Money

Peter Martin

Peter Martin is the Economics Editor for The Age.

Seniors are doing better in real terms than younger people earning the same incomes.

End the age of entitlement - for seniors

Australia's tax system has become skewed towards a growing and apparently untouchable group of 'taxed nots' - they are older Australians who pay roughly $1 billion per year less tax than younger Australians in the same circumstances, according to a new Grattan Institute report.

Greens Senator Peter Whish-Wilson set up the inquiry into white collar crime.

Women half as likely to benefit from tax cuts as men

Male mining engineers, school principals, surgeons and anaesthetists will be the biggest beneficiaries of the high-end tax cut currently before the Senate, with men more than twice as likely to benefit as women.

Treasurer Scott Morrison's Treasury has shown the positive effect that company tax cuts will have on the economy.

Government mulls national default super scheme to save $1.5b

The Turnbull government is considering a radical shakeup of Australia's superannuation system that would pit banks and industry funds against each other for the right to manage the deposits of every new entrant for at least two years.