The ability to exert influence in public life is not easy, whether someone is in a prominent position or not.
Michael Pascoe is a BusinessDay contributing editor. He comments on companies, markets and the economy.
Michael Pascoe Joe Hockey may rule out changes, but the thin edge of the negative gearing wedge is already in the door.
Michael Pascoe Now that CEO Bernie Brookes gone and profit is going, most of the board can't be far behind - responsibility for your actions, or perhaps inactions, and all that old-fashioned stuff.
Michael Pascoe If you are a new investor in Sydney's housing market, you have to ask yourself, are you feeling lucky? Michael Pascoe comments.
Michael Pascoe How you perceive the state of the Sydney rental market depends on who you are. Sydney tenants might think rents are steady or rising, but they're falling for Sydney landlords.
Michael Pascoe In a contest between the nation’s car dealers on one hand and the Productivity Commission and Harper competition review on the other, the government is going with the dealers.
Michael Pascoe You know the story – woe is Australia, unemployment is rising, business and consumer confidence are both down, we’re all going to hell.
Michael Pascoe I don't know quite what Joe Hockey means when he talks about next month's budget. I don't know if anyone does.
Michael Pascoe The start of the monthly confidence survey week. Michael Pascoe comments.
Michael Pascoe Dear Joe, thanks for the invitation to take part in “an open and constructive conversation” on the tax system.
Michael Pascoe As the Reserve Bank knows better than anyone, the missing ingredient for the Australian economy is business confidence.
Michael Pascoe As far as the RBA’s ability to stimulate the economy goes, rates now look to be about two things: keeping the Aussie dollar down and keeping the construction boom going. Michael Pascoe comments.
Michael Pascoe Now that you have your castle, you want to defend it.
Michael Pascoe It’s reassuring to be reminded that the electorate is not entirely stupid, or selfish and greedy. Most of us actually want a better nation.
Michael Pascoe The end of the week of the Yellen twister, the Reserve Bank weave, the Abbott contortion and the Myer plunge. Michael Pascoe comments.
Michael Pascoe There is something fitting, something rounded, about Malcolm Fraser dying within five months of Gough Whitlam – the old foes, having made their peace, now both at peace.
Michael Pascoe After the APN buy, what price Lachlan Murdoch's privately owned DMG being rolled into a Murdoch Australian radio arm?
Michael Pascoe It seems markets are more perturbed by possibilities than eventualities, especially when it comes to the US Federal Reserve.
Michael Pascoe An important week for US markets, which of course flows through to our market. Michael Pascoe comments.
Michael Pascoe We now earn more foreign exchange from services, led by education and tourism, than we do from coal and LNG combined. Michael Pascoe comments.
Michael Pascoe Our biggest mining exports have fallen back to be merely extremely rich sources of foreign exchange.