Michael Pascoe

Michael Pascoe

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

ASIC, ANZ and hairy-chested brinkmanship

Michael Pascoe A year or two down the track, deep in legal bills and reputational damage, ASIC and the ANZ bank might both wonder why they didn't settle their case over attempted rate rigging.

Superannuation: ready, fire, aim!

Michael Pascoe

Michael Pascoe The government is paying a price for its own tardiness.

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Michael Pascoe

No child shall live in unemployed poverty without generous super

Michael Pascoe

Michael Pascoe It's not just Labor that will have problems with well-meaning definitions and slogans.

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Michael Pascoe

Andrew 'Twiggy' Forrest should remove the plank in his self-serving eye

Michael Pascoe

Michael Pascoe There's something rather breathtaking about the ability of very wealthy individuals to be particularly self-serving.

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Malcolm Turnbull wooing South Australian votes with gifts for the incompetent

Michael Pascoe Arrium's performance has been somewhat less than confidence-inspiring, but the Prime Minister is apparently happy to champion it.

World trade hasn’t collapsed, it’s just cheaper

Michael Pascoe

Michael Pascoe Looking beyond the headlines, the international trade story is perhaps not being as bleak as generally painted.

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Manufacturing the next cab off our growing exports rank

Michael Pascoe

Michael Pascoe The unheralded good news: our weaker dollar is steadily kicking in to help our manufacturing exporters.

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Michael Pascoe

Business confidence v doomsday headlines

Michael Pascoe

Michael Pascoe Australian business types have been whinging for so long, it looks like they've forgotten how to stop.

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Michael Pascoe

The government just claimed to be too stupid to govern

The government appears to have lost enthusiasm for fixing the flat 15 per cent tax on super guarantee levy contributions.

Michael Pascoe The government has botched its chance at real reform, meaning all it's left with is this.

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Trump more than a black swan event

FILE - In this Feb. 26, 2016, file photo, Republican presidential candidate Donald Trump gestures during a speech at a rally in Oklahoma City. Democrats increasingly view Trump as the likely Republican nominee and are seeking consensus on the best way to challenge the billionaire's unpredictable appeal in a general election. (AP Photo/Sue Ogrocki, File)Click to play video

Michael Pascoe The idea of Donald Trump becoming President of the United States at the start of the year seemed way-out-there but now it doesn't seem so fanciful. Michael Pascoe comments.

Donald Trump as US president no longer a black swan event

The Trump name turns up most frequently in the United States

Michael Pascoe Trump's protectionism, jingoism and Putin-esque ego are a threat to Australia's well-being.

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An open letter to the 24 millionth Australian

A British family disembark from their ship as they arrive in Australia.

Michael Pascoe Day 160216 to the 24 millionth Australian, before you board the plane.

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Don't bet on genuine tax reform in the Budget

Michael Pascoe

Michael Pascoe It's possible that Malcolm Turnbull and Scott Morrison might have a cunning plan to unleash genuine tax reform – but you certainly wouldn't bet on it.

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Business driving ahead despite market jitters

Michael Pascoe

Michael Pascoe What's going on in the auto showrooms reinforces a key domestic economic story over the second half of this decade.

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Services exports a silver lining

Michael Pascoe We’re now enjoying an overall international tourism surplus after many years of Australians’ wanderlust and a high dollar delivering a deficit. Michael Pascoe comments.

Tourism is seriously good business for Australia

Michael Pascoe It wasn't all bad news in the December trade statistics, but sometimes any excuse will do.

Tax reform ruined by rule of thumb

Michael Pascoe The tax debate Morrison refuses to have. How much government spending do we actually want and how much tax is healthy for us? Michael Pascoe comments.

Michael Pascoe

Government spending: a AAA-rated furphy

Michael Pascoe

Michael Pascoe Truisms about government spending are one of the biggest furphies in the tax debate that we aren't actually having.

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The RBA cut we're still waiting for

Michael Pascoe

Michael Pascoe Funny thing about the next interest rate cut that the money market thinks will happen by October: it's the rate cut that's been six months away for the past nine months, a forecast that just keeps...

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Are markets out of step with RBA?

AFR photo.  generic ASX stock board shares investors investment portfolioClick to play video

Michael Pascoe When it comes to interest rates, as every punter should know, just because a horse is an odds-on favourite, it isn't necessarily going to win.