Michael Pascoe

Michael Pascoe

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

RBS's Andrew Roberts challenged to put his money where his mouth is

Michael Pascoe Economist Stephen Koukoulas has offered RBS's Andrew Roberts a $10,000 wager over the latter's prediction that this is the year that mostly everything falls.

The RBS 'sell everything' call grabs headlines, but the end of the world is not nigh

Michael Pascoe

Michael Pascoe The Royal Bank of Scotland might be right about "selling everything", but it probably is not. And we should all hope that not many people take their advice.

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China déjà vu all over again while Saudis keep pumping

Michael Pascoe

Michael Pascoe To paraphrase Mick Dundee, this isn't a Chinese stock market rout – the two months from June last year were a rout.

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Record car sales tell story of Australian economy

Michael Pascoe

Michael Pascoe The record number of vehicles sold last year obviously mean the economy wasn't doing nearly as badly as we sometimes liked to tell ourselves.

The cars guide to Australia

The cars guide to Australia (Thumbnail)Click to play video

Michael Pascoe Despite the doom and gloom around the Australian economy, car sales last year tell a very different story. Michael Pascoe comments.

Crystal ball reveals 2016's highs and lows in business

Michael Pascoe

Michael Pascoe Michael Pascoe's tongue-in-cheek Almanac 2016.

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Michael Pascoe

Economy 2016: Coming up after the break, more of the same

Michael Pascoe

Michael Pascoe Consider the prospects of 2016 through the eyes of our most honest forecaster – the Reserve Bank.

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A 2016 economic forecast

A 2016 economic forecast (Thumbnail)Click to play video

Michael Pascoe If you're wondering about the outlook for 2016, there's something you need to know. Michael Pascoe comments.

Hockey's ghost haunts ScoMo

Fear of deficits (Thumbnail)Click to play video

Michael Pascoe Most people have no idea the coalition government is a bigger spender than Labor.. Michael Pascoe comments.

Michael Pascoe

Budget surplus: it was a good idea at the time

Michael Pascoe

Michael Pascoe The Coalition's spending habits are turning into quite a shock for some.

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The price drop that's really worrying big oil

Michael Pascoe

Michael Pascoe There's a serious problem hanging over oil prices that won't be solved by capping a few wells.

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Michael Pascoe

Has Barangaroo won Crown's James Packer the whinge of the year title?

Michael Pascoe

Michael Pascoe Now we all know what James Packer wants for Christmas.

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James Packer's casino whinge

Generic. Qantas Airlines Qantas base Sydney.
Photograph by Edwina Pickles. 
Taken Jan 2009. DIGICAM 100344Click to play video

Michael Pascoe Well, now we all know what James Packer wants for Christmas... Michael Pascoe comments.

Penalty rates beat up

Michael Pascoe Don’t buy the headlines about the Productivity Commission wanting to scrap penalty rates – they’re simply not true. Michael Pascoe comments.

Michael Pascoe: ScoMo wedges himself

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Michael Pascoe Ending the tax lurks and rorts won’t reduce the deficit or maintain the services we want. Michael Pascoe comments.

Scott Morrison wedges himself as ending tax rorts won't help the budget

Michael Pascoe

Michael Pascoe In all the analysis of the MYEFO budget update and the myriad suggestions for how to fix the tax take, one thing has largely been missed.

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Small banks gouge customers too

The big four banks.

Michael Pascoe Small banks were presented with a choice. No prizes for guessing which option they chose.

MYEFO budget update: Treasury calls it - housing boom over

Michael Pascoe

Michael Pascoe Without strong home building, what's supposed to lift economic growth?

Michael Pascoe

Real innovation doesn't need the IT crowd

Michael Pascoe If you really want innovation, you don't need IT millionaires and a billion-dollar government package.

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Climate denial is some people's religion

Michael Pascoe

Michael Pascoe With divine licence to subdue the earth and do what you like with every living thing, climate change couldn't be a human problem, right?

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