael Pascoe

It's not a contraction: getting it right on China data

Michael Pascoe Another purchasing managers index, more misreporting, another excuse for the market doing what it’s doing.

Michael Pascoe

AMP stakes claim in a new China boom

An investor reads  information on stocks with a magnifying glass at a stock exchange in Wuhan, China Monday May 21, 2007. Chinese stocks rose to a record close Wednesday for the third straight session on optimism over reports the government may triple quotas for foreign investment in local bourses. The latest move to cool the overheated stock market come after the central bank raised benchmark deposit and lending rates. (AP Photo) ** CHINA OUT **

Michael Pascoe Just quietly, an Australian company has set sail on China's vast sea of riches.

Michael Pascoe

Fraud on film: Why The Wolf of Wall Street is a Hollywood con job

The Wolf of Wall Street

Michael Pascoe If you’re going to rob people, fraud is the only way to go.

Dollar dazed

Dollar dazed (Thumbnail)Click to play video

Michael Pascoe The horses are back to being frightened by mis-reporting of good old HSBC flash PMI.

Michael Pascoe

RBA has to stay stoic on rates as inflation remains on the high side

shd travel 060303
Emperor penguin, Antarctica.Photograph supplied. SHD Travel Feb 19 March of the Penguins,Antarctica. SPECIALX 111

Michael Pascoe Comment:It’s time to have some sympathy for the RBA.

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Michael Pascoe

Bond buyers favour Italy, Spain over Australia

Italian players.

Michael Pascoe According to the sovereign debt market, Italian and Spanish bonds are now a better investment than Australian Commonwealth bonds. No one ever said markets have to make sense.