Business

Michael Pascoe

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

A key reason given for the decision is to encourage employment in the hospitality industry, which is already our star ...

Why penalty rates should be sharply higher

This is interesting: the Fair Work Commission has pretty much agreed with the Productivity Commission's recommendations on penalty rates, so penalty rates should be sharply higher for everyone on shift work.

Trump has made it clear he intends to use public browbeating and threats to get companies to keep jobs in the US.

Unskilled and unable: Trump's great jobs lie

For all the turmoil marking the first weeks of President Trump, the big boot is yet to drop. That's when the angry heartland realises the factory jobs aren't coming back, whatever Trump promised.

Treasurer Scott Morrison

Look! ScoMo unleashes a Liberal revolution

The federal Treasurer and the Finance Minister threw several years of Coalition dogma out the window and it's been reported as if it's just another day at the office.