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Peter Martin1

Peter Martin1

Visiting Fellow, Crawford School of Public Policy, Australian National University
Peter Martin is Business and Economy Editor of The Conversation and a visiting fellow at the Crawford School of Public Policy at the ANU.

A former Treasury official with an honours degree in economics, he has worked as the economics correspondent for ABC radio, as the ABC's Tokyo correspondent and as economics editor of The Age.

With Dr Gigi Foster of UNSW he created The Economists podcast on ABC Radio National. In 2016 he was made a Distinguished Alumni of Flinders University in recognition of his contribution to the community's understanding of economics.

Central Banking Series

One word repeated 9 times explains why the Reserve Bank cut: it's "coronavirus"

Mar 04, 2020 00:34 am UTC| Insights & Views Central Banks Economy

Never has a virus featured so prominently in a Reserve Bank statement. Reserve Bank of Australia The word coronavirus is mentioned nine times in the governors seven-paragraph statement. His board cut the cash...

2020 survey: no lift in wage growth, no lift in economic growth and no progress on unemployment in year of low expectations

Jan 28, 2020 08:17 am UTC| Insights & Views Economy

2020 is shaping up as a dismal year for the economy, with no progress on many of the key measures that matter for Australians. Unemployment will stay above 5% and probably rise rather than fall. Economic growth will...

In fact, there's plenty we can do to make future fires less likely

Jan 08, 2020 11:56 am UTC| Insights & Views Nature

One of the dominant ideas buzzing around the internet is that theres little we can do to escape the prospect of more frequent and worse bushfires - ever. Thats because theres little we can do to slow or reverse the...

GDP update: spending dips and saving soars as we stash rather than spend our tax cuts

Dec 09, 2019 05:27 am UTC| Insights & Views Economy

Australians saved rather than spent most of the budget tax cuts, almost doubling the proportion of household income saved, leaving spending languishing. The September quarter national accounts show that in the first...

We asked 13 economists how to fix things. All back the RBA governor over the treasurer

Nov 04, 2019 11:26 am UTC| Insights & Views Central Banks Economy

Thirteen leading economists have declared their hands in the stand off between the government and the Governor of the Reserve Bank over the best way to boost the economy. All 13 back Reserve Bank Governor Philip...

0.75% is a a record low, but don't think for a second the Reserve Bank has finished cutting the cash rate

Oct 02, 2019 03:13 am UTC| Insights & Views Central Banks Economy

Anyone who thought that with the Reserve Banks cash rate now close to zero, its run of interest rate cuts was over, needs only to read the last sentence of Governor Philip Lowes announcement after Tuesdays cut: The...

Deeming rates explained. What is deeming, how does it cut pensions, and why do we have it?

Jul 14, 2019 13:14 pm UTC| Insights & Views Central Banks

Now its the Coalition thats being accused of a retiree tax. As interest rates have come down over the past four years, the rate that retirees are deemed to have earned for the purpose of the pension income test hasnt...

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Economy

FxWirePro: Spotlight On CBT Amid Sluggish Turkish Growth – Bid 3M USD/TRY Skews Ans Hedge

Turkeys central bank pulled forward a scheduled MPC meeting by two days and implemented a 100bps emergency rate cut yesterday. The CB reduced the 1-week repo rate from 10.75% to 9.75% and lowered RRR on all FX deposits by...

FxWirePro: BoC’s Rate Cuts on Cyclical Effects of Covid-19 - USD/CAD Risk-Off Call Ratio Spread

Over the weekend, the Bank of Canada cut its key interest rate by another 50 bp, after it had lowered its key interest rate from 1.75% to 1.25% at its regular meeting. The BoC also said that it was ready to take further...

Coronavirus and Spanish flu: economic lessons to learn from the last truly global pandemic

As news of the global spread of coronavirus disease (COVID-19) emerged, global financial markets reacted pessimistically and behaved in ways not seen since the 2008 financial crisis. But fully understanding the potential...

