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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

Why does the RBA keep hiking interest rates? It's scared it can't contain inflation

Aug 03, 2022 00:55 am UTC| Economy Central Banks

There are signs inflation pressures are easing. Oil prices are down almost 20% on their peak in March. Theyve been falling consistently for a month. The average capital city unleaded price is down from A$2.11 per litre...

Central Banking Series

Top economists expect RBA to hold interest rates low in 2022, as real wages fall

Feb 02, 2022 09:26 am UTC| Economy Central Banks

Australias leading forecasters expect the Reserve Bank to resist pressure to lift interest rates all year, despite rising interest rates overseas, much higher inflation, plunging unemployment, and financial market traders...

Unemployment below 3% is possible for the first time in 50 years – if Australia budgets for it

Feb 02, 2022 08:57 am UTC| Economy

Whats the boldest thing the Morrison government could do in next months budget? It would be to forecast an unemployment rate below 4% (a rate of three-point-something), then to pledge to go further, to...

Economy will be weak and in need of support after pandemic, top economists say

Jul 01, 2021 03:59 am UTC| Economy

Australias economy will limp along after recovering from the pandemic, failing to regain the growth it had either in the years leading up to the crisis or the much higher growth in the decades before. Thats the...

Exclusive. Top economists back budget push for an unemployment rate beginning with '4'

May 09, 2021 10:03 am UTC| Economy

Australias top economists have overwhelmingly backed a decision by Treasurer Josh Frydenberg to reset the budget strategy so that it prioritises achieving an unemployment rate of between 4% and 5% over reducing...

The budget is a window into the treasurer's soul. Here's what to look for Tuesday night

May 09, 2021 09:13 am UTC| Politics

What in America they call the State of the Union, in Australia we call the federal budget. As surprising as it may seem, Australian budgets arent really about money theyre about values. As a case in point, a key...

You can't fix the economy if you can't see it: how the ABS became our secret weapon

Mar 09, 2021 05:32 am UTC| Insights & Views Economy

If we survive this economic crisis (and it is looking increasingly like we will, although the end of JobKeeper at the end of the month will be a setback) it will in large measure be because this time weve had real-time...

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Economy

McDonald's is returning to Ukraine after shutting down six months ago due to the Russian invasion.

McDonalds announced on Thursday, Aug. 11, that it has decided to re-open some of its restaurant outlets in Ukraine. The fast-food brands return to the country comes after it shut down its stores six months ago due to the...

Lyons Magnus' expanded beverage recall now includes the risk of botulinum food poisoning.

Lyons Magnus, a leader in the food service industry, has expanded its recall to include more than 30 other beverage brands in the list. Earlier this month, it already issued a recall to Oatly, Stumptown, Glucerna, Aloha...

KFC Australia added its first plant-based food item to the menu but for a limited time only.

KFC launched its first plant-based food option in Australia, and the new meatless item is chicken popcorn. This bite-size vegan chicken menu is available only in select locations in New South Wales. As per The Daily...

HiteJinro has yet to reach a settlement with its unionized drivers even after five months into the conflict.

HiteJinro and its truck drivers are still in sort of fight mode as they have yet to resolve their issues. It was reported that there was hardly any sign of possible settlement between the unionized workers and the company...

GS Retail decided to cease the operations of its Lalavla H&B stores due to sales decline.

GS Retail Co. owns Lalavla health and beauty stores in South Korea. The supermarket chain company announced on Thursday, Aug. 11, that it would be closing all of its Lalavla outlets after 17 years since entering the health...

Politics

In a letter to colleagues, Pelosi said the House will pass the Senate-approved Inflation Reduction Act on Friday.

US House Speaker Nancy Pelosi said the chamber is set to pass the Senate-approved Inflation Reduction Act. Pelosi said the House of Representatives will pass the major legislation on Friday. In a letter to colleagues,...

The Swedish government has agreed to extradite a Turkish national wanted for bank card fraud as part of its agreement with Turkey over NATO.

The Swedish government agreed this week to extradite a man convicted of fraud to Turkey. The extradition comes as Turkey demanded several people be extradited as part of the deal for the countrys bid to join the NATO...

Johnson spoke to his UAE counterpart where they spoke about the importance of cooperation between the two countries especially surrounding Ukraine and other global issues.

This week, UK Prime Minister Boris Johnson spoke with UAE President Sheikh Mohammed bin Zayed al-Nahyan. The two leaders brought up the importance of coordination between the two countries surrounding Ukraine. In a...

A bombing at a seminary in Kabul killed prominent Taliban scholar Sheikh Rahimullah Haqqani.

Another attack occurred in Afghanistans capital Kabul this week, adding to the increasing attacks that took place within the country. A bombing at a seminary in Kabul has killed a prominent Taliban scholar. Taliban...

Science

When compared to the current approach of extracting methane gas from organic waste resources and then reforming it into hydrogen, the technology SK ecoplant is developing can cut the time needed for the manufacture of hydrogen by more than 20 times.

SK ecoplant Co. plans to develop a technology to produce hydrogen through a fermentation process where microorganisms eat and decompose organic matter in the absence of light When compared to the current approach of...

The research team completed a patent application, trademark application, and vegan certification for the research findings.

A Keimyung University research team has reproduced the taste and fragrance of civet coffee, known as kopi luwak, by scientifically identifying the digestion and fermentation conditions where civets live. Consequently,...

Landsat at 50: How satellites revolutionized the way we see – and protect – the natural world

Fifty years ago, U.S. scientists launched a satellite that dramatically changed how we see the world. It captured images of Earths surface in minute detail, showing how wildfires burned landscapes, how farms erased...

What do molecules look like?

What do molecules look like? Justice B., age 6, Wimberley, Texas A molecule is a group of atoms bonded together. Molecules make up nearly everything around you your skin, your chair, even your food. They vary...

What science says about the best ways to cool down

We spend most of the year complaining that Britain is too cold and wet but gripe with just as much enthusiasm about the heat. Although moaning about the weather is satisfying, its better to take action and cool yourself...

Technology

Apple has reportedly invested $10 million for original podcasts that could later be turned into movies and TV shows for Apple TV+

Apple is reportedly increasing its investments in the podcast arena by closing deals with more production studios for original content. But this effort will not only benefit Apples podcast business as the iPhone maker...

LaLiga Tech has aided sports properties to safeguard over $9.2 billion in content and build more beneficial and direct links with their fans, demonstrating technology's potential to improve the business.

LaLiga Tech will help Liga Portugal develop its digital strategy and protect its intellectual property online as part of a wide-ranging partnership. Liga Portugal, which oversees the top two soccer divisions in the...

Analyst Ming-Chi Kuo predicts Apple will raise iPhone 14 costs, possibly increasing the base model’s price to nearly $1,000

Apple managed to implement significant upgrades to the iPhone line in recent years without drastically increasing its retail prices. That might change, however, the tech giant is expected to increase prices for the iPhone...

Microsoft says making Activision Blizzard games exclusive to Xbox will not be profitable in response to Sony’s criticisms of the $68.7 billion acquisition

Microsoft has responded to Sonys criticisms of its potential acquisition of Activision Blizzard. In a 27-page letter to Brazils competition regulator, the Xbox parent company has once again implied that Call of Duty will...
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