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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.

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...

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...

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Economy

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

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...

A global downturn looks likely, yet it's being totally ignored in the UK election

For all the marked policy differences between the different parties in the UK election, they share a common blindspot. They all seem to assume that the UK is the sole determiner of its economic fate. There is nothing in...

Economic democracy: why handing power back to the people will fix our broken system

Behind the superficial froth of the UK election campaign, the competing parties are offering fundamentally different visions of the economy, who controls it and who benefits from it. The Conservatives and, to some extent,...

South Africa is missing out on fresh fruit export growth. What it needs to do

South Africas urgent need to create jobs requires that the country take advantage of opportunities in the global economy that it can convert into quick wins. The fruit industry presents such an opportunity. The countrys...

Currency manipulation and why Trump is picking on Brazil and Argentina

President Donald Trump slapped new tariffs on Brazil and Argentina after accusing them of manipulating their currencies to boost exports. It wasnt the first time Trump has labeled another country a currency manipulator...

Politics

Melania Trump and Ivanka Trump are not close but there is no feud, new book suggests

The relationship of Melania Trump and Ivanka Trump behind the cameras is probably one of the most speculated aspects of the Trump family dynamic since they occupied the White House. It was then not surprising that the...

Hong Kong: when the citizen-birds rebel

Over the past year, a number of nations around the world have been the scene of tumultuous popular protests, including Lebanon, Algeria, Bolivia, Chile and even France. While the protests in Hong Kong bear some...

Michelle Obama did not favor the initial draft of Barack Obama's official portrait, artist reveals

It has been more than a year since the official portraits of Barack Obama and Michelle Obama were unveiled. However, a piece of interesting behind-the-scenes information was revealed on Monday by Kehinde Wiley, the artist...

Rick Perry's belief that Trump was chosen by God is shared by many in a fast-growing Christian movement

In a recent interview with Fox News, Secretary of Energy Rick Perry stated that Donald Trump was chosen by God to be president. He said throughout history God had picked imperfect people such as King David or Solomon to...

The government is hyping digitalised services, but not addressing a history of e-government fails

In politics, when you have little to show for your achievements, you can release a roadmap for what will supposedly be achieved in the future. You can look on the bright side. Use phrases such as ontology of...

Science

ESA’s space robot can only complete its mission by committing ‘suicide’

Propelled by the U.S. and Russias space race, mankind finally learned to launch a man-made object into space in 1957 with Sputnik 1. While space exploration is relatively new, the space near the earth is surprisingly...

Mars mission: Expert says to focus on Earth

Many countries who have succeeded in their efforts to travel to space are now thinking of the possibilities of colonizing a neighboring planet, such as Mars. However, one expert believes otherwise and says that before...

New Zealand White Island eruption: What caused the unexpected eruption?

Recently, the unexpected eruption coming from White Island in New Zealand brought in casualties. Now, scientists and authorities are wondering what might have caused the eruption and how there was no warning. Express...

NASA: Video footage reveals space agency rocket explosion

The continuous interest in studying the entities and phenomena that lie beyond the Earth has enthusiasts and scientists paying close attention to any breakthrough. However, there will always be instances where experiments...

Volcano eruption: Volcanic rock claimed to be releasing carbon responsible for global warming

From the various sources of carbon in the world today that are responsible for the world going through global warming, there is one unexpected source. A study claims that volcanic rocks are also contributing to the global...

Technology

Another Tesla Model 3 crashed while on autopilot, police warn drivers not to rely on the feature

Tesla Motor 3 is one of the most popular electric cars available on the market today. But one of the vehicles high-tech features, its autopilot, is a cause of concern and unease among owners and potential buyers due to a...

Samsung Galaxy S11 will have more powerful battery compared to S10

The Samsung Galaxy S11 release is still a couple of months away, but tech enthusiasts are already busy talking about its new design and cool specs. However, a new leak reveals that the upcoming Korean brands flagship...

‘The Last of Us Part 2’ Ellie and Collector's Edition offer exclusive collectible items

Naughty Dogs popular action-adventure titles are more than just video games to many fans. Its intricate gameplay stories and memorable characters have become staples in the pop culture, making the array of The Last of Us...

‘Cyberpunk 2077’ is smaller than ‘The Witcher 3’ but it doesn’t mean less gameplay content

The start of a new decade is promising for video game fans as several highly anticipated titles such as Cyberpunk 2077 are confirmed to launch next year. CD Projekt Red remains a little secretive about the gameplay...

‘Warcraft 3: Reforged’ beta seemingly suggests a release date delay is imminent

Blizzard Entertainment remains silent on the specific release date of Warcraft 3: Reforged as of this writing. Luckily, players can have a better time waiting for the full launch since the games multiplayer beta has...
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