Would you pay thousands for a 'super-premium' spirit? What about millions?
Michael Pascoe is a BusinessDay contributing editor. He comments on companies, markets and the economy.
Michael Pascoe How long can we expect housing prices to rise when wages are not? Michael Pascoe comments.
Michael Pascoe It’s not easy to be sure who’s criticised Joe Hockey more this week – the Labor Party or his own side, whether on the record or off. Michael Pascoe Comments.
Michael Pascoe It’s not easy to be sure who’s criticised Joe Hockey more this week – the Labor Party or his own side, whether on the record or off.
Michael Pascoe It seems we’re very selective when it comes to imposing sanctions on a country that backs one side in a civil war against the other. Michael Pascoe comments.
Michael Pascoe At the risk of letting down Team Australia, it’s worth keeping a little perspective about Ukraine’s civil war and Russia’s involvement when considering how much market impact it...
Michael Pascoe Here’s the bad news if you’ve been saving up your Qantas frequent flyer points to use on its American partner airline – it’s the second worst of the 10 major US carriers.
Michael Pascoe The RBA’s outlook and the soft employment market can’t be blamed on Wayne Swan; it’s yours now, Joe. Michael Pascoe comments.
Michael Pascoe The seasonally adjusted unemployment headline of 6.4 per cent was probably an exaggeration – but it’s still a figure the Treasurer has to take responsibility for.
Michael Pascoe Employment data, like claims about migrant visas, requires a little perspective.
Michael Pascoe It says something about the cost structure of ''new school'' listed investment companies that giving away 1 per cent of net assets each year works out at less than half the price of paying the usual...
Michael Pascoe It’s the performance of services that should provide optimism about Australia being able to transition from its reliance on resources.
Michael Pascoe The general adage has long been 'buy the rumour, sell the news', but no-one accuses traders of being rational.
Michael Pascoe Anyone remember the panic attack on the markets when people received a warning that the Federal Reserve couldn’t keep printing money forever? Michael Pascoe comments.
Michael Pascoe When it comes to economic growth measures, nothing is as simple as it might be painted,
Michael Pascoe I don’t know if Sydney’s proposed new sculptures will turn out to be brilliant or bad. But I know that the loudest popular opinions have no idea either, rather like the knee-jerk reaction...
Michael Pascoe Nothing seems to attract eyeballs more than real estate stories. Michael Pascoe comments.
Michael Pascoe It could be a disappointed retiree who is hanging out for rate rises to do much for income from fixed-interest investments.
Michael Pascoe Mortgage market competition among the big banks threw the spotlight on the money market betting not much is going to happen to interest rates any time soon.
Michael Pascoe Sometimes you could feel a bit sorry for Reserve Bank governor Glenn Stevens.
Michael Pascoe The start of inflation and Reserve Bank speech week, with a little market nervousness thrown in. Michael Pascoe comments.