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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.

Central Banking Series

Think the RBA will lift rates on Melbourne Cup day? Don't bet your house on it

Nov 01, 2023 07:11 am UTC| Economy Central Banks

Each of Australias big four banks is now predicting a rate rise in six days time on Melbourne Cup Tuesday. It would add another A$77 to the monthly cost of servicing a $500,000 mortgage and be enough to take the total...

Worried economists call for a carbon price, a tax on coal exports, and 'green tariffs' to get Australia on the path to net zero

Oct 30, 2023 10:57 am UTC| Economy

Australias top economists have overwhelmingly backed the reintroduction of the carbon price that helped cut Australias emissions between 2012 and 2014. The government concedes that achieving its legislated emissions...

Where did the cars go? How heavier, costlier SUVs and utes took over Australia's roads

Oct 17, 2023 15:31 pm UTC| Life

If were upset about the price of petrol, why do we drive the vehicles we do? SUVs (so-called sport utility vehicles) use more fuel per kilometre than standard cars according to the International Energy Agency, up to...

Central Banking Series

The RBA has kept interest rates on hold. Here's why it'll be cautious from here on

Jul 04, 2023 07:39 am UTC| Economy Central Banks

The Reserve Bank decided to keep interest rates on hold at 4.1% because it thinks theres a chance just a chance it has lifted them all it needs to. In his statement released after Tuesdays board meeting, Governor...

What made rents soar? It might have been COVID, and pairing off

Apr 11, 2023 11:21 am UTC| Economy Real Estate

So, you think you know why rents climbed. You probably think was skyrocketing interest rates and a tsunami of migration. Its true that interest rates have jumped more over the past year than at any time on record,...

Pensioners and homeowners pay capital gains tax in real-time – it's time the richest Australians did too

Mar 15, 2023 15:56 pm UTC| Economy

In drawing up his plans to more effectively tax large superannuation accounts, Treasurer Jim Chalmers might have stumbled upon a really good idea. If applied more broadly, it could at last tax rich Australians in...

Top economists' forecasts: Higher interest rates, falling home prices and real wages, but no recession

Feb 05, 2023 04:05 am UTC| Economy

Australias Reserve Bank is set to push up rates once again at its first meeting for the year on Tuesday, according to all but two of the 29 leading economists surveyed by The Conversation at the start of 2023. Those...

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Economy

Gold Prices Rise as Oil Slump Eases Fed Rate Hike Fears

Gold prices climbed on Tuesday as a sharp decline in oil prices eased inflation concerns and reduced expectations for additional Federal Reserve interest rate hikes. A softer U.S. dollar and renewed hopes for diplomacy...

Oil Prices Rise as U.S.-Iran Talks Fuel Diplomacy Hopes

Oil prices moved higher in Asian trading on Tuesday, snapping a four-session losing streak as investors assessed the possibility of renewed U.S.-Iran talks during this weeks United Nations General Assembly in New York....

Vietnam, US Trade Deal Could Be Signed Soon, To Lam Says

Vietnam and the United States have made positive progress in negotiations toward a new trade agreement, with a deal potentially ready to be signed soon, Vietnamese leader To Lam said, according to a government statement...

Canada Unveils Bill to Fast-Track Major Resource Projects

Canada unveiled draft legislation on Monday aimed at accelerating approvals for major natural resource and infrastructure projects, as Prime Minister Mark Carney seeks to strengthen economic growth and reduce the countrys...

Yen Weakens as Dollar Gains on Widening US-Japan Rate Gap

The Japanese yen remained under pressure against a firm U.S. dollar on Tuesday as traders focused on the widening interest rate gap between Japan and other major economies following a hawkish shift among global central...

Politics

Macron, Trump Discuss Ukraine-Russia Energy Strike Moratorium

French President Emmanuel Macron said Monday that he discussed potential measures with U.S. President Donald Trump aimed at securing a moratorium on energy-related attacks between Ukraine and Russia, as diplomatic efforts...

Burnham Eyes UK Leadership Role in AI Ahead of Trump Meeting

British Prime Minister Andy Burnham will push for the UK to take a global leadership role in artificial intelligence on Tuesday as he makes his first major appearance on the international diplomatic stage at the United...

US Plans Two New Military Bases in Greenland Under Arctic Deal

The United States plans to expand its military presence in Greenland by reopening a Cold War-era base in the south and establishing operations at another site on the islands east coast, according to people familiar with a...

US, Denmark and Greenland Set to Sign Arctic Security Deal

Denmark, Greenland and the United States are set to sign a new Greenland security agreement on Tuesday that could expand the US military presence while placing broader Arctic security under NATO oversight. The signing is...

UK, Mauritius Seek Diego Garcia Base Deal

British Prime Minister Andy Burnham has pledged to work with Mauritius and the United States to resolve the dispute surrounding the strategically important Diego Garcia military base in the Indian Ocean. Burnham spoke with...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

US Northeast Airports Resume Operations After Telecom Outage Disrupts Thousands of Flights

US airport operations across the Northeast began returning to normal on Monday after crews repaired telecommunications problems that had disrupted air traffic and contributed to thousands of flight delays and cancellations...

OpenAI Urges US-Led Global Standards for Frontier AI

OpenAI is calling for the United States to lead an international effort to establish technical standards for advanced artificial intelligence, as concerns grow over increasingly capable AI systems and the prospect of...

Meta Partners With Shopify to Bring Shop Pay Checkout to Muse AI

Meta Platforms CEO Mark Zuckerberg announced a new partnership with Shopify aimed at bringing agentic shopping and checkout capabilities to Metas recently launched Muse artificial intelligence platform. Zuckerberg said...

SoftBank Launches $11 Billion Bond Sale to Fund OpenAI Investment

SoftBank Group Corp. has launched a major bond offering worth $10 billion and 1 billion to finance its latest investment in OpenAI, according to a term sheet released Monday. The Japanese technology investment group is...

Trump Plans Federal AI Force and AI Czar

U.S. President Donald Trump said Saturday that he plans to create a federal AI Force and appoint an artificial intelligence czar, outlining an effort to accelerate U.S. AI development while using existing laws to address...