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Jan 16, 2025 | 
abc.net.au | Peter Martin
The Economy, Stupid is your weekly guide to the world of business, economics and finance. Every Thursday, economist Peter Martin is joined by a team of sharp young thinkers for a fresh conversation about the financial stories making headlines and how they might affect you.
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Nov 1, 2024 | 
thesaturdaypaper.com.au | Peter Martin
Australia’s Reserve Bank looks increasingly out of step with economic realities. Its agreement with the government, struck by Treasurer Jim Chalmers and Governor Michele Bullock less than a year ago, requires it to aim for “consumer price inflation between 2 and 3 per cent”. A scorecard at the top of the RBA website displays the inflation number in particularly bold print. Mid Wednesday that display switched from 3.8 per cent to 2.8 per cent. Inflation had fallen to within its target zone.
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Oct 8, 2024 | 
abc.net.au | Peter Martin
It's time to take Donald Trump seriously. Betting markets say it's as likely as not he will be elected United States president four weeks from today. And unlike in 2016 when his program wasn't clearly defined, he has set out plainly what he intends to do. Which means it's possible to model the consequences.
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Oct 4, 2024 | 
mydup.com | Peter Martin
Peter Martin said, “There are questions arising from this process which should be answered by Ulster University as well as by the candidates, hand-picked apparently for these positions.
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Oct 2, 2024 | 
abc.net.au | Peter Martin
Thirteen years ago at the tax summit called to discuss the Henry Tax Review, David Koch stopped discussion of negative gearing dead in its tracks. Better known by many as "Kochie", he was the long-running host of Channel Seven's Sunrise, TV's favourite "daggy dad", a finance journalist and a community representative at the summit. Property manager Eddie Kutner had just finished putting the case for negative gearing.
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Oct 1, 2024 | 
themonthly.com.au | Ruby Jones |Peter Martin
7am is a daily news podcast brought to you by Schwartz Media and The Saturday Paper. How to listen? WebsiteEconomist and contributor to The Saturday Paper Peter Martin, on the “illusory” discounts and how a Cadbury Caramello Koala helped fuel the outrage. There are hundreds of angry posts on X, TikTok and Reddit from citizen journalists archiving Coles and Woolworths' published prices and noticing some strange patterns.
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Sep 24, 2024 | 
abc.net.au | Peter Martin
Who'd want to be Reserve Bank Governor Michele Bullock? On Tuesday she had to do the almost impossible: defend a decision not to cut interest rates at a time when they were being cut in just about every other major industrial nation.
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Jul 30, 2024 | 
abc.net.au | Peter Martin
The inflation figure due to be released to is different than most. It's focusing the minds of politicians as well as economists. Inflation has been falling for the past five quarters, getting closer and closer to the Reserve Bank's target band. At the last quarterly read, three months ago, it wasn't far away. Inflation came in at 3.6 per cent, well down from the peak of 7.8 per cent, and within sight of the 2-3 per cent band. There had been talk about a cut in interest rates, soon.
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Jul 2, 2024 | 
abc.net.au | Peter Martin
Opposition Leader Peter Dutton might have been hoping for an endorsement from economists for his plan to take Australian nuclear. He shouldn't expect one from The Economist. The Economist is a British weekly news magazine that has reported on economic thinking and served as a place for economists to exchange views since 1843.
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Jun 30, 2024 | 
abc.net.au | Peter Martin
Australia's top economic forecasters expect the Reserve Bank to start cutting interest rates by March next year, taking 0.35 points of its cash rate by June. If passed on in full, the cut would take $125 off the monthly cost of servicing a $600,000 variable-rate mortgage, with more to come. The panel of 29 forecasters assembled by The Conversation expects a further cut of 0.3 points by the end of 2025.
