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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.

Would you pay to quit TikTok and Instagram? You’d be surprised how many would

Jul 24, 2024 11:38 am UTC| Insights & Views Technology

Social media is a problem for economists. They dont know how to value it. It has long been argued that it ought to be in the national accounts as part of gross domestic product. One 2019 study estimated Facebook alone...

The Chemist Warehouse deal is a sideshow: pharmacies are ripe for bigger disruption

Jun 20, 2024 05:28 am UTC| Business

Theres something curious about the proposed merger between Chemist Warehouse and Sigma Healthcare. Chemist Warehouse has about 550 retail pharmacies. Sigma has another 400. Yet the law limits owners to just a handful...

Spare us the talk about a wages explosion. There’s nothing wrong with lifting Australia’s lowest wages in line with inflation

Jun 05, 2024 04:07 am UTC| Economy

What is it with the Coalition and wages? When, in the final days of the 2022 election campaign, the then opposition leader Anthony Albanese backed an increase in award wages to keep pace with inflation, his opposite...

Top economists take a modest view of the budget, and doubt inflation will fall as planned

May 27, 2024 06:33 am UTC| Insights & Views Economy

Asked to grade Treasurer Jim Chalmers third budget on his own criteria of delivering on inflation in the near term and then growth in the medium term, most of the 49 leading economists surveyed by the Economic Society of...

Central Banking Series

If the RBA’s right, interest rates may not fall for another year. Here’s why.

May 08, 2024 11:04 am UTC| Economy Central Banks

The Reserve Bank is now assuming Australians will see no interest rate cuts this year and quite possibly none before the next federal election, due next May. Thats a big change compared to just three months ago. Back...

Beyond the spin, beyond the handouts, here’s how to get a handle on what’s really happening on budget night

Apr 25, 2024 06:11 am UTC| Insights & Views Economy

Three weeks from now, some of us will be presented with a mountain of budget papers, and just about all of us will get to hear about them on radio, TV or news websites on budget night. The quickest way to find out what...

Economists say Australia shouldn’t try to transition to net zero by aping the mammoth US Inflation Reduction Act

Mar 18, 2024 09:00 am UTC| Insights & Views Economy

Australias top economists are pressing Prime Minister Anthony Albanese not to ape US President Joe Bidens think big approach to clean energy. Bidens so-called Inflation Reduction Act dubbed the largest climate...

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Economy

Bongbong Marcos' POGO Ban Faces Skepticism: Will It Truly Curb Illegal Operations?

President Ferdinand Marcos Jr. announced a blanket ban on Philippine offshore gaming operators (POGOs) in his recent State of the Nation Address. Despite its popularity, experts worry the ban may push operations further...

U.S. Economy Grows Faster Than Expected in Q2, Inflation Pressures Easing

The U.S. economy expanded faster than anticipated in the second quarter, with a 2.8% annualized growth rate driven by robust consumer spending and business investment. Inflation pressures eased, supporting expectations for...

China Central Bank Surprises Markets with Second Unscheduled Rate Cut This Week

Chinas central bank surprised markets again this week with an unscheduled rate cut, issuing 200 billion yuan in one-year loans at significantly lower rates to stimulate the economy and address sharp stock market...

Japan to Resume $1.1 Billion Projects in Sri Lanka Amid Debt Restructuring

Japan will resume funding for stalled projects in Sri Lanka, generating $1.1 billion in revenue over the next five years, following a $10 billion debt restructuring deal. Japan to Restart 11 Stalled Projects in Sri...

Turkey Terminates Saudi Deposit, Reflects Growing Economic Confidence

On July 24, Turkeys central bank announced it terminated a $5 billion deposit transaction with Saudi Arabia, signaling increased confidence in rebuilding foreign exchange reserves independently. The move reflects Turkeys...

Politics

Donald Trump's Big Regret? Ex-POTUS Eyes Nikki Haley to Replace 'Dud' VP J.D. Vance Amid Campaign Turmoil

As Joe Biden steps down from the 2024 presidential race, making Kamala Harris the presumptive Democratic nominee, Donald Trump faces speculation about a significant shake-up within his own campaign. Reports suggest Trump...

