Peter Martin

Peter Martin

RBA reassures on housing market

Property

Peter Martin If anything the market is undersupplied, according to assistant governor Guy Debelle.

Mining boom 'not to blame' for manufacturing slump

mining

Peter Martin Productivity Commission head says manufacturing was in decline anyway.

RBA fears natural gas boom could overheat economy

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Peter Martin Australia's natural gas boom threatens to set off a new round of interest rate hikes.

RBA rate cut was close call

banking.

Peter Martin Minutes released yesterday call the discussion of the 0.25 percentage point cut 'finely balanced'.

Rate cut lobbyists under fire

Tax.

Peter Martin A key member of the Henry tax review has rounded on business lobbyists calling for a cut in the company tax rate.

The reality is, Australians can't have it all - Treasury boss

Secretary of the Treasury Dr Martin Parkinson.

Peter Martin THE next election will be austere if the Treasury boss, Martin Parkinson, gets his way.

Sense of gloom worst since 1990

Matthew Hassan of Westpac.

Peter Martin ASK families if their finances have improved over the past year and they are likely to feel perky. Australians gave more positive answers to that question this month than last and more positive...

Families preparing for dark days ahead

Anxiety about carbon tax could be to blame for negativity towards future family finances.

Peter Martin Ask families if their finances have improved over the past year and they are likely to feel perky.

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Surprise surge in economy

Australia's surge in economic growth has surprised many.

Peter Martin A surge in mining investment and an apparent upswing in consumer spending have delivered Australia one of the fastest economic growth rates in the developed world.

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Consumers and mining fuel growth

Wayne Swan

Peter Martin A SURGE in mining investment and an apparent upswing in consumer spending have delivered Australia one of the fastest economic growth rates in the developed world.

Rates cut, and more falls in the wings

Reserve Bank of Australia

Peter Martin, Eric Johnston THE Reserve Bank stands ready to cut rates again following yesterday's 0.25 percentage point reduction if the global economy slows further or if consumers fail to recover their confidence once the...

All eyes on rates as shares plummet

Monitors show stock prices falling sharply on the Australian Stock Exchange (ASX) in Sydney on June 4

Peter Martin, Michael Evans INVESTORS have wiped about $22 billion from the Australian sharemarket as fresh fears of a serious slowdown in global growth sparked a panic selloff, pushing the ASX200 below the key 4000-point mark.

Turmoil boosts odds of rates cut

interest rates

Peter Martin Australia's sharemarket has crashed to a six-month low on the back of ominous economic figures that have increased the likelihood of a cut in interest rates when the Reserve Bank board meets today.

Cut rates to bolster confidence, Reserve urged

Reserve Bank of Australia building

Peter Martin THE Reserve Bank is being urged to cut interest rates by a further 0.5 percentage points at its board meeting tomorrow to head off a fall in confidence before the introduction of the carbon tax on...

Peter Martin

NBN paying Optus to destroy infrastructure

peter-martin-dinkus

Peter Martin The ACCC needs to think again on giving the green light to such a damaging deal.

Peter Martin

ACCC in a twist to banish network's rivals

Peter Martin - Economics Correspondent The Optus high-speed cable internet network is a national asset. Comprising 25,000 kilometres of coaxial cable strung across 550,000 poles in Sydney, Melbourne and Brisbane, it provided Telstra with...

Mining boom? $500 billion more to come, say analysts

Mining boom

Peter Martin All of the investment in the mining boom to date is but a shadow of what's about to come, according to the latest update by the Bureau of Resources and Energy Economics.

Housing a worry but economy booming, says OECD

property 120307 AFR photo Tamara Voninski  Signs for Mortagagee Sales along New South Head Road in Sydney.  generic real estate mortgagee sale sign property  auction SPECIALX 62562

Peter Martin REAL estate prices are under threat from the high dollar along with confidence and jobs but the Organisation for Economic Co-operation and Development says Australia is set to grow at just about the...

Peter Martin

In the dark on trade deal

peter-martin-dinkus

Peter Martin - Economics Correspondent Craig Emerson and his Malaysian counterpart will sign a free trade agreement this morning.

Hockey issues warning on debt ceiling lift

Shadow Treasurer Joe Hockey.

Peter Martin The Coalition has raised the prospect of a US-style move to block government attempts to lift the debt ceiling, raising the prospect of turmoil on financial markets.