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Peter Martin

Peter Martin is the Economics Editor for The Age.

Australian superannuation fees too high, says Treasury

treasury

Peter Martin Australians are paying an extraordinary $20 billion per year in superannuation fees, about three times as much as they need to, the Commonwealth Treasury says.

Plain packaging pushes cigarette sales down

Cigarette.

Peter Martin The Commonwealth Treasury has entered the debate over cigarette sales, publishing previously secret information that shows sales falling since the introduction of graphic health warnings and plain...

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Treasury figures confirm decline in tobacco sales

Plain packaging

Peter Martin The Commonwealth Treasury has entered the debate over cigarette sales.

Mooted new rules to benefit trade, says Coalition

Peter Martin Secret international financial services negotiations will open up new opportunities for Australian businesses in Asia, the government says.

Banking agreement leak: giant risk to financial stability buried in the small print

Peter Martin dinkus

Peter Martin The most shocking thing about the leaked draft of the Trade in Services Agreement is the innocuously named ''dispute settlement'' provision.

Mining jobs peter out as growth slows in the industry

mining truck

Peter Martin Once Australia's second-biggest provider of new jobs, the mining industry has shrunk to become barely significant as an employer.

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Sovereignty at risk with trade treaty's proposed dispute arbiter

Leaked draft of trade agreement

Peter Martin The most shocking thing about the leaked draft of the Trade in Services Agreement is the innocuously named ''Dispute Settlement'' provision.

Hockey's welfare claim confused and ultimately flawed

Peter Martin dinkus

Peter Martin It's the best-remembered phrase of the budget - and it wasn't even in the budget.

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Coalition-led inquiry raises concerns about watering down of Labor's financial advice law reforms

Finance Minister Senator Mathias Cormann

Peter Martin A Coalition-chaired Senate inquiry has raised doubts about a Coalition plan to water down Labor's financial advice reform laws.

Low wage rises, greater productivity boost Australia's competitiveness

cleaner

Peter Martin So slowly have wages been rising and so fast has productivity been climbing that the Reserve Bank says it's cheaper to make things in Australia than it was two years ago.

Government set to dilute investor protection

Peta Credlin

Peter Martin The government is expected to move quickly to water down Labor's financial advice laws following the conclusion of an 11-week Senate inquiry.

Minister Kevin Andrews pledges no gags on welfare payment changes

Kevin Andrews

Peter Martin and Judith Ireland The government has promised not to gag the welfare sector as it has outlined plans to shrink the number of payments and supplements from 75 to as few as four.

Social Services Minister Kevin Andrews says government is not out to 'gag' welfare sector

Kevin Andrews

Peter Martin and Judith Ireland The government has promised not to gag the welfare sector as it has outlined plans to shrink the number of payments and supplements from 75 to as few as four.

Community organisation fearful of Abbott government gag

Australia Council of Social Service Cassandra Goldie

Peter Martin The Australian Council of Social Service is concerned that the Abbott government is seeking to gag the welfare sector after comments from Immigration Minister Scott Morrison that government funding...

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A poor thing but mine own

Mining

Peter Martin We're mining our socks off. And that's good, right? In the first 10 months of the previous financial year we moved $46.2 billion of iron ore. In the first 10 months of this one we moved $64.3 billion.

It's official: Australians don't pay enough tax — Australians say so

map

Peter Martin For the first time in years, we don't feel overtaxed.

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Growth speeds, yet somehow we feel we're still stuck in the slow lane

Peter Martin dinkus

Peter Martin We're booming, but it doesn't feel like it.

Growth figures flatter to deceive

Peter Martin A few months back Joe Hockey would have moved heaven and earth to get figures like these.

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Finance Department passes buck on 'family outcomes' budget table

David Tune.

Peter Martin Department did not create tables showing which families would be better or worse off as a result of the budget, Senate Committee told.

Women to be hit hardest by student loan debt

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Peter Martin and Matthew Knott Women will suffer disproportionately from the government's decision to apply real interest to student debts for the first time, new modelling shows.

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