Michael Pascoe

Michael Pascoe

Michael Pascoe comments on companies, markets and the economy.

Michael Pascoe

Treasurers' politics blowing your future away

Wayne Swan

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...

Comments 14

Michael Pascoe

It's unhappy work, being a coalition voter

Tony Abbott

Michael Pascoe So depressed are Tony Abbott's supporters that they took the overall level of Australian consumer sentiment down this month.

Comments 65

Michael Pascoe

Clinging to a divine right to take us for a ride

sydney airport queues

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.

Comments 119

Michael Pascoe

Pity the White Energy shareholders

Eddie Obeid

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'.

Comments 16

The week ahead with Michael Pascoe

The week ahead with Michael Pascoe (Thumbnail)

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

The number of people in full-time employment has surged

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.

Comments 133

Michael Pascoe

Kiwis keep corruption at bay

NZ haka

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

Wayne Swan

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.

Comments 110

Michael Pascoe

RBA to housing industry: giddyup!

Building the economy

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.

Comments 18

Michael Pascoe

Forget BRICs, we're in the CASSH economies

cash

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.

Comments 21

Michael Pascoe

Our own fiscal cliff likely to tip RBA's hand

interest rate cuts

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.

Comments 98

Business Week

The week ahead with Michael Pascoe

The week ahead with Michael Pascoe (Thumbnail)

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

Miner

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

Bubble

Michael Pascoe Today's investment numbers show the story remains one of growth in the resources sector, but no longer at breakneck speed.

Comments 26

Michael Pascoe

Heads I win, tails you lose on the Mighty Aussie

x

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

The week ahead with Michael Pascoe (Thumbnail)

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.

Comments 5

Michael Pascoe

Slight case of the sniffles, but retail still healthy

David Jones

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.

Comments 4

Business Week

The week ahead with Michael Pascoe

The week ahead with Michael Pascoe (Thumbnail)

Michael Pascoe Japan is having an election on December 16th that threatens to become a turn to the right.