Peter Martin

Peter Martin

Peter Martin is the Economics Editor for The Age.

The big banks take with one hand - and the other

Peter Martin Australian banks have form when it comes to failing to pass on rate cuts in full and over-egging rate rises, study finds.

Rates cut and stand by for more

Interest rates

Peter Martin The Reserve Bank cuts interest rates to the lowest point since the 2009 financial crisis amid concern the mining investment boom will peak sooner and lower than expected.

Boost for property owners as rates cut

Home owners

Peter Martin THE Reserve Bank has cut interest rates to the lowest point since the 2009 financial crisis amid concern that the mining investment boom will peak sooner and lower than expected.

We're not all true boom believers

Is the mining boom over?

Peter Martin National poll finds resources-driven economy is seen as a good thing by most, but women and Victorians are less sure.

GST ruling on $34m Qantas kept from no-show customers

Qantas

Peter Martin THE High Court will rule today on whether Qantas can keep an extraordinary $34 million it has collected in GST from customers who did not show up, in a landmark judgment that hinges on what exactly...

Qantas' $34m GST takings to face High Court ruling

Qantas says it can't owe the money because it didn't supply a flight, meaning it didn't supply a service.

Peter Martin The High Court will rule today on whether Qantas can keep an extraordinary $34 million it has collected in goods and services tax from customers who didn't show up.

Show us the evidence, says offended seniors group of fraud claim

Australian bank notes

Peter Martin, Henrietta Cook OLDER people hoard thousands of dollars in cash to pay for their funerals, but they do not do so to get the pension, says Seniors Australia, which has labelled the suggestion they use cash to defraud...

The grey economy: how retirees rort the pension

pensioner

Peter Martin ELDERLY Australians committing welfare fraud on a massive scale are behind the extraordinarily high number of $100 notes in circulation, a former senior Reserve Bank official says.

Comments 531

Company tax likely to stay put

Financial-Services

Peter Martin The Tax Institute says it can't support axing business tax breaks to fund cuts.

Growth in notes shows cash is king - RBA

Notes.

Peter Martin CASHLESS? Hardly. Australians are holding on to more of the stuff than ever before and accumulating it at an increasing rate.

Australian wallets stuffed with cash

Aussies wallets stuffed with notes

Peter Martin Aussies holding on to more of the stuff than ever, and accumulating it at an increasing rate.

Forecaster rains on Forrest's parade with weak iron ore outlook

Iron ore still in demand: Rio Tinto Australia Chief David Peever.

Clancy Yeates Peter Martin THE federal government's official forecaster holds out no hope for a strong bounce in the price of iron ore, which it expects to fetch $US101 a tonne next year, compared with Fortescue's prediction...

Rate cut on cards as mining prices sink

Canberra: David Peever Managing Director of Rio Tinto speaks?at the Minerals Council of Australia dinner at Parliament House tonight, Wednesday 30 May 2012..? Photo by Penny Bradfield.11.jpg

Peter Martin, Clancy Yeates THE government's official forecaster has taken the axe to its iron ore and coal outlook, predicting the first slide in mining income since the global financial crisis.

Big Tobacco warning at free-trade talks

Peter Martin Delegates attending trans-Pacific free-trade negotiations are being warned their countries could end up like Australia if they agree to allow corporations to sue governments in international courts.

China slowdown turns off Swan's money tap

party's over

Peter Martin The Australian dollar has defied gravity but the plummeting price of iron could convince foreigners to abandon it in droves.

Outraged at Chinese buying our land? Henry asks: then why sell?

KEN HENRY

Peter Martin, Peter Cai and Clancy Yeates Ken Henry weighs in to the debate over sale of Australian farms to Chinese investors.

RBA saddles up for rate cut before Cup day

Glenn Stevens

Peter Martin THE Reserve Bank is getting ready to cut interest rates after a free fall in the iron ore price and the first billion-dollar wind-back of an existing mining investment program.

Interest rate cut looms with Reserve unease over tumbling iron price

The Reserve Bank gets ready to cut interest rates in the wake of a free-falling iron ore price.

Peter Martin The Reserve Bank gets ready to cut interest rates in the wake of a free-falling iron ore price.

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Retail back in its former rut

Retailers hoping consumers would return to the shops after big government handouts have had their hopes dashed.

Peter Martin Retailers hoping consumers would return to the shops after big government handouts have had their hopes dashed.

Comments 9

Mining investment 'still a key driver'

mining

Peter Martin The mining investment boom is slowly coming off the boil, according an ABS survey.