Mead, the world’s oldest known booze, is making a modern comeback.
Michael Pascoe is a BusinessDay contributing editor. He comments on companies, markets and the economy.
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.
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.
Michael Pascoe Well this is a surprise: apparently property prices don't rise each and every month – who would have thought it?
Michael Pascoe Australia is now closer to having 24 million people, what is its impact on infrastructure and business? Michael Pascoe comments.
Michael Pascoe A national milestone slipped past us last week: Australia is closer to having 24 million people than 23 million, according to the Australian Bureau of Statistics' population clock.
Michael Pascoe Will the latest Westfield restructure be shelved or are there too many vested interests involved? Michael Pascoe comments.
Michael Pascoe The good news is that non-mining business investment is rising, but the federal budget remains the great unknown.
Michael Pascoe Looming restructure of the Lowy family global property empire highlights renumeration concerns by the Australian Shareholders Association. Michael Pascoe comments.
Michael Pascoe I have some good news for the federal government: labour productivity is going through the roof.
Michael Pascoe The extreme divisiveness of Australian politics over the past four years is starting to extract an economic toll.
Michael Pascoe Increasing the GST is more popular than increasing fuel excise by CPI indexation, according to the Fairfax/Nielsen post-budget poll - and increasing the GST certainly isn't popular.
Michael Pascoe Joe Hockey is putting his political cycle ahead of the needs of the economic cycle. Michael Pascoe comments.
Michael Pascoe Although it was a well leaked budget, three real surprises have only been partially recognised. Michael Pascoe comments.
Michael Pascoe How's that "age of entitlement" thing going for you?
Michael Pascoe While everyone's been off chasing weasel words, the centrepiece of Joe Hockey's first budget has been largely overlooked.
Michael Pascoe Stand by for a strange budget that promises growth at the same time as cutbacks designed to deal with an immediate crisis that doesn't exist.
Michael Pascoe The government seems to have ensured that the bad news has already been published. So the actual budget Tuesday night shouldn’t have much shock value.
Michael Pascoe The Reserve Bank confirmed what it said three months ago, the gloomy numbers Joe Hockey has been relentlessly pushing since December, are wrong.
Michael Pascoe The Reserve Bank believes fiscal policy will push unemployment higher – and that’s before the threatened squeeze of Joe Hockey’s first budget.
Michael Pascoe It's another indication of how poorly our mid-market department stores are performing that anyone thought David Jones' third quarter sales result was "good". It was barely "less bad".