Michael Pascoe

Michael Pascoe

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

Business Week

The week ahead with Michael Pascoe

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Michael Pascoe This is a week full of local news even with the reporting season officially concluded.

Michael Pascoe

Business reckons Australia is a good bet

Mining boom

Michael Pascoe Never mind businesses saying times are tough and uncertain, that their confidence is low and the sun won't come out tomorrow.

Comments 6

Michael Pascoe

Ben, don't do it, step away from QE3

U.S. Federal Reserve Chairman Ben Bernanke testifies at a Joint Economic Committee hearing on economic outlook and policy on Capitol Hill in Washington, June 7, 2012.     REUTERS/Jason Reed  (UNITED STATES - Tags: POLITICS BUSINESS)

Michael Pascoe Odds are that the Fed chairman's increasingly-awaited speech will be more of the recent same, leaving the possibility of another round of quantitative easing blowing in the breeze.

Comments 41

Michael Pascoe

Bears beaten down with a week to go

Bull, Bear, Stocks and Shares

Michael Pascoe So where’s the corporate disaster we were widely promised? Companies on average are doing better than expected and certainly better than last year.

Comments 55

The week that was with Michael Pascoe

24/08/11. Pics © Copyright Julian Andrews 2011.

Commission May0033825 Assigned

Portraits of Marius Kloppers, the CEO of BHP Billiton announcing the company's results in London.Click to play video

Michael Pascoe Now that's what I call a week - political hijinks, tales of corporate success and misery, and the RBA governor setting everyone straight.

The week that was with Michael Pascoe

24/08/11. Pics © Copyright Julian Andrews 2011.

Commission May0033825 Assigned

Portraits of Marius Kloppers, the CEO of BHP Billiton announcing the company's results in London.Click to play video

Michael Pascoe Now that's what I call a week - political hijinks, tales of corporate success and misery, and the RBA governor setting everyone straight.

Michael Pascoe

The Qantas conundrum

Qantas

Michael Pascoe Here’s the Qantas Catch 22: it can’t afford to spend $8 billion upgrading with 35 Boeing 787s, but how will it be able to compete in a few years’ time without them?

Michael Pascoe

The boom goes on - without the bubble

The environment groups are concerned about the impact of the export coal boom.

Michael Pascoe BHP's Olympic Dam announcement finally gave Tony Abbott some bad news in which to revel, but the commodities boom is far from over.

Comments 134

Michael Pascoe

Larry Pickering - the conman stalking Gillard

Pickering

Michael Pascoe Aside from Slater and Gordon denying the allegation, there's a major problem with the latest instalment in the vitriolic anti-Gillard campaign being waged by Larry Pickering: it's being waged by...

The week that was with Michael Pascoe

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Michael Pascoe The story of this reporting season remains one of companies not wanting to disappoint analysts' guesses.

Michael Pascoe

Henry lives! Big new taxes coming ... some day

Dr Ken Henry

Michael Pascoe The Henry tax review is alive and kicking, the flame kept burning in places as diverse as the Treasury, Moody's and anywhere that the nation's future is seriously considered.

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Michael Pascoe

Raiding the bank penalty money pot

barrister

Michael Pascoe Class actions such as the battle with ANZ over bank fees show Australia is headed down the US path of excess litigation.

Comments 50

Michael Pascoe

Beyond the headlines, China grows strongly

ship

Michael Pascoe You've seen the headlines about shocking Chinese economics statistics disappointing markets, now try the story: China is growing strongly.

Comments 44

The week that was with Michael Pascoe

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Michael Pascoe The end of a week when profits – and losses – were measured in billions, when the labour market continued to hold up, when Chinese and Australian inflation continued to go down.

Michael Pascoe

The big bull call: bear market is over

Bull

Michael Pascoe A couple of analysts reckon the stars are finally aligned: the five-year bear market for equities ends this month.

Comments 100

Michael Pascoe

RBA looks beyond market's fear and loathing

Mask

Michael Pascoe With most pointers looking positive for the Australian economy, the Reserve Bank almost has reason to be cocky.

Comments 9

Michael Pascoe

Life in a low-inflation climate, carbon tax and all

Carbon tax

Michael Pascoe A very early reading suggests there's no strain at all for the RBA to keep its promise of ignoring the carbon price effect, just as it did the introduction of the GST.

Comments 16

The week that was with Michael Pascoe

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Michael Pascoe The end of a week that saw foreign central banks continue to talk a stimulation game but do nothing, while James Packer talks a Crown casino for Sydney as if it’s a done deal.

Michael Pascoe

China reaction: fire, ready, aim!

China

Michael Pascoe There's already been too much written about Olympic medals or the lack thereof, but there's a little symbolism on offer of something much bigger than one smallish country's pre-occupation with...

Comments 7

Michael Pascoe

Retailers have little to whinge about

Michael Pascoe The gap continues to widen between what consumers say and what they do as retail spending surged ahead in the June quarter.