Tag: Pascoe
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Michael Pascoe: ‘I’ve discovered the lacking housing – half a century’s value’
You recognize all of the handwringing concerning the housing disaster, the claims that “it’s difficult” and that “there’s no silver bullet” and the broad resignation of not having an answer? Effectively, I’ve discovered the lacking housing and know what the true resolution is – if any authorities cares. We’ve arrived at this time housing catastrophe…
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Michael Pascoe: There have been Robodebt winners, however others are nonetheless dropping
Robodebt collections have resumed below the Labor authorities, which comes as a little bit of a shock given the deserved outrage concerning the scheme. No, not new circumstances of unlawful ATO revenue averaging, however the authorities is pursuing folks bullied into agreeing to make funds after being informed interesting the Robodebt course of could be…
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Michael Pascoe: The contradictions within the new RBA governor’s appointment
There are contradictions in Jim Chalmers’ appointment of the brand new RBA Governor that add as much as a suspicion that Treasury desires a quieter, narrower central financial institution – one much less prone to provide any problem to authorities financial coverage. There’s additionally been the sideshow of a perfidious Opposition Chief pulling a profitable…
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Michael Pascoe: Robodebt tradition lives on underneath Labor
Confession – I’m responsible of the journalistic crime of burying the lede final week. As a substitute of the RBA flogging a useless horse, I ought to have led with: A 1°C rise in temperature throughout El Nino lifts international meals costs by greater than 6 per cent after one 12 months, based on European Central…
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Michael Pascoe: Lazy or loyal? Name it what you’ll, it’s nonetheless costly
I believe I conceived the time period “lazy tax”. If not, I used to be there at its delivery – the additional billions shoppers pay because the penalty for not purchasing round on the subject of mortgages, power, insurance coverage and anything they need to pay. Some folks discovered the time period insulting, thus “loyalty…
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Michael Pascoe: Simply because the horse is lifeless doesn’t imply the RBA received’t flog it
The RBA board stood across the inclined horse on Tuesday morning within the Martin Place stables, stroking their chins, questioning what to do with it. The Governor gave its rump a nudge together with his brogue and, getting no response, delivered a sterner kick to the identical impact. The Deputy Governor grabbed a hoof, established…
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Michael Pascoe: RBA wants a Window Cleaners Index
Reserve Financial institution mandarins love liaison, however I worry they’re doing it with the unsuitable form of individuals. Liaising, particularly “enterprise liaison”, is meant to be the financial institution’s manner of staying in contact with what is going on in the actual world – versus the RBA’s most important supply of knowledge: Statistics indicating what…
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Michael Pascoe: The Greens’ HAFF-witted bid to make an entire farce of housing coverage
“It appears like we’ve gained, lads,” England’s cricket coach, Brendon ‘Baz’ McCullum, advised his staff after it misplaced the primary Take a look at this week. “We performed all of the cricket within the sport. If it wasn’t for us, the Australians wouldn’t have even had an opportunity to win.” And if the horse that…
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Michael Pascoe: Speech exhibits RBA clueless on employment
You may depend on the Reserve Financial institution to overlook or downplay a significant factor or two when it strays into what’s really taking place in Australia, as demonstrated on Tuesday by the Deputy Governor in a speech titled Reaching Full Employment. Having lastly achieved full employment for the primary time in half a century,…
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Michael Pascoe: IKEA and Netflix tax scandal overshadows shameful PwC saga
Overshadowed by PwC’s scandal of peddling inside data to assist multinational firms keep away from tax is the larger ongoing scandal of multinational firms dodging tax. Treasurer Joe Hockey’s “Google tax” – the factor PwC sought to take advantage of confidential details about – was alleged to cease worldwide firms ripping off Australia by whisking…