Sydney householders sitting very tight – we don’t want to sell
Here's a simple graph that tells an amazing story – the owners of Sydney's housing don't want to sell.
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Michael Pascoe
Michael Pascoe is a BusinessDay contributing editor. He comments on companies, markets and the economy.
One step forward, two back: How to rort 457 visas
No names, no pack drill, but here's how to rort the 457 temporary worker visa system and whatever the government renames it.
Don’t fret the GDP score – watch the game instead
It looks like déjà vu all over again for Scott Morrison as he fears another weak gross domestic product figure on Wednesday.
Property market scaremongers need to pipe down
There's nothing like a prominent visiting economist spruiking imminent ruination to get plenty of media attention.
Man up, Malcolm, fill the budget's other big black hole
The obvious major missing ingredient in Scott Morrison's 'backflip' budget was the lack of actual tax reform - but there is another glaring black hole. Turnbull's leadership remains weak as long as he's unable to convince his backbenchers that it's OK to come out from under the lump of coal now, that we can move on from Abbott's whatever-it-takes.
How our tax system doesn't hurt the ultra-rich
Tell me again about the terrible burden of our progressive tax system, of how the wealthy pay too much tax.
Forget the bank tax! I'll buy some bank shares now
When it comes to mounting a scare campaign, the big four banks' CEOs and chairmen are more Casper the Friendly Ghost than Freddy Kruger, more Pooh Bear than Chucky.
ScoMo's economic fairy tale doesn't add up
Scott Morrison's budget projections rely entirely on orthodox economic thinking about what drives wages. Unfortunately that orthodox thinking is demonstrably wrong.
Coming for the tax lawyers – and quantity surveyors?
First they came for the tax lawyers and accountants. Are quantity surveyors going to be the next political tax target?
Forget the banks, there's a better way for tax reform
Clean up some of our more obvious rorts and trim the capital gains tax discount, and we'd be well on the way.
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