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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.

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...

Back-to-back Reserve Bank cuts take interest rates to new low of 1%

Jul 03, 2019 20:57 pm UTC| Insights & Views Central Banks

The Reserve Bank has cut the official interest rate by another 0.25 percentage points to a new low of 1%, reflecting continuing concern over the slow economy. Reserve Bank Governor Philip Lowe said the latest cut, which...

Ultra-low unemployment is in our grasp. How Philip Lowe became the governor who lifted our ambition

Jul 03, 2019 07:45 am UTC| Insights & Views Economy

Rarely does a Reserve Bank governor get to remake Australia. HC Nugget Coombs, the first Reserve Bank governor, did. As director general of the Department of Post-War Reconstruction from 1943, he was instrumental in...

The Reserve Bank will cut rates again and again, until we lift spending and push up prices

Jun 07, 2019 16:11 pm UTC| Insights & Views Central Banks

The Reserve Bank cut interest rates on Tuesday because we arent spending or pushing up prices at anything like the rate it would like. And things are even worse than it might have realised. As the board met in Martin...

Election tip: 23.9% is a meaningless figure, ignore the tax-to-GDP ratio

May 02, 2019 17:52 pm UTC| Insights & Views Politics

Expect to hear a lot about tax during the coming leaders debates. Which is why its important to get two things straight. The first is that you cant argue against a tax by pointing out that it will take money from...

What just happened to our tax? Here's an explanation you'll understand

Apr 05, 2019 10:16 am UTC| Insights & Views Law Economy

With all the announcements on tax over the past few days its hard to keep track. So here goes. A year ago the then treasurer Scott Morrison unveiled a seven year personal tax. Some of it involved tax cuts way out...

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Economy

U.S. Treasuries suffer amid muted trading hours ahead of September retail sales

The U.S. Treasuries suffered during Mondays afternoon session amid a muted trading day that witnessed data of little economic significance ahead of the countrys retail sales for the month of September, scheduled to be...

UK gilts jump ahead of August employment report, 10-year auction

The United Kingdoms gilts jumped during European trading hours Monday ahead of the countrys employment report for the month of August and the 10-year auction, both scheduled for October 15 by 08:30GMT and 09:45GMT...

German bunds mixed ahead of October ZEW economic sentiment, eurozone September CPI

The German bunds remained mixed during European session of the first trading day of the week Monday ahead of the countrys ZEW economic sentiment index for the month of October, scheduled to be released on October 15 by...

Plunging U.S. inflation expectations likely to keep Fed on an easing course, says ING Economics

Plunging inflation expectations in the United States at a time of weakness in business surveys suggests the Fed will cut interest rates again in October, according to a recent research report from ING Economics. US...

Australian bonds plunge ahead of September policy meeting minutes, employment report

The Australian government bonds plunged during Asian trading session Monday as investors await the Reserve Bank of Australias (RBA) September monetary policy meeting minutes, scheduled to be released on October 15 by...

Politics

Melania Trump reacts to Donald Trump cheating allegations

Donald Trump and Melania Trump have always been in the limelight since they tied the knot. But the status of their marriage has become much more exposed to public speculations once they occupied the White House. Many...

Melania Trump: Is she distancing herself from Donald Trump’s political woes?

The past weeks have been hectic for the Trump administration, especially after an impeachment inquiry has been officially launched in the Congress in late September against President Donald Trump. Meanwhile, it is hard not...

How a 1905 debate about 'tainted' Rockefeller money is a reminder of ethical dilemmas today

Many nonprofits, including top universities and museums are confronting serious ethical dilemmas regarding accepting tainted money. The MIT Media Lab, an interdisciplinary research lab, has been widely criticized for...

Trump's bad Nixon imitation may cost him the presidency

Whatever Donald Trump does, Richard Nixon usually did it first and better. Nixon got a foreign governments help to win a presidential election over 50 years ago. Trumps imitation of the master has proven far from...

Backing Putin: Russia's middle class is no longer a catalyst for democratic change

A wave of protests rocked Moscow and scores of other cities across Russia between 2011 and 2013. The demonstrators called for free and fair elections and some even demanded an end to the Putin regime. Many Russian...

Science

NASA rover allegedly captures an image proving there's life on Mars

It has been decades since humans started launching missions to space. At this point, the National Aeronautics and Space Administration (NASA) has already sent numerous rovers to Mars to observe the several sections of the...

Elon Musk reminded NASA it can share SpaceX’s IP to anyone; Agency unwilling to do so due to security concern

Elon Musk and NASAs partnership has been standing on rocky ground in recent months as the Commercial Crew endeavor has been delayed. The mission aims to put American astronauts to space using SpaceXs services, opting to...

NASA unveils the design of new spacesuit for Moon landing mission in 2024

The National Aeronautics and Space Administration (NASA) has been preparing for its next Moon landing mission that will be taking place within the next few years. One of the important things the agency has been working on...

ESA detects 46-foot wide asteroid approaching Earth much closer than usual in 2084

A 46-foot asteroid was recently detected by the European Space Agency (ESA) and is making headlines even though its next Earth close-approach will not happen within the next decades. Certain qualities of the asteroid have...

NASA asteroid watch confirms 7 more space rocks are approaching Earth this weekend

Several asteroids have come close to the Earth over the previous days, and a few more will approach the planet this weekend. Scientists from the National Aeronautics and Space Administration (NASA) have detected that seven...

Technology

‘The Last of Us Part 2’ release date: Game director said giving NPCs unique name was quite the difficult feat

The Last of Us Part 2 is only a few months away, and Naughty Dog is ramping up the marketing campaign for the game. In recent weeks, the developers have been drip-feeding information about the title, and the gaming...

‘Cyberpunk 2077’ release date: Developers doesn’t want microtransaction in the game; Fears backlash from players

Cyberpunk 2077 made an appearance in this years PAX Aus, and the developers have shared new details about the much-anticipated title. Among them briefly focused on the games story. Whats currently known is that...

‘GTA 6’ release date: Massive clue regarding sixth installment dropped by ‘GTA 5’ voice actor

A new GTA 6 narrative has emerged that got the gaming community buzzing with excitement. While there have been a lot of rumors involving the sixth entry for the lucrative series, this one is particularly intriguing given...

‘Death Stranding’ release date: Game doesn’t have a traditional death system in place, Hideo Kojima revealed

To say that Death Stranding is a confusing game is a bit of an understatement. Even with the title less than a month away from launch, the gaming community still doesnt have a concrete idea of what the game is about or the...

iPhone's iOS 13 update exposes iPhones to security risks and various usage issues

iOS 13 update was released by Apple for its iPhone customers last month. It offers many cool new features, but users might want to reconsider updating their units after bugs have been detected. Just a day after the...
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