Peter Martin Google+

Peter Martin

Peter Martin is the Economics Editor for The Age.

Reserve Bank says it's investors pushing up house prices

Peter Martin The RBA has blamed an unusual concentration of investors for pushing up house prices, saying they are probably pricing out aspiring first-home buyers.

Melbourne house prices tipped to dive, while Sydney's climb then plateau

House prices.

Peter Martin Melbourne house prices are tipped to fall 9 per cent, while Sydney prices continue to rise then hold their value, analysis finds.

Comments 120

BusinessDay Economic Survey: Real estate the only bright spot for the economy

Saul Eslake expects iron ore to sink to $45 a tonne.

Peter Martin First, the good news. None of the BusinessDay forecasting panel expects a recession this coming year.

Comments 10

BusinessDay Economic Survey: Arise Steve Keen, forecaster of the year


Peter Martin What was it Jesus said about a prophet being accepted everywhere but in his home town?

Income tax. It's having a birthday

Peter Martin dinkus

Peter Martin We are about to celebrate a birthday, a 100th anniversary perhaps even more important than the landing at Gallipoli.

Comments 1

Unions to lose some seats on industry super boards

Peter Martin Under changes to be announced on Friday, union and employer representatives will have to cede some of their seats on the boards of industry super funds.

Economic growth glory days are over, Australia should rack up more debt, says IMF

Borrowing at near-record low interest rates for projects that would boost Australia's capacity would pay dividends and support the economy during an uncertain transition away from mining.

Peter Martin The Australian government should run up more debt and wind back its budget deficit more slowly in order to boost spending on roads, rail and schools, the International Monetary Fund says.

Comments 22

Insurance brokers face $225 million fee loss from life business shake-up

Assistant Treasurer Josh Frydenberg has called the proposals  a

Ruth Liew and Peter Martin Financial planners could lose more than $225 million a year in revenue by 2018 as a result of sweeping changes proposed by the beleaguered life insurance industry, as it battles a spate of profit...

Free trade agreements 'preferential' and dangerous, says Productivity Commission


Peter Martin The Productivity Commission has launched a scathing attack on Australia's latest series of free trade agreements, saying they grant legal rights to foreign investors not available to Australians,...

Comments 41


Australia-China free trade agreement favours Chinese investors


Peter Martin A proposed Australia-China free trade agreement has a glaring bias towards Chinese investors, says fair trade report.

Peter Martin

Why aren't businesses investing? The Reserve Bank thinks it knows

Reserve Bank

Peter Martin The Reserve Bank believes it has cracked one of the biggest problems in modern economics: why Australian businesses aren't investing, even though interest rates are falling to record lows.

Reserve Bank: prepare for even higher house prices

Stocks of land for development in Sydney are getting low, the RBA says.

Peter Martin The Reserve Bank has warned of even higher home prices, saying stocks of unsold land suitable for development in Sydney and parts of other cities are getting "unusually low".

Abbott should stop tilting at windmills - they're the price we pay for progress

Peter Martin dinkus

Peter Martin Visually awful? It's time the landed gentry put up with what the rest of us have gotten used to.

Comments 111

Tax reform would get more from rich targets

Staff at Centrelink and Medicare will strike on Monday

Peter Martin Super fund concessions for the rich are gaining on the age pension in budget stakes.

Comments 68

Company tax cuts won't spark investment explosion says treasury chief John Fraser

Treasury secretary John Fraser

Peter Martin The push to cut Australia's 30 per cent company tax rate in order to attract more investment has reached a roadblock in the form of John Fraser, the former investment manager who now runs Australia's...

Federal budget 2015: Cut income tax, says Treasury Secretary John Fraser

Slash income tax ...  Treasury Secretary John Fraser, right, poses for the media with Treasurer Joe Hockey outside the Treasury building in Canberra prior to the release of the Federal budget.

Peter Martin The head of the treasury believes that the easy days of high economic growth are over and that Australia will need big personal income tax cuts to remain competitive.

Federal budget 2015: 'Glacial' wage growth puts budget forecasts in doubt

Peter Martin dinkus

Peter Martin One day on, the budget forecasts are looking frayed.

Comments 4

Federal Budget 2015: The Zombies that make the numbers look good

Peter Martin dinkus

Peter Martin The coalition's second budget is propped up by "zombie measures" from its first.

Federal budget 2015: Joe Hockey takes his budget tips from Wayne Swan

Peter Martin dinkus

Peter Martin Joe Hockey has copied Wayne Swan and then some.

Federal budget 2015: How to read the budget papers

Peter Martin dinkus

Peter Martin If you've got yourself the budget papers. Here's what to do next.

Comments 2