Michael Pascoe

Michael Pascoe

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

Bleak consumer sentiment among Labor voters

Michael Pascoe Overall consumer sentiment may have improved a little over the past month, but the outlook of our two main political tribes diverged again.

Michael Pascoe

RBA's glass half full as productivity gets going

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Michael Pascoe When Glenn Stevens speaks, it's a good idea to listen right the way through.

Business week ahead

Michael Pascoe The government will be hoping that the further away we get from budget night, the more people will be less pessimistic about it.

Business Week That Was

Business Week That Was (Thumbnail)Click to play video

Michael Pascoe The truly amazing failure of people paid many millions of dollars to stay awake. Michael Pascoe comments.

Michael Pascoe

Commonwealth Bank: a case study in failure

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Michael Pascoe In the occasional way of these things, the Commonwealth Bank’s response to scandal has become a greater scandal.

RBA birds of a feather sticking together

Aussie Dollar

Michael Pascoe Just what was the foreign exchange market thinking?

Michael Pascoe

Pity and contempt: How the financial big boys view SMSFs

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Michael Pascoe The very success of the SMSF sector could be setting it up for its biggest battle

The Business Week ahead

Michael Pascoe The lingering political damage of a poorly pitched federal budget continues to be felt. Michael Pascoe comments.

CBA financial planning failure goes right to the top

Culture is at the heart of the Commonwealth Bank's financial planning problems.

Michael Pascoe Don't expect much action to right financial planning's problems.

Clive Palmer's ETS: What he's saying, what he's thinking, and what he might actually mean

Clive Palmer

Michael Pascoe One of the problems with Clive is working out what he’s saying, what he might think he’s saying and what he actually means.

Michael Pascoe

What Al Gore needs to know about Clive Palmer

Clive Palmer

Michael Pascoe There's something Al Gore should understand before sharing a stage with Clive Palmer.

Michael Pascoe

FOFA changes need a real estate reality check


Michael Pascoe Comment: There remains another commission-driven investment scandal affecting superannuation that has not been tackled.

Michael Pascoe

Saving Joe Hockey: the budget we should have had

Treasurer Joe Hockey

Michael Pascoe Ask not what the Treasurer can do for you, but what you can do for the Treasurer – as he obviously needs all the help he can get.

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Michael Pascoe

Victoria the local people magnet but foreigners prefer NSW


Michael Pascoe As the Australian economy changes gears, Victoria is proving the people magnet for locals.

Michael Pascoe

Budget tightening worse than RBA expected

Reserve Bank governor Glenn Stevens.

Michael Pascoe It's just one phrase in the latest board minutes but, given the restrained language of central bankers, it leaves no doubt about the role of Joe Hockey's first budget in subduing the economy.

Michael Pascoe

Taxing the truth on carbon pricing

Carbon dioxide emissions continue to rise.

Michael Pascoe You might remember that, thanks to the carbon tax, the sky was supposed to fall on July 1, 2012.

Michael Pascoe

Labor voters' bounce back – um, really?


Michael Pascoe So Labor voters' consumer confidence bounced back to nearly pre-budget levels, coalition voters' confidence deteriorated a touch, but overall consumer confidence was basically flat.

Michael Pascoe

First home buyer statistics not adding up

Michael Pascoe

Michael Pascoe Sometimes it's what isn’t there that tells a story. Take first home buyers statistics, for example.

Michael Pascoe

Never a better time to shop for a home loan


Michael Pascoe There's been a 10 point easing of monetary policy over the past six to nine months despite the Reserve Bank leaving its cash rate steady.

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Michael Pascoe

A good year for the economy, but it's downhill from here

Coal miner

Michael Pascoe Well that was nice – a year of above-trend economic growth with rising labour productivity and profits. Too bad it’s downhill from here.