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Peter Martin

Peter Martin is the Economics Editor for The Age.

Reserve Bank did not ask past treasurers to top up fund

treasury

Peter Martin Previously secret Reserve Bank documents reveal neither of Joe Hockey's two predecessors as treasurer was ever asked to top up the bank's reserve fund by the $8.8 billion he said was needed.

Reserve Bank reweights foreign currencies

DOLLAR

Peter Martin Whatever you do, don't call it intervention. But the Reserve Bank has been a net seller of Australian dollars over the past month, buying foreign currency in excess of the government's needs for the...

Economy

Leading economists forecast growth to lift in 2014

Money. Wednesday May 22. ........AFR First Use Only........  Pic James Davies  Money cash currency Australian dollar notes pay wages interest rates reserve bank monetary policy exchange rate cash rate banks savings money in the hat vice pressure disposable income mortgage bank roll tradesman finance dangle the carrot packages under the hammer under pressure razor gang cutting costs under the microscope. SPECIALX MONEY

Peter Martin This time last year comittee said economic growth would slide, and it was right.

GDP

Economists forecast steady growth for Australia

AFR photo .

Peter Martin Economic growth is set to steadily climb in the two years ahead, housing investment will accelerate, and mining export volumes will grow strongly as prices fall sharply.

Holden spurns new car talks

Sidelined: Holden has backed away from further discussions with the federal government over the future of the car industry

Peter Martin Holden has withdrawn further from communication with the federal government. A delegation of car industry workers and union officials will arrive in Canberra for talks with government officials on...

Manufacturer Holden is refusing to send a delegation to Canberra to discuss the future of the car industry in Australia

industry - car manufacturing - Holden

Peter Martin Holden has withdrawn further from communication with the federal government.

Economy

Abbott adviser warns on national income

Outgoing chairman of the asx MAURICE NEWMAN at their annual general meeting for 2008. AFR Photo by ROB HOMER, 080924. SPECIALX 92666
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Clancy Yeates, Peter Martin Maurice Newman says it will be like hitting a brick wall' when national income growth collapses.

Abbott's business adviser warns on national income

treasury

Clancy Yeates, Peter Martin Tony Abbott's pick as the head of his Business Advisory Council says Australia faces a collapse in the growth of national income so severe it will feel ''like hitting a brick wall''.

Economy

Treasurer dumps Labor taxation plans

Treasurer Joe Hockey.

Peter Martin Joe Hockey has undertaken a spring clean of about 100 tax measures announced by Labor but gathering dust.

Peter Martin

Is direct action on carbon no action?

Peter Martin dinkus

Peter Martin It's no secret economists love prices, for the very good reason that they work.

Motoring

Government inquiry seeks quick answers

holden

Peter Martin The government has accelerated its inquiry into the car manufacturing industry in a last-ditch bid to convince Holden to stay.

Peter Martin

Here's a back-up if Hockey's audit is too rushed

Peter Martin dinkus

Peter Martin Joe Hockey's new Commission of Audit will be the most comprehensive in almost two decades.

Economy

Joe Hockey's RBA grant hits budget deficit

Joe Hockey.

Peter Martin In one hit Treasurer Joe Hockey has pushed up this year’s projected budget deficit from around $30 billion to nearer $40 billion.

Victorian economy lags

Peter Martin Western Australia and the Australian Capital Territory remain the best two performing economies, the Commonwealth Securities quarterly State of the States reports.

Peter Martin

Why cut a nearly undetectable tax?

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Peter Martin Prepare for a price shock. Australia's inflation rate is out on Wednesday and the market is expecting 1.8 per cent.

Economy

Despite growth fall, China will be biggest: analysis

china growth industry economy

Peter Martin China will be by far the biggest economy in the world within 17 years but its growth rate will have slowed to a trickle, according to a new Treasury analysis.

Peter Martin

Failure to pay unthinkable, but also unlikely

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Peter Martin What will we do if the US can't pay its debts? Apparently we have 'back-pocket plans'.

Resources

BHP exec looks inward on failings

BHP exec.

Peter Martin The mining industry needs to shoulder a lot of the blame for shrinking competitiveness, says Mike Henry.

Economy

Recount puts dent in trade data

Peter Martin Until this week four of the past 12 months were in surplus. Not any more.

Recount puts dent in trade figures

Peter Martin Suddenly Australia's trade balance has turned nasty - not because of anything we've done.