Michael Pascoe

Michael Pascoe

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


Mining construction jobs to plunge by 78,000, study finds

Michael Pascoe The resources industry construction workforce is set to collapse over the next four years.

The business week that was

The business week that was (Thumbnail)Click to play video

Michael Pascoe A week dominated by some rational policy outcomes handled in irrational ways and the usual self-serving hypocrisy on both sides of politics.

Michael Pascoe

The government got it half right

Michael Pascoe

Michael Pascoe It hasn’t been the best week for the Federal Government – behind in the opinion polls already and copping plenty of unfriendly headlines.

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Michael Pascoe

The Holden demise is not all bad news

Michael Pascoe We're in danger of drowning under the bad news about Holden ceasing to manufacture in Australia from 2017 as the politicians try to blame each other, but not all of it is bad.

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Michael Pascoe

Why Tony Abbott must change and govern for all Australians


Michael Pascoe Yes, the Coalition’s fall in the opinion polls has become an economic problem. The factors behind it are taking the shine off consumer confidence at a time when increased consumption and stronger...

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Michael Pascoe

Abbott's to-do list looking hard and unpopular

Michael Pascoe

Michael Pascoe If the economy is to handle the transition from the resources construction phase, Abbott has the problem of having to reverse four years of anti-government spending rhetoric.

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Michael Pascoe

Glenn Stevens knows forecasting the $A is a mug's game

Glenn Stevens.

Michael Pascoe No wonder Glenn Stevens didn’t want to say much to The Wall Street Journal – when you’ve had a win at the casino, it’s always a good idea to walk away.

Santa doesn't drive a Holden

Santa doesn't drive a Holden (Thumbnail)Click to play video

Michael Pascoe The unfortunate reality for Qantas and Holden is that the government Santa doesn’t focus on December 25. Michael Pascoe comments.

Michael Pascoe

Holden and Qantas searching for Santa

Michael Pascoe

Michael Pascoe Not quite the right time for wounded Aussie icons, Holden and Qantas.

Michael Pascoe

GDP disappoints raised expectations


Michael Pascoe The problem with hoping for more is that when you receive the same, it feels like less.

Michael Pascoe

Damn the dollar, medium speed ahead

NEWS - Reserve Bank Governor Glenn Stevens speaking at an Economic Society of Australia Business Luncheon in Brisbane.

Michael Pascoe For the RBA board, the only thing to do was to leave the cash rate steady, have lunch and adjourn until February

Stamp duty 'iniquitous, unethical and offensive'

State treasurers bask in higher stamp duty revenue (Thumbnail)Click to play video

Michael Pascoe State treasurers are basking in revenues from a bad tax that should be replaced by a broad land tax says commentator Michael Pascoe.

Michael Pascoe

Open letter to state treasurers: you should all be sacked

Michael Pascoe

Michael Pascoe Dear treasurers, How do you justify taking public money when you know you're doing a poor job?

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Australian investment records to tumble again next year


Michael Pascoe Here's a nice surprise: the nation's congenitally miserable chief financial officers have told the Australian Bureau of Statistics they are going to invest $166.

Michael Pascoe

'No plans', so open season for policy

The coalition

Michael Pascoe Real government policy - not the slogans tarted about in the election - is up for grabs.

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Michael Pascoe

The HK Aussies outsourcing to the USA


Michael Pascoe This is the one about the company listed in Australia, incorporated in Bermuda, headquartered in Hong Kong, manufacturing in China but now about to make footwear in the USA.

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Michael Pascoe

ANZ board out of step with reality


Michael Pascoe ANZ have allowed themselves the hubris of thinking "their" choice of CEO is so very much better than that of the other banks, even though the numbers don't support it.

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Michael Pascoe

Joe Hockey goes a step too far

Michael Pascoe

Michael Pascoe Apparently the Treasurer means what he said: he'll throw a Tea Party if he doesn't get a $500b debt ceiling.

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Has Joe jumped the shark?

Has Joe jumped the shark? (Thumbnail)Click to play video

Michael Pascoe I gave him the benefit of the doubt, but I checked and apparently the Treasurer will throw a Tea Party on December 12.

Michael Pascoe

James Packer’s business with a dodgy regime

James Packer

Michael Pascoe So how do you go about gaining a casino licence from an increasingly dodgy government? Very carefully, no doubt.

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