Michael Pascoe

Michael Pascoe

Michael Pascoe comments on companies, markets and the economy.

Michael Pascoe

Full speed ahead, ignore the puffer fish

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Michael Pascoe Sometimes I wonder if there are two Australian Bureaux of Statistics, one that publishes bad news while another tells the story straight.

Comments 13

Michael Pascoe

Poor Gerry Harvey - tell him he's dreaming

Gerry Harvey

Michael Pascoe Poor little Gerry Harvey... Scratch any red-blooded free-market-loving capitalist and you'll find someone who either wants a monopoly or a handout.

Comments 124

Michael Pascoe

Fees fie foe fum - I smell stumblebums

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Michael Pascoe One man's fee is another's income. Trying to legislate that away is the stuff of nonsense. Such is the hypocrisy of the moment.

Comments 36

Michael Pascoe

Gail Kelly was a dud and other mysteries

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Michael Pascoe So Westpac's Gail Kelly, potentially the $55 million CEO, was a dud CEO at St George. Or Graeme Samuel is a fool. You choose.

Comments 62

Michael Pascoe

Bank bashing turns dangerous in a housing policy vacuum

Michael Pascoe Bank bashing generally is harmless fun that allows politicians to pretend to be outraged but the current outbreak is fraught with danger.

Comments 114

Michael Pascoe

Follow the trend, not the headline

Michael Pascoe There's a lot of knee-jerking going on after the release of today's unemployment data. But there needn't be. Look at the trend.

Comments 15

Michael Pascoe

Tweed, low-ball offers and high returns

Michael Pascoe It's common knowledge that bottom feeder and perfectly legal conman David Tweed has grown rich preying on the ignorance of retail shareholders with his low-ball offers. But how rich?

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Michael Pascoe

Bank mania abandons market faith

Michael Pascoe The bank mania sweeping Canberra is starting to take on bizarre proportions.

Comments 82

Michael Pascoe

Funny bank business - mind the rates gap

Michael Pascoe So it was CBA's turn to take one for the team. Too bad we're still no clearer on just how the funding expenses really run.

Comments 55

Michael Pascoe

RBA still telling us so

Michael Pascoe You can't say you weren't warned about higher interest rates. And here's why there's more to come.

Comments 27

Michael Pascoe

Making Hockey and banks look good

Michael Pascoe Another week, another big fat bank profit for pollies to kick, but all is not as obvious as both sides of politics would have you believe.

Comments 28

Michael Pascoe

Singapore after Australia's real mountain of gold

Michael Pascoe The ineptitude by the ASX and its Singaporean equivalent almost makes you wonder if the announced takeover was designed to fail.

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Michael Pascoe

Back to the future, the game's heating up

Michael Pascoe Just when you thought it was safe to get back into the pool, along comes a week straight out of the roaring bull days. All that's missing is Alan Bond.

Comments 12

Michael Pascoe

Goodbye to the regional financial hub

Michael Pascoe Australia has become the backyard Singapore didn't naturally have.

Comments 65

Michael Pascoe

The real way to keep banks honest

Michael Pascoe Sick of the crippling interest rates, usurious fees, obscene executive pay and outrageous profits at big banks? Take your money and run.

Comments 84

Michael Pascoe

Conroy, Hockey et al, lunatics have the asylum

Michael Pascoe I'm almost tempted to check what funny phase the moon is in just in case there is some correlation with the greater-than-average outbreak of lunacy of late.

Comments 39

Michael Pascoe

Never let facts get in the way of good demagoguery

Michael Pascoe Joe Hockey's amazing comments on legislating bank interest rates reflects all the splendid irresponsibility of being in opposition.

Comments 79

Michael Pascoe

Farming the bank bogey

Michael Pascoe In the real world, divorce is a greater threat to farmers' financial viability than drought and environmental water flows. You wouldn't guess that, though.

Michael Pascoe

Thank-you mug taxpayers

Michael Pascoe As every skilled tax avoider knows, there's the real world and then there's the accounting world. Take share buybacks as the Exhibit A rort .

Comments 47

Michael Pascoe

The great carbon price hypocrisy - and alternatives

Michael Pascoe Just because someone's crazy doesn't mean they can't have good ideas. Often it helps. That could help answer some questions about coal.

Comments 42