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Peter Martin

Peter Martin is the Economics Editor for The Age.

Why you're working an extra 16 minutes a week

Peter Martin Feel like you're working longer days? That's because if you're a typical Australian worker, you are.

Westpac consumer sentiment index shows Coalition voters suddenly gloomy

Prime Minister Malcolm Turnbull during question time at Parliament House on Wednesday.

Peter Martin It's as if they have switched sides. Since the ascension of Malcolm Turnbull, its Coalition voters who have been feeling downbeat - the most downbeat since the election - and Labor voters who've been...

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Steady on, a Reserve Bank rate cut is no sure thing

Just because Westpac has raised its variable mortgage rate doesn't mean the Reserve Bank will cut rates in November.

Peter Martin Steady on. It's far too early to predict a rate cut in November. And that isn't just because the Reserve Bank genuinely hasn't considered the question and won't until shortly before its November...

Malcolm Turnbull's city focus on the money, but Labor not convinced

Mark Kenny, Peter Martin Malcolm Turnbull and Bill Shorten have used the first day of the new parliamentary fortnight to trade blows over urban public transport in a marked departure from the Abbott period, in which such...

Labor eyes changes to ease path of China free trade agreement

What effect has the sharemarket correction had on China's economy?

Peter Martin and Mark Kenny Labor is considering proposing an amendment to section 140GBA of the Migration Act which requires labour market testing before the import of workers on 457 visas, but only for a class of employers...

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Australia needs more tax, lower interest rates: International Monetary Fund

A Sydney woman has been charged with stealing $150,000 from The Benevolent Society.

Peter Martin The International Monetary Fund says Australians will need to pay more tax, whatever the mix of specific measures adopted by the government.

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Compromise on China-Australia Free Trade Agreement proposed

Craig Emerson has suggested a change to regulations under the Migration Act, which would allow the FTA without permitting the free import of Chinese workers.

Peter Martin Former trade minister Craig Emerson has proposed a way out of the impasse between Labor and the Coalition over the China-Australia Free Trade Agreement.

Tony Abbott's pension. The myth that won't die

Did Tony Abbott really miss out on a windfall? The answer is no.

Peter Martin Some stories are too good to die, like the one about Tony Abbott's prime ministerial pension. Apparently he would have been able to get one if he had been in office for just three more days.

Australia heads to Atlanta for last-ditch talks to revive Trans-Pacific Partnership

Peter Martin The stalled Trans-Pacific Partnership negotiations will be re-started next week, with the possibility of an agreement by the week's end.

Turnbull government's tax white paper: why we need a reset

Peter Martin

Peter Martin Like the Monty Python Black Knight, Treasury was continuing after its arms and legs were chopped off.

Banks face GST-style tax of 10 per cent under 'grand bargain' proposed by Jay Weatherill

Premier of South Australia Jay Weatherill.

Peter Martin Banks would face a tax of 10 per cent on their margins as part of a "grand bargain" proposed by the South Australian premier Jay Weatherill to properly fund health care.

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AFR Tax Reform Summit: Labor says no to a higher GST, yes to lower company tax

Mr Bowen at the AFR Tax Reform Summit in Sydney.

Peter Martin Labor has flatly rejected co-operating with the Coalition on boosting the goods and services tax, whatever the outcome of next year's tax white paper and negotiations with the states.

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Malcolm Turnbull's reshuffle is bigger than it seems

Malcolm Turnbull will skip next week's United Nations meeting and send Foreign Affairs Minister Julie Bishop instead.

Peter Martin There's more to Malcolm Turnbull's reshuffle than a change of ministers. There has also been change in the nature of ministries.

Turbulent times ahead despite Malcolm Turnbull's strong start

Australia Prime Minister Malcolm Turnbull announces his new cabinet as Foreign Minister Julie Bishop, left, looks on during a press conference at Parliament House in Canberra, Australia, Sunday, Sept. 20, 2015. Turnbull announced sweeping changes to his first Cabinet and promoted more women from two to five, including Australia?s first female Defense Minister Marise Payne. (AP Photo/Rob Griffith)

Mark Kenny, Peter Martin Malcolm Turnbull is facing a perfect storm in coming weeks with unhappiness in the party room over the dropping of "big "C" conservatives threatening to boil over.

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RBA's Glenn Stevens says investor housing under control, interest rates about right

Glenn Stevens

Peter Martin The Reserve Bank says it's "content" with the level of interest rates and increasingly content with the state of housing market.

Joe Hockey's reckoning: budget outcome $8b worse than forecast

Treasurer Joe Hockey.

Peter Martin Joe Hockey has concluded his first and only financial year as treasurer with a budget outcome $8 billion worse than forecast.

Malcolm Turnbull might take GST hike to the next election, says Josh Frydenberg

Peter Martin Assistant Treasurer Josh Frydenberg has raised the prospect of the Turnbull government taking an increase in the goods and services tax to the next election.

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Joe Hockey has been a good treasurer with our best interests at heart

Peter Martin dinkus

Peter Martin Defending his record in what may be one of his last days as Treasurer, Joe Hockey told Parliament on Tuesday that the Australian economy was $68 billion bigger than when it had been entrusted into...

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Liberal leadership spill: Tony Abbott's annual pension to top $300,000, plus extras

Tony Abbott faced a leadership showdown at Parliament House on Monday night.

Peter Martin Tony Abbott is set to go off into the sunset with an annual pension of $307,542 per year.

Liberal leadership: the Malcolm Turnbull doctrine - telling the truth about economy


Peter Martin Malcolm Turnbull has promised to tell us the truth. He says he is offering a new style of leadership that "respects people's intelligence, that explains complex issues and then sets out a course of...