Michael Pascoe

Michael Pascoe

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

Michael Pascoe

Blame all round for the resources rent tax

Prime Minister Julia Gillard and Opposition leader Tony Abbott.

Michael Pascoe It’s been a miserable week for the mineral resources rent tax and all who have ever had anything remotely to do with it – including the Liberal Party.

Comments 102

Michael Pascoe

Consumer sentiment up, spruikers surging, it must bull

Bull, Bear,

Michael Pascoe Consumer sentiment jumps, there’s a surge in advertising for get-rich-quick spruikers, the newsletter peddlers are turning from fear to greed – with the surge in bull, it really might be a bull...

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Michael Pascoe

Packer rolls the dice with dazzling PR blitz

james packer, barangaroo

Michael Pascoe There's no point anyone else bothering to enter the Public Relations Institute of Australia's Golden Target awards this year - Team Packer blitzed all possible entries last night by taking over...

Comments 238

Michael Pascoe

Thank the jobless for home loan savings

AFR SPECIAL REPORT Piggy bank with money pouring out of it. generic savings, superannuation, fees, banking.  Thursday 10 November 2005 AFR photo Louie Douvis SPECIALX 44138
piggy bank /  broken bank / coins / hole in savings / pig

Michael Pascoe On the face of it, today's labour force statistics are more of the same, but there's something happening under the surface.

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Michael Pascoe

Lessons of a banker's lunch leave lot to digest

michael-pascoe-dinkus

Michael Pascoe It's taken just 21 hours to make the Reserve Bank's decision to sit pat look a little 'brave'.

Michael Pascoe

Retail sales – missing ingredient in the RBA stew

sales

Michael Pascoe It’s taken just 21 hours to make yesterday’s Reserve Bank decision to sit pat look a little “brave” and not the sure thing market economists were tipping.

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Michael Pascoe

Next rate cut up to the banks

The Reserve Bank gets ready to cut interest rates in the wake of a free-falling iron ore price.

Michael Pascoe The RBA is willing and has room to trim rates further if the world turns nastier - but it's in no hurry to do so.

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Michael Pascoe

Building Victoria: Who wants to pay more tax?

Michael Pascoe I had no idea that the Victorian economy was as hopelessly stuffed as local industry leaders claimed today.

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The week that was with Michael Pascoe

The week that was with Michael Pascoe (Thumbnail)Click to play video

Michael Pascoe Julia has two hopes: that it takes more than eight months for Craig Thomson's case to be heard and that Tony Abbott remains the opposition leader.

Michael Pascoe

Super's tax concession blowout comes at a cost

michael-pascoe-dinkus

Michael Pascoe When Abbott rules out changes to super only in his first year as PM, you know both parties are taking aim.

Michael Pascoe

Treasury takes aim at super perks

A council superannuation scheme now experiencing a massive shortfall would be 'one of the biggest financial risks facing councils in the next 10-15 years'.

Michael Pascoe When Treasury fingers superannuation as being the nation’s biggest tax concession, surpassing even owner-occupied housing’s privileges, you know it's in the firing line.

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Michael Pascoe

Statistics show there's no reason to whinge

Cash

Michael Pascoe People working for the man last year suffered barely any rise in inflation.

Michael Pascoe

Carnegie and raiding party face credibility test over next target

Debate at IQ squared. America Has Lost Its Moral Authority. In favour are Bob Carr, Paul McGeough and Owen Harries. Against are Mark Carnegie, Geoff Garrett and Martine Letts. Mr Mark Carnegie makes his points.
Wednesday 29 October 2008
SMH News Photograph by JON REID/JHR

Michael Pascoe Qantas deal not insider trading, but one might wonder if it is something rather close to it.

Michael Pascoe

Barely any inflation - if you're an employee

The ultra wealthy are a difficult breed to spot - and that's ecactly how they like it.

Michael Pascoe Here's a factual story you won't believe: employees last year suffered barely any rise in inflation, defying all the talk of rising cost-of-living pressures.

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Michael Pascoe

Gingering up a Qantas profit

Qantas

Michael Pascoe Did the Carnegie crew know something about Qantas that the rest of the market did not? It's a reasonable question.

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Business Week

Michael Pascoe: Surplus worship

Michael Pascoe: Surplus worship (Thumbnail)Click to play video

Michael Pascoe Australia is back to work, the children are back to school and the politicians are back in the sandpit.

Michael Pascoe

Politics sending the economy the wrong way

Prime Minister Julia Gillard and Opposition Leader Tony Abbott

Michael Pascoe It’s a miserable start to an election year when both sides of politics have already effectively ruled out doing anything substantial to help ease the reliance on commodities.

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Michael Pascoe: Japan a go-go

Japan a go-go (Thumbnail)Click to play video

Michael Pascoe What will be the outcome of Japan embarking on a massive stimulus gamble after a couple of decades in the doldrums?

Michael Pascoe

Japan's jump to the right a concern

Members of a Japanese nationalist group raise Japanese flags as they land on Uotsuri island

Michael Pascoe Reflation can be a good thing for a country bogged down by deflation, but only if it works and the patient can eventually be weaned off the drug.

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Michael Pascoe

Obeids' trust is the best ad for tax reform

obeid

Michael Pascoe How nice to see that public-spirited Obeid family campaigning so hard to end the rort that is the family trust system. Well done, Eddie, Moses and the rest of them.