Michael Pascoe

Michael Pascoe

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

Michael Pascoe

Double-edged dollar doing it for the RBA

Michael Pascoe The Reserve Bank doves are a bit quieter today as the weaker Australian dollar starts to do its part, helping “to foster a rebalancing of growth in the economy”.

Michael Pascoe

Time for Rudd to look at big picture


Michael Pascoe With a change of government - even a de facto change like last week's - comes the possibility of policy change.

Michael Pascoe

If Kevin is looking for a Big Idea...

Prime Minister Kevin Rudd5

Michael Pascoe Kevin Rudd could do much worse than to turn the orthodoxy of “all government debt is bad” on its head.

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Michael Pascoe

Now watch out for the feral hogs


Michael Pascoe Amid the recent tumult, you may have missed the good news - it has been an extremely good financial year for Australia's favourite stocks.

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Michael Pascoe

What crises? They’re all so yesterday

Prime Minister designate Kevin Rudd.

Michael Pascoe The Labor leadership, Chinese liquidity, Fed tapering and diving Australian dollar crises are all over. Oh that it was all so easy.

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Michael Pascoe

Two ends of town telling different tales

Executives recieve shares.

Michael Pascoe A tale of two cities, or at least two ends of the same town: life might or might not be lonelier at the top, but it's certainly more rewarding.

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Michael Pascoe

Investors dazed and confused

Traders gather at the Goldman Sachs post on the floor of the New York Stock Exchange in this January 18, 2012 file photo. To match ASIA-EQUITYMARKETS/BLOCKS REUTERS/Brendan McDermid/Files  (UNITED STATES  - Tags: BUSINESS)

Michael Pascoe It is bemusing that so much panic and pain is being caused by two fundamentally sound policy moves.

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Are we there yet?

Are we there yet? (Thumbnail)Click to play video

Michael Pascoe There are signs that the US economy is recovering. No, the markets don’t necessarily make sense. Michael Pascoe comments.

Michael Pascoe

The hidden victims of affordable housing

housing prices.

Michael Pascoe Could an extended period of subdued house price increases – the preferred path to more affordable Australian housing – wipe out a generation of would-be entrepreneurs?

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Michael Pascoe

RBA miss negates minutes' smile


Michael Pascoe The missed growth forecast aside, the RBA minutes are relatively upbeat - but there is an intriguing warning on Japan.

Michael Pascoe

Watchdog lacking any bite as scammers fleece us

Much of the increase in losses is due to hacking of online retailers and stolen card details, although increasingly it a result of home computers being compromised.

Michael Pascoe The ACCC doesn't even try to lumber fraudsters and scam artists – it just hopes to "disrupt" them with a little education of us mugs.

Michael Pascoe

Managing the risks when warning labels fail

Michael Pascoe There's nothing to be done now about the reputational damage VW has suffered by trying to stonewall concerns over vehicle safety and having to be reluctantly dragged and badgered into a massive...

Michael Pascoe

Employment a game of unders and overs


Michael Pascoe Another month, another miss in the consensus estimate of the latest minor movements in the labour force.

Michael Pascoe

Strong and steady China – get used to it

China has opened the world's longest high-speed rail line, which runs 2298 kilometers from the country's capital in the north to Guangzhou, an economic hub in the Pearl River delta in southern China.

Michael Pascoe China's economy is not “slowing”, it’s stabilising at a strong and more sustainable level of growth.

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Labor's labour labours

Labor's labour labours (Thumbnail)Click to play video

Michael Pascoe The numbers of unemployed grows as does the number employed. The Business Week Ahead. Michael Pascoe comments.

Michael Pascoe

The missing GDP: the governments did it

Holden parliament

Michael Pascoe Sometimes what is not reported is more amazing than what is. In commentary after commentary, broadcast and in print, the biggest single factor in weakening the March quarter GDP has been ignored.

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Save the Bridge lights!

Save the Bridge lights! (Thumbnail)Click to play video

Michael Pascoe The lights are going out on the Bridge with the end of Vivid Festival. This means needlessly killing off the world's largest interactive artwork. Michael Pascoe comments.

Zara a runway success, and a taxpayer


Michael Pascoe Turns out fast-fashion success story Zara is cashing in on Australian consumers.

Michael Pascoe

Zara ripping us off too - but paying tax


Michael Pascoe Retail chain Zara is doing better in Australia than elsewhere in the world - not least because the competition is so slack.

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Michael Pascoe

Monetary mandarins relax

Reserve Bank of Australia.

Michael Pascoe The RBA this month is in its very favourite position: holding rates steady but willing and able to cut again if required.

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