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Peter Martin

Peter Martin is the Economics Editor for The Age.

New Treasury secretary John Fraser dismisses IMF anti-austerity warnings

Gareth Hutchens and Peter Martin The new Treasury secretary, John Fraser, has dismissed concerns that so-called 'austerity' measures are necessarily harmful to economies, saying Britain has done exceptionally well since its...

Sunday Explainer: What's the census and can we afford to do without it?

The ABS says it can't afford Census 2016.

Peter Martin An ancient relic or an essential tool for the 21st century? The government is considering abandoning next year's census to help the Bureau of Statistics fund other priorities.

Trans Pacific Partnership. What's the deal being negotiated in our name?

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Peter Martin Australia's next free trade agreement may not be as "free" as expected, with 40 per cent of the world's economy involved and the left hand not knowing what the right hand is doing in negotiations.

Bean counting not people counting: why the ABS can't afford Census 2016

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Peter Martin Make other plans for census night next year. The Bureau of Statistics says it wants to cancel in cancel it.

Researchers attack ABS plan to move census to 10 years

Row over census frequency: ABS chief executive David Kalisch.

Gareth Hutchens, Peter Martin Researchers have attacked the Bureau of Statistics' plan to start publishing Australia's national census every decade, rather than every five years, saying the census is the envy of other developed...

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ABS is behind controversial proposal to axe the 2016 census, not the Abbott government

The 2011 census cost $440 million, with 29,000 census collectors employed.

Peter Martin The controversial proposal to axe the 2016 census has originated from the Bureau of Statistics rather than the Abbott government, the bureau has revealed.

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ABS, government 'consulting widely' on future of the Australian census: ABS chief David Kalisch

The 2011 census cost $440 million, with 29,000 census collectors employed.

Gareth Hutchens, Peter Martin The head of the Australian Bureau of Statistics, David Kalisch, has sent a note employees following revelations the Abbott government is considering abandoning the Australian census and replacing it...

Abbott government considers axing the Australian census to save money

The census offers a snapshot of where Australians come from, where they live, what type of families they have and how they work.

Peter Martin The Abbott government is considering abandoning the Australian census and replacing it with a smaller sample survey in the upcoming budget.

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Superannuation tax concessions are valuable, if inflammatory political territory for Treasurer Joe Hockey

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Peter Martin Australia needs a big, untapped revenue stream to balance its books, and superannuation ticks all the boxes.

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It's a matter of trust. Why confidence is our biggest economic problem

The Australian economy has plenty of money but is short on confidence.

Peter Martin The one thing that's broken is the one thing our leaders can't easily fix.It's confidence. The treasurer said so on Friday: "The problem in the economy is not a shortage of money, it's about...

Unemployment hits 6.4 per cent. Will Joe Hockey do a Wayne Swan?

Joe Hockey was small business minister in the Howard government in 2002, the last time the unemployment rate hit 6 per cent.

Peter Martin Never at any point during Labor's reign or during the global financial crisis did Australia's unemployment rate hit 6 per cent.

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Support budget cuts or 'Australia will never get back to surplus': Joe Hockey

Treasurer Joe Hockey takes questions from the media on Wednesday.

Mark Kenny, Peter Martin Treasurer Joe Hockey is defying suggestions he should be replaced by Malcolm Turnbull and has vowed to press ahead with unpopular budget measures, declaring if he can't get them through the Senate...

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Budget may never get back to surplus, says Joe Hockey

Treasurer Joe Hockey and Prime Minister Tony Abbott during Question Time at Parliament House in Canberra on Tuesday.

Peter Martin and Mark Kenny So big is the hit to the budget from commodity prices and measures held up in the Senate it may "never get back to surplus, treasurer Joe Hockey has told the Coalition party room.

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Boost GST and use funds to cut tax, OECD says

Peter Martin Boosting Australia's "currently low" rate of GST and using the funds to cutting income and company tax would be one of the best ways to boost economic growth, the Organisation for Economic...

Dire forecast led to Reserve Bank cut

The Reserve Bank released its quarterly statement on Friday.

Peter Martin The Reserve Bank board decided to cut interest rates on Tuesday after being presented with forecasts showing what would happen to employment and economic growth if it did not.

RBA governor Glenn Stevens briefed federal cabinet on rate cut

Reserve Bank governor Glenn Stevens.

Peter Martin Reserve Bank governor Glenn Stevens and the Treasury secretary John Fraser briefed Tony Abbott's cabinet shortly after their historic decision to cut interest rates to new long-term lows.

Joe Hockey says shackles are off as Reserve Bank cuts interest rates to 55-year lows

Treasurer Joe Hockey has welcomed the Reserve Bank's move to cut interest rates.

Peter Martin Declaring that "the shackles are off the Australian economy" the treasurer Joe Hockey has embraced the first in what might be a series of Reserve Bank interest rate cuts saying the Bank has room to...

Job vacancies show the employment market springing cautiously to life

Peter Martin NSW is the most promising east-coast state for job seekers.

Return of Buddha to help seal India-Australia free-trade agreement

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Peter Martin The return of a 2000-year-old stone statue of Buddha is expected to help smooth the way for a free-trade agreement with India by the end of the year.

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What Treasury thinks, the OECD often says

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Peter Martin Two years in the making the latest OECD report card on Australia reads like a message to the Abbott from his own advisers.