The overlooked MYEFO bit that matters most
The fixation with the budget deficit being a few billion one way or the other is arguing about the fleas on the dog – it's economic growth that decides whether the dog is fed or not.
-
Michael Pascoe
Michael Pascoe is a BusinessDay contributing editor. He comments on companies, markets and the economy.
'Tis the season to complain about superannuation
Despite the occasional talk, politicians aren't prepared to do what's necessary to fix the problem of employers not paying superannuation.
The tale of two parliamentary housing inquiries
What an amazing difference 19 months can make for parliamentary inquiries into housing affordability and ownership.
How ScoMo discovered good and bad debt on the way to MYEFO
Congratulations are in order as ScoMo's epiphany represents a major break with the Abbott/Hockey dogma of all government debt being evil.
Enjoying your interest rate cut?
The Fed's well-telegraphed move early this morning is a key part of why our central bank has not cut its cash rate again.
The 'wake-up call' that's been ringing for years
Treasurer Morrison labelled this week's surprisingly low September quarter GDP number as a "wake-up call". What he didn't say is that it's a call that's been ringing for three years.
Woolworths may have acted legally, that doesn't make it right
There's a big difference between something being legal and being morally right.
In a sellers' market, why are vendors being contract mugs?
Vendors are signing real estate agency agreements that read as if the agents are doing a massive personal favour listing the property. And this when most properties in the hotter markets are close to selling themselves.
RBA won’t mind this week’s GDP number – the March quarter will be worse
There could be an interesting moment during Tuesday's Reserve Bank board meeting: when the members consider that the bank's forecast of year-to gross domestic product growth dropping to about 2.5 per cent has arrived nine months early.
Doom and gloom focus switches to GDP
Seekers of dark linings to silver clouds are in the process of switching horses ahead of Wednesday's National Accounts Stakes, jumping off National Income Recession and climbing aboard GDP Dive.
Search pagination