![At best, Donald Trump is a 'loose cannon'.](/web/20170129012353im_/http://www.canberratimes.com.au/content/dam/images/g/t/z/6/c/4/image.related.landscape.460x307.gtzgvw.png/1485573076031.jpg)
Australia is investing billions in a madman
Donald Trump's statement that the US should have taken Iraq's oil after invading their country in 2003 is a worry on a number of fronts.
Michael Pascoe is a BusinessDay contributing editor. He comments on companies, markets and the economy.
Donald Trump's statement that the US should have taken Iraq's oil after invading their country in 2003 is a worry on a number of fronts.
On April 6, 1917, the US officially entered World War I. Just six weeks short of 100 years later, Donald Trump is being sworn in. Thus ends the "American Century".
How much is it worth to save an Australian life? The Department of Prime Minister and Cabinet says not more than $4.2 million, on average.
Trump's cosying up to Vladimir Putin is straight out of the Nixon/Kissinger realpolitik playbook, seeking to befried Russia to better contain China, the country he sees as the biggest threat to the US as the world's biggest economy.
Arguably the world’s biggest bear at this time last year seems to have disappeared, but the bull who most publicly called him out has himself turned into a bear.
Multiply the number of shirts worn in Australia by the time it takes to remove their natural wrinkles, and you pretty much have the national productivity crisis laid out on your ironing board.
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.
Despite the occasional talk, politicians aren't prepared to do what's necessary to fix the problem of employers not paying superannuation.
What an amazing difference 19 months can make for parliamentary inquiries into housing affordability and ownership.
Congratulations are in order as ScoMo's epiphany represents a major break with the Abbott/Hockey dogma of all government debt being evil.
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