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Peter Martin

Peter Martin is the Economics Editor for The Age.

Hockey wants to decide super contribution rates himself

Peter Martin Treasurer Joe Hockey wants to take upon himself the power to set superannuation contributions, introducing a bill that would give him control over the rate rather than Parliament.

A dollar to light up: smokers brace for another jump in tobacco excise

The increase means the price of cigarettes for casual smokers will approach $1 a stick.

Peter Martin Cigarette taxes will jump by a hefty 13.7 per cent on Monday, the second of four outsized increases in as many years.

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Success. The Renewable Energy Target's greatest failing

Peter Martin dinkus Dinkus

Peter Martin Here's the good news. The Renewable Energy Target has been a success. Here's the bad news. It's been so successful the panel wants to wind it back.

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NBN cost benefit analysis finds there's such a thing as too much speed

Peter Martin dinkus Dinkus

Peter Martin Cost benefit review finds Labor's NBN expensive, late and and over engineered.

Cost benefit analysis shows Turnbull plan has $16b advantage

Malcolm Turnbull

Matthew Knott, Peter Martin Abbott government's pared-back broadband plan is three times more cost effective than Labor's ambitious scheme and would leave Australians $16 billion better off, according to the first independent...

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Attack tax expenditures. It's where the money is

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Peter Martin Mathias Cormann is two-thirds right, but there's an alternative to cutting spending and boosting taxes.

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Treasury secretary Martin Parkinson says reform is harder now than in Bob Hawke's era

Dr Martin Parkinson, Secretary of the Department of Treasury.

Peter Martin The head of the Treasury likes to tell a story about redheads. Or he used to, until he found himself telling it to Julia Gillard.

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Budget office says health not a long-term spending issue

Community expectations put pressure on governments: Prime Minister Tony Abbott with the Federal Member for Mayo, Jamie Briggs.

Peter Martin, James Massola The independent Parliamentary Budget Office has called into question claims health spending is spiralling out of control, noting government spending is projected to grow in line with the economy over...

Budget could have been sold better: Treasury secretary Martin Parkinson

Martin Parkinson

Peter Martin Australians are in for much larger tax bills and slower income growth, and with hindsight the budget has been sold wrongly, the head of the Treasury has told a gathering of Canberra economists.

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Very low wage rises send many workers backward


Peter Martin Wages rises have been so low over the past year that most workers have gone backwards.

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Sorry, Treasurer, but your tax figures are a long way wide of the mark

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Peter Martin The Treasurer has made a big mistake. ''Higher-income households pay half their income in tax,'' Joe Hockey told Channel Nine this week while defending his budget.

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Less accusation and more information required

Peter Martin Malevolent? The Treasurer says Fairfax Media's reporting of the budget has been sometimes 'quite malevolent'.

Joe Hockey needs to put his cards somewhere - the table's gone missing

Peter Martin Malevolent? Treasurer Joe Hockey says Fairfax Media's reporting of the budget has been sometimes ''quite malevolent''.

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Budget cuts hit lowest-income earners hardest, says Treasury

Hockey criticises 'malevolent' reporting (Thumbnail)

Tom Allard and Peter Martin Treasury analysis obtained by Fairfax Media confirms the critics - poor families are hit harder than rich ones.

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New rules for young job seekers an 'aberration'

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Peter Martin Red tape? It's only just begun. Forcing job seekers to apply for 40 jobs each per month will bombard employers with more than 1 million applications per day, every working day of every year.


Lousy days loom for small businesses bombarded by job-seekers


Peter Martin Red tape? It's only just begun. Forcing job-seekers to apply for 40 jobs each per month will bombard employers with more than 1 million applications per day, every working day of every year.

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Paid parental leave, childcare: worth doing despite the economics

Peter Martin dinkus

Peter Martin Ask the minister responsible to explain Australia's present system of support for childcare and she can't.

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Sunday roast was lamb to the slaughter of the carbon tax

Peter Martin.

Peter Martin The good news is that without the carbon tax you won’t be paying $100 for a Sunday roast. But you never did.

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Super system could face revolutionary changes

David Murray.

Peter Martin and Clancy Yeates The Financial System Inquiry has proposed a revolution in Australia's superannuation system that would banish high fees and force Australians to take more super as income rather than lump sums.

Carbon tax going, but don't expect big savings

David Leyonhjelm

Peter Martin The carbon tax will be repealed within days after a breakthrough in talks between the government and crossbench senators who were concerned at what they believed were draconian provisions in the...

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