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 Our biggest mining exports have fallen back to be merely extremely rich sources of foreign exchange.
Michael Pascoe The most striking feature of the Westpac March consumer sentiment survey is what it says about consumers: they fib.
Michael Pascoe There are things we can do about housing affordability, but they require some hard political work.
Michael Pascoe Joe Hockey warned that the fourth intergenerational report would knock us off our chairs. It barely rattled a tea cup, scarcely moved the curtains.
Michael Pascoe What a wonderfully amusing start to the week Myer has provided with its "Weak end for Bernie" – as long as your sense of humour verges on the dark side.
Michael Pascoe Economic reporting season begins as Michael Pascoe comments on the business week ahead.
Michael Pascoe Recently revealed capex figures confirm why the Reserve Bank is cutting interest rates. Can we expect another interest rate trimming next week? Michael Pascoe comments.
Michael Pascoe Yesterday the Australian Bureau of Statistics ratified the Reserve Bank’s decision to cut interest rates and set the RBA up to do it again, perhaps as soon as Tuesday.
Michael Pascoe The underperformance of the overall wages index, pensioners’ pay rises have been outstripping that of average Australians, at least in percentage terms.
Michael Pascoe The global rush to cash in on China's rampant demand for milk has only just begun.
Michael Pascoe Forty years after Cyclone Tracy, we still have electricity on poles in cyclone country.
Michael Pascoe You know the story about first home buyers squeezed out of the market, forever beaten at auctions, sometimes spun with an undertone of foreigners robbing “our children” of their...
Michael Pascoe There are indeed very serious challenges ahead for Australia, but Joe Hockey now is the boy who cried wolf on debt and thus no one much is listening to him anymore.
Michael Pascoe If you happened to be paying in Hong Kong dollars, Sydney house prices fell by 10 per cent in the past half year.
Michael Pascoe If all else fails, a Prime Minister desperate for a reboot instead of the boot could try running a government based on fiscal integrity.
Michael Pascoe Yes, the Reserve Bank cut interest rates because non-mining investment is weaker than previously expected, but what the central bankers avoided telling the House of Representatives economics...
Michael Pascoe The Reserve Bank can’t say it, but the Federal Government has become an economic problem. Michael Pascoe comments.
Michael Pascoe There it was again in the Reserve Bank governor’s brief statement on Tuesday: a selective use of dates and statistics to tell a story about the Australian dollar.
Michael Pascoe There is a case for waiting at least another month and perhaps longer before considering cutting rates.
Michael Pascoe Consumer confidence is weak, wages growth flat or negative, and retailers are complaining about online competition and wages. So why are retail rents soaring?