Donald Trump Mocks Kamala Harris with Shocking Nickname: 'I Couldn't Care Less If I Mispronounce It'

Donald Trump intensified his attacks on Vice President Kamala Harris, labeling her a bum and ridiculing the significance of pronouncing her name correctly during a speech in Florida. Speaking at a Turning Point event in...

FBI Confirms Bullet Struck Donald Trump During Assassination Attempt, Ending Speculation

The FBI confirmed late Friday that former President Donald Trump was indeed struck by a bullet during the assassination attempt on July 13, resolving earlier uncertainties about the incident. This update followed Trumps...

DNC Revamps Nominating Process as Kamala Harris Rises to Prominence

The Democratic National Committee (DNC) is set to conduct a virtual roll call vote to select the partys 2024 presidential nominee ahead of the convention in Chicago. This procedural change reflects the rapid momentum...

Donald Trump Refuses to Debate Kamala Harris, Suggests Democrats Might Change Nominee

Former President Donald Trump has announced that he will not commit to any debates with Vice President Kamala Harris at this time, suggesting that the Democratic Party might still change its nominee for the upcoming...

Science

SpaceX Reports 50,000 Collision-Avoidance Maneuvers by Starlink Satellites in Six Months

SpaceXs recent report indicates Starlink satellites executed 50,000 collision-avoidance maneuvers from December 2023 to May 2024, reflecting increasing traffic in orbit and raising concerns about potential...

SpaceX Unveils Design for ISS Deorbit Vehicle Using Dragon Heritage Hardware

NASAs decision to entrust SpaceX with constructing the ISS deorbit vehicle marks a significant milestone in space technology. SpaceX recently revealed a rendering of the car based on its Dragon spacecraft, which features...

SpaceX Completes Heat Shield Upgrade for Starship Ahead of Critical Flight 5 Test

SpaceX has completed a significant heat shield upgrade for Starship ahead of its fifth test flight. The upgrade aims to improve reentry safety following the issues from the fourth flight. A critical static fire test is...

SpaceX's New EVA Spacesuits Pass Testing for Historic Commercial Spacewalk

SpaceX has finalized acceptance testing of its new EVA spacesuits, marking a significant milestone for the Polaris Program. The suits will facilitate the first commercial spacewalk, led by entrepreneur Jared Isaacman,...

NASA and SpaceX Reveal $843M Plan to Deorbit ISS Safely in 2031

NASA and SpaceX have unveiled plans to deorbit the International Space Station by 2031. The $843 million contract awarded to SpaceX includes designing and constructing a deorbit vehicle to guide the ISS to its final...

Technology

VanEck Hints at Solana ETF Amid Buzz at Bitcoin Conference as SOL Overtakes BNB

VanEck is hinting at a Solana ETF again, sparking interest at the Bitcoin Conference as SOL surpasses BNB in market cap. Investor Interest Peaks with VanEcks Solana ETF Hint The spot Ethereum ETFs have been trading...

Shiba Inu Expands Horizons with Integration into The Sandbox Metaverse

Shiba Inus integration with The Sandbox marks a significant step in expanding SHIBs reach within the gaming community, aligning with the #RiseOfTheMemecoin campaign. Gaming as a Growth Opportunity The Sandbox has now...

Bitcoin to Hit $13M! Michael Saylor's Bold Forecast at Bitcoin 2024 Stuns Audience

MicroStrategy co-founder Michael Saylor stunned the Bitcoin 2024 audience with a prediction that Bitcoins price will hit $13 million per coin by 2045. Bold BTC Predictions for 2045 Michael Saylor, a vocal co-founder...

Bitcoin Climbs to $67K: 75% of Short-Term Holders in Profit

Bitcoin has surged to $67,000, placing over 75% of short-term holders in profit and suggesting further bullish momentum. With three-quarters of short-term Bitcoin holders now turning a profit, the cryptocurrency could...

Sam Altman's Worldcoin (WLD) Soars 10% Amid Latest Strategic Update

Worldcoin (WLD) surged 10% in value, hitting $2.31, following a crucial update from its developers. Major Price Surge Details A tremendous increase in the value of Worldcoin (WLD) has recently occurred. In the past...