Michael Pascoe
When there’s nothing else, flick the switch to the housing market
The online Australian Financial Review offered a headline that surprised with its naivety on Tuesday afternoon: How good are the RBA’s rate...
The million-dollar winner from Labor’s loss
Geoff, the fund-manager half of the Wilson (somewhat-removed) cousins who ran the franking credit refund revival circus, reportedly told his investors he...
Michael Pascoe: So, what is the growth policy Mr Morrison?
Before the election, Scott Morrison told the nation we needed a party with a growth policy. Now that the election is over,...
Vale Bob Hawke, the chairman Australia needed
As one bank CEO told me, you could go into a meeting with Bob Hawke wanting one thing, all fired up, and...
Why this just became the election not to win
There’s a question going around: Will Bill Shorten cop a hospital pass if Labor wins on Saturday? This week has seen the...
Unemployment jumps, RBA locks in interest rate cuts
By its own published criteria, the Reserve Bank has locked in interest rate cuts in light of the seasonally-adjusted April unemployment rate...
Yet again, wages growth fails – our biggest domestic challenge
The latest Australian Bureau of Statistics graph tells the story – wages growth continues to go nowhere. The “green shoots” the Reserve...
Hey PM, you’re either lying or ignorant about the RBA’s forecasts
Prime Minister Scott Morrison is either desperately lying or ignorant about the Reserve Bank seriously downgrading Australia’s economic outlook – a downgrade...
Frydenberg’s budget torpedoed: RBA signals interest-rate cut is coming
To cut to the chase, the Reserve Bank is forecasting it will have to cut its official interest rate by 50 basis...
The RBA – a triumph of hope over experience
The Reserve Bank’s decision to leave official interest rates unchanged is understandable. But also perplexing and rather sad. It’s a triumph of...