![It looks like RBA governor Philip Lowe needs to find out what it's like in the real world beyond Martin Place.](http://web.archive.org./web/20170728033858im_/https://www.fairfaxstatic.com.au/content/dam/images/g/x/j/5/o/w/image.related.landscape.460x307.gxjhck.png/1501117724949.jpg)
RBA governor signals ignorance of the real world
If you were searching for reasons for stubbornly low wages growth, you'd think executive incentives and the decline of unionism would rate a mention.
Michael Pascoe is a BusinessDay contributing editor. He comments on companies, markets and the economy.
If you were searching for reasons for stubbornly low wages growth, you'd think executive incentives and the decline of unionism would rate a mention.
Standard procedure for gormless politicians is to tax by stealth. So it is with infrastructure levies on new housing.
The size and wealth of the beast means Bill Shorten could find himself facing a battle that would make the anti-mining tax fight look mild.
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The markets were roiled by the RBA minutes, but they really shouldn't have been.
Medibank's CEO appears to be playing the PR game of blame-someone-else-for-your-challenges.
First home buyers were meant to be waiting until July 1 to jump back into the market, but NAB's latest survey paints a different picture.
In various city towers, bureaucrats are pondering to whom and when they should gift hundreds of millions of dollars, perhaps even billions, by the stroke of a rezoning pen.
One of the legacies of the Abbott era could cost Australia $500 billion over the next decade.
There's no shortage of housing forecasts but none quite like this one: rather than the key markets cooling, they are about to be hit by a demographic tsunami.
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