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Peter Martin

Peter Martin is the Economics Editor for The Age.

Regulation

Super system expensive and inefficient, says Treasury

Peter Martin The Treasury says Australia's superannuation system is one of the world's least efficient.

Concern Australia could get mauled by Japan free trade clause

Peter Martin Economics Editor Japanese companies could sue Australian governments under clauses expected to be included in the Australia-Japan free trade agreement.

Tax

GST must rise as deficit decade looms for budget, says Treasury boss Martin Parkinson

Parkinson. AFR. 121128. Pic by Michel O'Sullivan. Pic shows portrait of Dr Martin Parkinson, Secretary, Dept of Treasury.

Peter Martin and Mark Kenny Treasury boss Martin Parkinson says the goods and services tax will have to be boosted or broadened if the budget is to have any hope of returning to surplus.

Economy

Miners pass baton to new growth driver for Australian economy, says RBA

Glenn Stevens Reserve Bank Governor appeared before the House Economics Committee at Parliament House in Canberra on Monday 8 October 2012. Photo: Andrew Meares

Peter Martin, Bianca Hartge-Hazelman The Reserve Bank says the long-awaited ''handover'' from mining-led to more broadly-based economic growth is under way.

FOFA

Coalition puts financial advice rule changes on hold

Mathias Cormann

Peter Martin and Gareth Hutchens Finance Minister Mathias Cormann has called a halt to the controversial watering-down of Labor's financial advice laws.

Regulation

Banks stay out of limelight in push for advice changes

nest egg

Peter Martin, Georgia Wilkins Australia's banks appear to have lobbied for the watering down of Labor's financial advice reforms in secret.

Future prosperity built on trust, says Access Economics

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Peter Martin Trust is the most important commodity apart from minerals that Australia has to offer to offer consumers overseas, a new assessment of growth opportunities has found.

Banks stay out of limelight in push for advice changes

treasury - big four banks

Peter Martin Georgia Wilkins Australia's banks appear to have lobbied for the watering down of Labor's financial advice reforms in secret.

World wants a bit of our boring

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Peter Martin "Trust" is the most important commodity Australia has to offer overseas consumers apart from minerals, a new assessment of growth opportunities has found.

Regulation

Financial planners free to flout advice rules due for repeal

ASIC logo.

Peter Martin Financial planners are free to flout parts of the new Future of Financial Advice Act while the Coalition prepares to dismantle them.

Financial planners free to flout advice rules due for repeal

treasury

Peter Martin Financial planners are free to flout parts of the new Future of Financial Advice Act while the Coalition prepares to dismantle them.

G20 Australia

Bank of England governor Mark Carney wants to make banks pay their own way

 Mark Carney

Peter Martin The governor of the Bank of England has told the world's biggest banks to stop whingeing about proposed new capital requirements, saying they've had it too easy for too long.

G20 pushes for cut in Australian worker rights

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Peter Martin Australia is being pushed to cut its employment protection framework, such as unfair dismissal laws, by 10 per cent and reduce access to the pension as part of a drive by world leaders to boost...

OECD warns of new era of low economic growth globally

JOE HOCKEY and ANGEL GURRIA.

Gareth Hutchens, Peter Martin Slowdown in productivity and risk of unemployment threatens to usher in new era of low economic growth,

Don't believe the hype: wages growth is not hurting the economy

Martin

Peter Martin Don't believe what you've heard. Wages are barely climbing. The Bureau of Statistics compiles the only reliable measure, and it came out on Wednesday.

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Economy

International Monetary Fund contradicts Tony Abbott on debt policy

Tony Abbott, Australia's prime minister.

Peter Martin The IMF has slapped down a line of argument run by Prime Minister Tony Abbott.

International Monetary Fund contradicts Tony Abbott on debt policy

Christine Lagarde

Peter Martin The International Monetary Fund has slapped down a line of argument run by Prime Minister Tony Abbott ahead of a visit to Australia by its chief, Christine Lagarde.

Currency

IMF: Australian dollar should trade at ‘low US80¢’

Christine Lagarde.

Peter Martin The Australian dollar is too high and needs to come down by as much as 10 per cent, the International Monetary Fund says in its latest review of Australia.

BusinessDay's top tipster has the software solutions

Peter Martin The most accurate of the BusinessDay forecasters this past year was only half human.

Rates

Interest rate to stay put in 2014, experts predict

reserve bank of australia

Peter Martin As the Reserve Bank prepares for its first board meeting of the year, the BusinessDay forecasting panel is predicting a rarity - an entire year without a move in official interest rates.