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The Latest Breaking News from Michael Pascoe

Michael Pascoe: Gambling industry’s extraordinary hold over NSW Labor continues

NSW also has the most EGMs per head, which means NSW residents blow more money gambling than other Australians.

The New Daily

Michael Pascoe: Liberal Party unable to be honest with itself, let alone the nation

“If you can’t be honest with yourself, you can’t be honest with anyone.” That little homily is playing out for the federal Liberal Party.

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

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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

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: 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

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

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Michael Pascoe: NDIS honeypot inevitably attracting fat flies

There is serious money seeking to make more serious money out of the NDIS – the promise of a honeypot growing to $60 billion will do that.

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: Will NSW’s political parties put people before donors? Don’t bet on it

Will the NSW government get out from under the thumb of the gambling industry? Alan Kohler writes he's not betting on it.

The New Daily

Michael Pascoe: Innocent victims of the great inflation conundrum

The Economics 101 picture the Reserve Bank paints of inflation fighting doesn’t tell anywhere near the full story.

The New Daily

Michael Pascoe: NSW Crime Commission puts price on politicians’ heads

The price the crime commission put on the politicians’ right to remain in public life remains, writes Michael Pascoe

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: What’s with the Murdoch empire re-merger?

Nothing like Murdoch family business machinations to fuel speculation about motives and outcomes as the Murdochs want to re-merge its empire.

The New Daily

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Michael Pascoe: Trussonomics lives on in Australia – and via our man at the UN

Liz Truss is gone as British Prime Minister, but the forces that elevated her live on – both in the UK and here, writes Michael Pascoe.

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: Coalition still hasn’t learned its integrity lesson

Five months after being defeated by a “teal”, Dave Sharma has demonstrated he still doesn’t get the integrity thing.

The New Daily

Michael Pascoe: Australia’s biggest gambling operators be warned – media pack is baying as one

The media pack is starting to bay as one over the suppurating wound that is Australia’s electronic gaming-machine addiction.

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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

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

Michael Pascoe: Government has responsibility when markets fail – check rentals

When the national electricity market failed, the AEMO intervened. Now, another essential market is failing – the residential rental market.

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: America the great? How the decline of the US will affect Australian policy

Continuing to surrender our foreign and defence policy to an increasingly unstable America in decline looks like madness.

The New Daily

Michael Pascoe: $4.5 billion says stop political mates funding Big Sport

There is an unease about the Morrison government gifting $18 million to the Governor-General’s pet charity before it was anything more than an idea.

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.

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