Slugging banks is the fairest way to raise billions
If you think the big new bank tax is outrageous and unfair, tell us what would be a better, fairer way to raise a quick $1.6 billion or so next year.
Michael Pascoe is a BusinessDay contributing editor. He comments on companies, markets and the economy.
If you think the big new bank tax is outrageous and unfair, tell us what would be a better, fairer way to raise a quick $1.6 billion or so next year.
Reborn big-taxing, big-spending Scott Morrison shows he's a much better salesman than Joe Hockey.
One of the great mismatches is how little property developers are accused of giving to politicians from time to time and the massive amounts politicians gift to the developers – some $11 billion a year, according to a new book by two Queensland economists.
There's an interesting test of Donald Trump's presidency coming up tonight: does Wall Street think he has any credibility?
A Caterpillar and Komatsu cavalry is arriving just in time to save the next two federal budgets.
Iron ore prices are retreating again and the overall Chinese economy is growing less quickly, but one sector is skyrocketing.
We might seem to forget it sometimes, but Australia has more economic challenges than just Sydney and Melbourne housing prices.
With a dash of true conservatism, Scott Morrison wants the vast majority of our housing market to keep doing just what it's been doing.
Hats off to Brian Hartzer for the use of understatement by declaring APRA's alleged crack down on real estate investors wouldn't have 'any particular profitability impact'.
It says plenty about the state of Australian politics that so much policy is viewed through the lens of Sydney and Melbourne housing affordability, writes Michael Pascoe.
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