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The Latest Articles by Michael Pascoe

Michael Pascoe: We now have 26 million reasons to work for a better Australia

I missed a milestone in July 27 – the arrival of the 26 millionth Australian. If you are a baby, you bring promise, renewal and our future

The New Daily

Michael Pascoe: Echoes of ‘sports rorts’ as NSW rolls out the pork barrel

Dominic Perrottet last year pledged “to support in principle” putting an end to pork-barrelling. The latest numbers put pay to that claim

The New Daily

Michael Pascoe: RBA on the precipice of its second big mistake

The RBA needs to chill to find out what it has actually done, Michael Pascoe writes.

The New Daily

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Superannuation is no gamble – and there is no place for crypto

So would you like to gamble with your superannuation savings? Go down to the casino and put it all on red?

The New Daily

Michael Pascoe: The Pope’s a Catholic and forecasting is a mug’s game

The RBA had done all that could be done with monetary policy to fight the possibility of recession/depression from a global pandemic

The New Daily

Michael Pascoe: From COVID to carbon, the world has simply given up

We’ve had politicians and most of our newspapers and Big Carbon refusing to believe we have a climate change crisis.

The New Daily

Michael Pascoe: Interest rates won’t work like they used to

The RBA board should be thinking very, very seriously about before lifting interest rates again, Michael Pascoe writes.

The New Daily

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Michael Pascoe: Once more for the dummies – we need higher wages

Inflation is more than double the headline wages growth – wages are lagging, not leading, Michael Pascoe writes.

The New Daily

Michael Pascoe: Memo G20 – there is a greater enemy than China to fight

Climate change tipping points are a very real threat to Australia, but China is not.

The New Daily

Michael Pascoe: The budget without reply

Next Thursday the Sydney Liberal Party faithful are being invited to pay $880 a seat for lunch and to listen to a budget reply.

The New Daily

Michael Pascoe: Albo does a ‘Joshy’ on infrastructure – and everybody falls for it

Prime Minister Anthony Albanese on Sunday trotted out the good ol’ “billions of dollars for infrastructure” fairy floss.

The New Daily

Michael Pascoe: Worried about Australia’s sovereignty? Don’t bother, it’s gone

Australia could do its own foreign policy, its own security pacts, but it's too late. Our strategic sovereignty is outsourced to the US

The New Daily

Michael Pascoe: Morrison heeded the Tooth Fairy when Treasury warned against tax cuts

In 2018, when Scott Morrison announced his tax-cut package, Treasury laid out in black and white the grounds for scrapping Stage Three

The New Daily

Michael Pascoe: In tough times, we’re still lucky

It might seem perverse, but there’s something reassuring about the markets and so much commentary predicting recession and disaster.

The New Daily

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The New Daily

Michael Pascoe: When everyone knows what’s needed, but none is game

Everyone involved in public policy knows we need some serious tax reform, but there’s no sign of anyone with the ticker to do it.

The New Daily

Queensland shows the way by moving against cross-border land tax minimisers

Queensland is making amends for abandoning death duties with a plan to rationally calculate and collect land tax on a national basis.

The New Daily

Michael Pascoe: US is ramping up its war on China

Another week and more shots fired in the US-China war, this time America the aggressor while Australia mutely remains in step.

The New Daily

Michael Pascoe: Employees may be paying the price for being ‘meek’ and ‘loyal’

Employees are increasingly switching jobs to boost there wages. There is another option that could help get you a pay rise.

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The New Daily

Michael Pascoe: The Governor-General may have some questions to answer about this charity

This is a story about a story that nobody else seems to think is a story. When the story is about the Governor-General’s rather odd $18 million pet

The New Daily

Michael Pascoe: Beware self-interest driving summit productivity chatter

Productivity growth is a lot like Dudley Warner’s line on the weather – it is a matter about which a great deal is said, but very little done.

The New Daily

Australia’s problem gambling capital is looking for more pokies, and here’s who profits

You may suspect the last thing a socially-challenged town like Alice Springs needs is more gambling machines, but that’s just what is proposing.

The New Daily

No accounting for Qantas crying poor, not with its solid cash flow and $3.3bn in the bank

The headlines say Qantas has recorded a loss of $1.9 billion. Yet it has launched a $400 million share buyback and holds $3.3 billion in cash. Go figure

The New Daily

Michael Pascoe: Which way is up for our economy? Or is it down?

Keep an ear out for the various experts who were forecasting harder and faster interest rate hikes by the RBA. I suspect they might be going a little quiet.

The New Daily

If Labor is serious about electric vehicles, fixing the fringe-benefits tax is the next step

If Labor were serious about EVs, it would drop the government’s annual billion-dollar subsidy for fossil-fuel cars through the novated lease rort.

The New Daily

The Liberals face being engulfed by a rising tide of independents

That perception of politics as usual papers over the extent of genuine political revolution that occurred on May 21 with the ascent of the Teals.

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