Michael Pascoe
Don’t believe the headlines – real wages growth remains negative
Good things are supposed to come in threes – the best wage price index growth in years, more strong employment growth and...
At long last the countdown for wages growth begins – maybe
Wednesday, November 14, 11.30 am – people who keep watch on where our economy is going are counting down to that deadline...
Forget the price drop. This is the real housing crisis
Australia’s household debt-to-income ratio is a regular source of scary headlines. Every pet shop galah knows we’re among the most indebted people...
Consumers turning their backs on car yards
New vehicle sales figures are published a month earlier than retail sales statistics and are proving an interesting indicator of consumer spending....
Patriotism, the last refuge of the scoundrel, waves its flag
“Patriotism is the last refuge of the scoundrel,” said someone 243 years ago. And on cue sundry blowhards chime in at every...
How the doomsayers got it so wrong on interest-only loans
Remember the Doomsters’ “interest-only housing cliff”? It turned out to be a bump In the constant search for a scary headline promising...
Despite all the scary headlines, RBA sees our banks growing stronger for longer
Another day, another investment bank providing scary headlines about our banks and housing – Australia is the advanced economy most vulnerable to...
To see ourselves as others see us: ‘The most successful rich economy’
Fellow Queenslander, the artist Lloyd Rees, once said he felt sorry for people born in Sydney “because they never saw it with...
No, Scott Morrison is not cutting our power bills: PM’s latest stunt debunked
The inanity of some political stunts, the need “to be seen to be doing something”, is on full display with Scott Morrison’s...
The PM’s narrowing of the broad church’s gospel is emptying the pews
Scott Morrison likes a sermon. On Saturday night he employed some of the preacher’s rhetorical flourishes that helped make Martin Luther King...