Michael Pascoe

Michael Pascoe

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

Business Week ahead

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Michael Pascoe Start of capex week but let’s just call it non-mining investment, the main game as far as the Reserve Bank is concerned. Michael Pascoe comments.

Whose superannuation is it any way?

Michael Pascoe

Michael Pascoe One minute Tony Abbott says my superannuation savings are mine, not the government's, the next Scott Morrison is telling me how I have to spend it.

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Business Week that was


Michael Pascoe It's a tragedy that our politicians are purely playing politics with our $1.9 trillion superannuation industry. Michael Pascoe comments.

What the pollies won't do: apply principles to superannuation

Michael Pascoe dinkus

Michael Pascoe  We've witnessed a quiet political crime over the past week: the government ditching the best recommendation from the Murray financial system inquiry for the most cynical of political motives.

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Twiggy Forrest out on a limb (and worse lines)

Weighing in on the iron ore pricing debate, a prominent mining analyst has lashed out at Andrew Forrest for his

Michael Pascoe Sorry, I can't resist: Twiggy Forrest has found himself out on a limb with his campaign for a root-and-branch iron ore price.  

Small business myths work budget miracles

Michael Pascoe

Michael Pascoe The budget seems to have miraculously achieved what it set out to do: restore the political fortunes of the Prime Minister and Treasurer

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The Business Week ahead

Michael Pascoe Michael Pascoe takes a look at what worked miracles for the government’s popularity in the Federal Budget.

The Sydney housing bubble to pop – but how?

As the federal Parliament's inquiry into foreign investment in residential real estate found last year, there is no

Michael Pascoe The 2015 Sydney housing boom has achieved the dubious distinction of bubble status, replete with rampant FOMO (fear of missing out) and key parts of the market departing from gravity as values rise...

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Budget bites: The Law of Unintended Consequences hits Happy Joe

The devil is in the detail of Treasurer Joe Hockey's latest budget.

Michael Pascoe As always, the Law of Unintended Consequences is hard at work and didn't miss Happy Joe Hockey's second attempt at a federal budget.

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Joe Hockey blossoms into a happy budget butterfly

Michael Pascoe

Michael Pascoe What an extraordinary transformation. Last year's miserable doom-and-gloom caterpillar Treasurer emerged from his budget cacoon last night as a beautiful butterfly, happy to flutter from flower to...

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Seeing our economic selves as others see us

Michael Pascoe

Michael Pascoe It's a citation that should go straight to the prime ministerial pool room: regarded as a radical in China.

Business Week: Budget 2015

The 2015 Budget papers are printed and packed at CanPrint in Canberra on Monday 11 May 2015. Photo: Andrew MearesClick to play video

Michael Pascoe It’s someone’s adage that management is doing things right while leadership is doing the right things. Michael Pascoe comments.

Federal budget 2015: The big question you need to ask about the budget

Michael Pascoe

Michael Pascoe It's someone's adage that management is doing things right while leadership is doing the right things.

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RBA remains dovish, but that's no surprise

Michael Pascoe

Michael Pascoe The RBA's monetary policy outlook is as surprising as bears' toiletry habits and the Pope's religion.

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RBA rate cut: knee-jerk markets love bad news

Michael Pascoe

Michael Pascoe What a sad and sorry lot the financial markets are, wanting the Reserve Bank to keep telling them that our economy is getting worse.

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RBA's news is three months old

Michael Pascoe

Michael Pascoe The Reserve Bank commentary industry is in a strange space this week: not only does it apparently already know what the RBA board will decide tomorrow, the reasoning behind it is three months old.

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Business Week ahead

Prime Minister Tony Abbott during question time at Parliament House in Canberra on Thursday 19 March 2015. Photo: Andrew Meares Click to play video

Michael Pascoe The worry is that the Prime Minister and Treasurer, desperate to keep their jobs, might deliver a budget that doesn’t do much. Michael Pascoe comments.

The Business Week that was

Financial services feature -†Smart financial decisions lead to a sound financial position for retirement.

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Michael Pascoe Massaging market expectations is a delicate business, the conduct of monetary policy should be conducted a little more transparently. Michael Pascoe comments.

Reserve Bank must not get into the habit of leaking interest rate decisions


Michael Pascoe The Reserve Bank should think twice if it is using journalists to prepare the market for its rates decisions.

Good news for manger renters, bad news for Sydney as the Packer ruse exposed

A good outcome for James Packer: Less than a third of the Crown building's 69 floors will provide hotel accommodation, leaving 30 floors for apartments.

Michael Pascoe One of the more ridiculous swifties pulled on a gullible government this decade was that it was necessary to give James Packer a casino licence to get a flash hotel built on Sydney's Barangaroo strip.