Michael Pascoe
Michael Pascoe comments on companies, markets and the economy.
Michael Pascoe
No sure bets on further interest rate cuts
Michael Pascoe While ANZ economists predict 100 basis points of cash rate cuts in 2013, there's little in the Reserve Bank board minutes to support that view.
Michael Pascoe
Treasurers' politics blowing your future away
Michael Pascoe State and federal treasurers are meeting for their usual ritual of duck-shoving, buck-passing and finger-pointing as their individual and collective political limitations are given precedence over...
Michael Pascoe
It's unhappy work, being a coalition voter
Michael Pascoe So depressed are Tony Abbott's supporters that they took the overall level of Australian consumer sentiment down this month.
Michael Pascoe
Clinging to a divine right to take us for a ride
Michael Pascoe From Victoria's taxis, to Sydney's airport, few things are more precious than a state-granted licence to rip off the public.
Michael Pascoe
Pity the White Energy shareholders
Michael Pascoe Revisiting White Energy's public announcements and the 'independent expert' report makes a mockery of the idea that the Cascade Coal deal was 'fair and reasonable'.
The week ahead with Michael Pascoe
Michael Pascoe Start of a quieter week as we move further into the silly season.
Business Week
The week that was with Michael Pascoe
Michael Pascoe The end of a big week for big data and big quotes, a week that offered something for everyone.
Michael Pascoe
Stubborn unemployment refuses to rocket
Michael Pascoe The fall in the jobless rate must be frustrating the bears as much as flat housing investment frustrates the bulls - but today's numbers aren't all that good either.
Michael Pascoe
Kiwis keep corruption at bay
Michael Pascoe If the All Blacks consistently beating us wasn't bad enough, the Land of the Strangled Diphthong has added another trophy to its gloat cabinet: the World's Most Lily White.
Michael Pascoe
Swan and Hockey race to fiscal cliff
Michael Pascoe Australia’s mini fiscal cliff seems obvious to everyone except the federal Treasurer and his shadow, both pointing everywhere else as they wrestle each other over the edge.
Michael Pascoe
RBA to housing industry: giddyup!
Michael Pascoe There's no smoking gun offered to justify this month's RBA rate cut, but the move reflects the bank's impatience with housing activity.
Michael Pascoe
Forget BRICs, we're in the CASSH economies
Michael Pascoe There's a new financial acronym at large and we're in it: the CASSH economies - Canada, Australia, Switzerland, Singapore and Hong Kong.
Michael Pascoe
Our own fiscal cliff likely to tip RBA's hand
Michael Pascoe To the extent that betting on an RBA decision can be a sure thing, today's economics releases make an interest rate cut tomorrow more than odds-on.
Business Week
The week ahead with Michael Pascoe
Michael Pascoe While Tuesday’s Reserve Bank board meeting captures the most attention, the Australian Bureau of Statistics is pulling out all stops to give the RBA plenty to think about.
Michael Pascoe
Need insight? Ignore CEOs - ask workers
Michael Pascoe For all the requirements of continuous disclosure, the workforce generally knows better than the market how an industry is faring. Sometimes they know better than their bosses as well.
Michael Pascoe
Bubble of the boom blowing away
Michael Pascoe Today's investment numbers show the story remains one of growth in the resources sector, but no longer at breakneck speed.
Michael Pascoe
Heads I win, tails you lose on the Mighty Aussie
Michael Pascoe The Australian dollar has become a matter of 'heads I win, tails you lose' with the you being Australian exporters - there's little chance of our dollar becoming cheap again.
Business Week
The week ahead with Michael Pascoe
Michael Pascoe The start of the seasonal Christmas market rally – or maybe that depends on whether you believe in Santa Claus.
Michael Pascoe
Chinese industry powering along nicely
Michael Pascoe China is maturing into its third phase of economic revolution, but it still has a very long way to go before being in any danger of ossification.
Michael Pascoe
Slight case of the sniffles, but retail still healthy
Michael Pascoe Using old and tired formats, some retailers are having trouble giving better-informed consumers what they want, and online stunts won't make much difference.
