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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
Banks playing good and bad guys
Last week the Reserve Bank provided the definitive verdict on just how our Big Four banks were behaving during the present global market turmoil. The funny thing was that the commentariat couldn't agree on what that verdict was. The RBA spelt out
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Pretend interest rates are higher
There's more than a little funny business going on with banks and home loan interest rates right now but for anyone taking out a mortgage, especially their first mortgage, the Commonwealth might be doing a favour in scaring everyone. One of the
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Cripes, where did the year go?
Hang on, can this really be nearly mid-June? I was just recovering from Christmas and suddenly the financial year is as good as over - time for some panic. And as regular as last-minute Christmas present shopping and mid-year department store sales,
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Why we have it good - relatively speaking
This week's economic news might actually be better than it looks - and I'm not talking about Tuesday's GDP numbers avoiding a "technical" recession because they're perhaps not as good as the headlines have made out. And if
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Iron ore price cut good news
So Rio has cut a deal that slashes iron ore prices by an average of 37 per cent and will cost the iron ore industry $12.7 billion in revenue - how good is that! Rather than send economists scurrying to knock the Federal Budget's out-year growth
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