Michael Pascoe

Michael Pascoe

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

Michael Pascoe

Commonwealth Bank: a case study in failure

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

Michael Pascoe dinkus

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

Housing.

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

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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?

Voting

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

SPECIAL 14442 SMH NEWS ARTPIX HOUSINGPhoto by Andrew Meares.  / asmParklea suburbia on Wednesday 17th July 2002.  MORTAGE BANKS INTEREST RATES CONSTRUCTION HOME LOANS DEVELOPMENT URBAN SPRAWL

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.

Michael Pascoe

Don't forget the weather in property cooling headlines

Michael Pascoe

Michael Pascoe Well this is a surprise: apparently property prices don't rise each and every month – who would have thought it?

Population: a quick half million

Population: a quick half million (Thumbnail)Click to play video

Michael Pascoe Australia is now closer to having 24 million people, what is its impact on infrastructure and business? Michael Pascoe comments.

Michael Pascoe

On our way to 24 million next year, leaving infrastructure behind

Michael Pascoe

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.

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Business: Not the end of Westfield week

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

Michael Pascoe Will the latest Westfield restructure be shelved or are there too many vested interests involved? Michael Pascoe comments.