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Columnist Michael Pascoe

Michael Pascoe

Michael Pascoe

Michael Pascoe is one of Australia's most respected finance commentators with more than three decades in newspaper, radio, television and on-line journalism.

previous posts
Government-imposed inflation
On the face of it, today's Consumer Price Index numbers are a bit worse than expected and add to the case for the Reserve Bank to lift interest rates, but there's a case to be made for the RBA to ignore most of the CPI rise – but still to
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NAB the other banks for fee cuts
Well done NAB for finally doing the right thing on bank fees, especially the outrageous penalty fees that have been lining bank profits for decades. And now it's up to us to make the other fee-gouging laggards follow the NAB's lead. Funny
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Once more for the dummies: RBA is pushing growth
As usual, straight-forward economic policy is being clouded by wilful political spin doctors and those who just don't understand, so once more for the dummies: the Reserve Bank is still stimulating our economy, still pushing growth along with low
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RBA declares peace in our time - so up go interest rates
You already knew, didn't you? Interest rates as low as they've been for borrowers were simply were too good to last. But they also were a sign of an economy in trouble that you wouldn't want to last. As we've written in the space
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We DON'T want higher house prices
Rising house prices are a double edged sword - one that's much too dangerous for the nation, despite the hopes of the occasional real estate investor. I was interviewed recently on the state of the economy, interest rates, the reduction in the
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