Cash handout of $750 for 6.5 million pensioners and others receiving government payments

A payment of $750 will be made from the end of this month to about 6.5 million people as part of the governments $17.6 billion stimulus package aimed at keeping Australia out of a recession caused by the impact of the...

Tokyo Olympics: how coronavirus is affecting preparations

The World Health Organizations decision to officially recognise the coronavirus outbreak as a global pandemic means organisers are facing difficult decisions on whether to go ahead with major sporting events. There were...

Politics

Joe Biden beats Donald Trump in three recent polls

Joe Biden beats President Donald Trump in three polls released last week. What was surprising is that Biden was able to pull off the feat despite the recent resurgence in Trumps popularity as his administration confronts...

Donald Trump won’t quarantine but issues travel advisory for coronavirus ‘hot spots’ New York, New Jersey, and Connecticut

The rate of coronavirus spread in the United States has alarmed everyone. In just a couple of weeks, the U.S. outpaced Italy and China becoming the country with the most number of confirmed COVID-19 infections. Various...

Barack Obama joins Steph Curry and Dr. Fauci’s Coronavirus conversation

Golden State Warriors guard Steph Curry recently chatted live with Dr. Anthony Fauci, the National Institute of Allergy and Infectious Diseases director and a member of the White Houses task force for the coronavirus...

Donald Trump still wants to ease coronavirus restrictions despite the U.S. now becoming the top country with most COVID-19 cases

Despite warnings from medical experts on the potential dangers involved, it seems that President Donald Trump is bent on easing up coronavirus restriction by Easter. In a letter to state governors, Trump said that the...

US President Donald Trump reveals why he wants the lockdown to end by Easter Sunday

The growing pandemic that is the coronavirus or COVID19 has resulted in the United States implementing a lockdown, leaving many out of a job or working remotely. President Donald Trump, on the other hand, revealed his hope...

Science

NASA Astronaut Jessica Meir shares photo of Earth at night

In the midst of all the fear and panic surrounding the coronavirus pandemic all over the world, many are also in search of some good news. Recently, NASA astronaut Jessica Meir shared a photo of the Earth being illuminated...

Coronavirus update: Possible scenarios on how the pandemic will come to an end

The coronavirus or COVID19 may currently be disrupting everyday lives, but there is a time where it will end. With that in mind, it bears wondering just how will the pandemic come to a halt. With hundreds and thousands...

Asteroids: 590-foot space rock to arrive on Friday

NASAs asteroid trackers spotted an asteroid heading towards Earth at a rapid pace. Scientists predict that this asteroid will be arriving and passing by the planet later this week. Express reports that asteroid 2012...

Aliens: Experts believe Mercury once had components for life

Space agencies are continuing their search for possible signs of life beyond Earth in their missions to nearby planets like Mars. Recently, some experts believe that another planet once had the essential components for...

Technology

Tesla employees found positive for coronavirus

A couple of Tesla employees have reportedly tested positive for coronavirus as the company joins the private sectors efforts to help provide the lack of medical equipment to combat the COVID-19 pandemic. Tesla CEO Elon...

AirPods 3 wish list: 3 things to expect and 1 unlikely feature

One of Apples biggest successes in 2019 was the announcement of AirPods Pro, but it might be too pricey for some consumers. There may still be a significant demand for a new truly wireless earbuds from Apple with a less...

iOS 14 code allegedly leaked a no-notch iPhone 12 design

The iOS 14 update is only a few months away from being unveiled, so it is not surprising that alleged leak codes have started to make headlines. Recently, a report claimed that an iOS 14 code was containing a supposed...

‘PUBG Mobile’ is getting a new map set in a massive library

There are many reasons to be excited about the upcoming patches for PUBG Mobile. A new map has been spotted along with a new game mode in beta while fans have yet to hear about the Erangel 2.0 again. Next PUBG Mobile...
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