The ability to exert influence in public life is not easy, whether someone is in a prominent position or not.
Michael Pascoe is a BusinessDay contributing editor. He comments on companies, markets and the economy.
Michael Pascoe Australia just might have found out what the Treasury really thinks of the economy, as opposed to what the Treasurer says. Michael Pascoe comments.
Michael Pascoe Greece makes for plenty of headlines, but after so much brinkmanship, does it matter all that much?
Michael Pascoe Only six nations have never defaulted on their debt, including Australia. What does it mean for the world economy if Greece does? Michael Pascoe comments.
Michael Pascoe Another extraordinary week in Federal politics. The policy failures, the mistakes omission and commission, continue to affect the economy and our future. Michael Pascoe comments.
Michael Pascoe While would-be first home buyers continue to get most of the attention, it's the working poor, pensioners and students battling trying to rent who face the real crisis.
Michael Pascoe Try finding a politician ready to be honest with the public and with the communication skills to explain that government debt isn’t necessarily such a bad thing after all. Michael Pascoe comments.
Michael Pascoe Almost all our politicians run and hide at the suggestion, even though every state treasurer knows it would be the right thing to do.
Michael Pascoe Australia’s national obsession with housing reached something of a crescendo this week as Joe Hockey gaffed again. Michael Pascoe comments.
Michael Pascoe They're a vindictive lot, the Abbott regime. So what does that mean for RBA governor Glenn Stevens and his deputy, Philip Lowe, who have been publicly telling the government its economic...
Michael Pascoe Within the restrained conventions of what our central bankers say about government policy, Stevens' speech is red hot.
Michael Pascoe Australia's million plus landlords might not be too happy with the Greens proposal to scrap negative gearing. Michael Pascoe says 'good luck with that'.
Michael Pascoe The superannuation system needs examination and reform but the government won’t touch it. Michael Pascoe comments.
Michael Pascoe If you leave out bolshie Victorians and construction workers, Australia is close to strikeless.
Michael Pascoe Up to 20 per cent of employers could be failing to meet their super guarantee obligations, according to internal Australian Tax Office risk assessment.
Michael Pascoe Paying ridiculously high credit card interest is one of our entirely optional "stupidity taxes". And as long as people willingly pay it, banks will be happy to collect it.
Michael Pascoe The Sydney housing bubble is real enough, everyone except the Prime Minister and Treasurer seem to agree, but that can't be the RBA's prime consideration.
Michael Pascoe The smattering of snow wasn't the only wintry blast in Canberra on Monday.
Michael Pascoe It's not even three weeks old, but after a happy birth, Joe Hockey's second budget has been sent to the sick bay by the Australian Bureau of Statistics.
Michael Pascoe Maybe banks are speaking publicly about trimming discounts for property investors to avoid bringing attention to tougher standards for all loans.
Michael Pascoe What does it say about Australia when we're buying more C-class Mercedes than Falcons?