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Peter Martin

Peter Martin is the Economics Editor for The Age.

Peter Martin

An indexation trick without an asterisk

Peter Martin dinkus

Peter Martin Honest Joe has delivered a stunning first instalment. It's stunning because he has harnessed the power of compound indexation to restrain spending by more and more as each year goes by.

What's driving the budget? It isn't Newstart, family or disability benefits

Details have already emerged about Treasurer Joe Hockey's first budget.

Peter Martin Newstart, family tax benefits and the disability support pension - all targeted in the budget - are growing far more slowly than other government spending a new analysis finds.

Higher education shielded from cuts as economic figures reveal growth

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Mark Kenny and Peter Martin EXCLUSIVE Universities will escape some of the worst effects of an expected horror budget on Tuesday night, with two key programs which had been expected to go, rescued from the Treasurer's sword.

Reserve Bank revises growth forecast up

The Reserve Bank of Australia

Glenda Kwek, Peter Martin The Reserve Bank has indicated interest rates are likely to remain low for some time.

Economy

Canberra set to get billions in assets sales

Hockey

Max Mason and Peter Martin Canberra would be in line for billions of dollars on the back of slated Commonwealth privatisations, but not all assets earmarked for sale would be an easy fit for the stockmarket.

Economy

Commission of Audit: What's in it for business?

Australia Post

Peter Martin Australia Post, Snowy Hydro, the Moorebank Intermodal company and the Australian Rail Track Corporation are among the prizes for businesses in the government's National Commission of Audit report

Economy

Standard of living the key to competition review

Coin in purse

Peter Martin The head of the government's competition review says he won't pursue competition.

Free trading cards laid on the table, but beware the ace up the sleeve

Peter Martin dinkus

Peter Martin What's next after the Japan free trade agreement and the Korean free trade agreement?

Super system expensive and inefficient, says Treasury

treasury

Peter Martin Australia's superannuation system is one of the world's least efficient and most expensive and financial disclosure laws aren't working, the Treasury says in its submission to the Murray financial...

Regulation

Super system expensive and inefficient, says Treasury

money chained

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.

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.

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.

World wants a bit of our boring

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.