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Peter Martin1

Peter Martin1

Visiting Fellow, Crawford School of Public Policy, Australian National University
Peter Martin is Business and Economy Editor of The Conversation and a visiting fellow at the Crawford School of Public Policy at the ANU.

A former Treasury official with an honours degree in economics, he has worked as the economics correspondent for ABC radio, as the ABC's Tokyo correspondent and as economics editor of The Age.

With Dr Gigi Foster of UNSW he created The Economists podcast on ABC Radio National. In 2016 he was made a Distinguished Alumni of Flinders University in recognition of his contribution to the community's understanding of economics.

Central Banking Series

Why does the RBA keep hiking interest rates? It's scared it can't contain inflation

Aug 03, 2022 00:55 am UTC| Economy Central Banks

There are signs inflation pressures are easing. Oil prices are down almost 20% on their peak in March. Theyve been falling consistently for a month. The average capital city unleaded price is down from A$2.11 per litre...

Central Banking Series

Top economists expect RBA to hold interest rates low in 2022, as real wages fall

Feb 02, 2022 09:26 am UTC| Economy Central Banks

Australias leading forecasters expect the Reserve Bank to resist pressure to lift interest rates all year, despite rising interest rates overseas, much higher inflation, plunging unemployment, and financial market traders...

Unemployment below 3% is possible for the first time in 50 years – if Australia budgets for it

Feb 02, 2022 08:57 am UTC| Economy

Whats the boldest thing the Morrison government could do in next months budget? It would be to forecast an unemployment rate below 4% (a rate of three-point-something), then to pledge to go further, to...

Economy will be weak and in need of support after pandemic, top economists say

Jul 01, 2021 03:59 am UTC| Economy

Australias economy will limp along after recovering from the pandemic, failing to regain the growth it had either in the years leading up to the crisis or the much higher growth in the decades before. Thats the...

Exclusive. Top economists back budget push for an unemployment rate beginning with '4'

May 09, 2021 10:03 am UTC| Economy

Australias top economists have overwhelmingly backed a decision by Treasurer Josh Frydenberg to reset the budget strategy so that it prioritises achieving an unemployment rate of between 4% and 5% over reducing...

The budget is a window into the treasurer's soul. Here's what to look for Tuesday night

May 09, 2021 09:13 am UTC| Politics

What in America they call the State of the Union, in Australia we call the federal budget. As surprising as it may seem, Australian budgets arent really about money theyre about values. As a case in point, a key...

You can't fix the economy if you can't see it: how the ABS became our secret weapon

Mar 09, 2021 05:32 am UTC| Insights & Views Economy

If we survive this economic crisis (and it is looking increasingly like we will, although the end of JobKeeper at the end of the month will be a setback) it will in large measure be because this time weve had real-time...

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Economy

Rather than dispose of the bottles at their end of life, the Ball aluminum bottles will be turned into new ones within 60 days.

Ball Corporation will provide its refillable aluminum bottles to the Boomerang Bottling System at resorts, on cruise ships, campuses, and elsewhere, allowing the recycling of bottles. Boomerang will wash, rinse, filter,...

The deal will kick in with Super Bowl LVII on 12th February 2023 in Glendale, Arizona.

The National Football League inked a five-year deal worth $50 million annually with Apple as its new sponsor for its Super Bowl halftime show, to be billed as the Apple Music Super Bowl Halftime Show. The deal will kick...

The NBA’s Phoenix Suns were recently valued at more than US$2 billion by Sportico and US$1.8 billion by Forbes.

Amazon founder Jeff Bezos, ex-Disney CEO Bob Iger, Oracle co-founder Larry Ellison, and Steve Jobss widow Laurene Powell Jobs have been named as parties interested in acquiring the Phoenix franchises after majority owner...

The deal allows the Boston-based Rapid7 to feature its logo on the team playing jerseys and practice tops from the start of the 2022/23 season

The NHLs Boston Bruins have secured their first multi-year jersey patch partnership deal with cybersecurity firm Rapid7. The deal allows the Boston-based Rapid7 to feature its logo on the team playing jerseys and...

McDonald's China eyes young environmentally focused consumers with green marketing

McDonalds China will embed green experiences throughout the consumer journey to engage young, environmentally focused customers. The marketing strategy aims to provide consumers with green experiences to advocate the...

Politics

The Senate ratified the Kigali Amendment to the 1987 Montreal Protocol by 69-27.

The United States Senate this week ratified an amendment to the Montreal Protocol that would phase out the use of greenhouse gases contributing to global warming. The chamber ratified the Kigali Amendment that would end...

Truss reportedly informed Israeli foreign minister Yair Lapid about her review of relocating the British embassy to the contested city.

British Prime Minister Liz Truss is reportedly considering moving the British embassy in Tel Aviv to Jerusalem. Truss apparently told Israeli foreign minister Yair Lapid on the sidelines of the UN General Assembly in New...

Iranian President Ebrahim Raisi said the "acts of chaos" in the demonstrations are unacceptable.

The death of 22-year-old Mahsa Amini in the custody of Irans Morality Police has sparked widespread unrest in the country, which has escalated into violence. Iranian President Ebrahim Raisi warned against the violence as...

UN human rights envoy for Myanmar Tom Andrews warned countries not to take any measures that would legitimize the junta's planned elections.

Myanmar has been in a state of unrest since February last year, when the generals seized power in a coup and ousted the countrys elected government. With the junta planning elections that would take place next year, a...

Science

Celltrion will receive US$10 million in milestone payments after successfully passing key stages of the development and approval cycle.

South Koreas Celltrion Inc. will jointly develop and work on the market release with Abpro Corp. of the US on a breast cancer treatment candidate ABP 10 Under the deal, Celltrion will receive US$10 million in milestone...

Current Canadian and American management efforts do not go far enough to decrease entanglement hazards and encourage the recovery of the North Atlantic right whale.

The Monterey Bay Aquariums Seafood Watch program added the American red lobster, caught in both US and Canada to its red list. Other species also added to the list are the snow crab, Atlantic rock crab, and others that...

The microscope unit, which also manufactures industrial endoscopes and x-ray analyzers, will be transferred to Bain on January 4, subject to antitrust regulatory approvals in Japan and elsewhere.

Olympus had agreed to sell its microscope unit to private equity firm Bain Capital for $3.1 billion as it speeds up the overhaul of its business portfolio to focus solely on medical technology The microscope unit, which...

The research team discovered that steamed mealworms emit a strong, corn-like odor, and when grilled or fried, they gave off a shrimp and frying oil-like scent.

South Korean researchers from Wonkwang University have developed a new process that uses edible insects to create meat-flavored seasoning. The research team came up with 98 volatile compounds with varying amounts of...

The resulting thermoplastic resin could be purified through a distillation process to make food-grade potassium lactate.

Wind turbine blades could eventually be recycled into gummies according to a Michigan State University professor, This was discussed during the American Chemical Societys fall conference, which kicked off in Chicago...

Technology

The companies believe more people will spend more in virtual department stores and amusement parks as they spend more time online.

South Koreas retail giants, Shinsegae and Lotte have ignited their competition in the virtual world, which is emerging as new a future growth engine. The companies believe more people will spend more in virtual...

Satya Nadella is ‘very confident’ that Microsoft will get approvals to acquire Activision Blizzard

Microsoft made headlines recently as its proposed Activision Blizzard buyout of nearly $69 billion is undergoing heavy scrutiny from regulators worldwide. But CEO Satya Nadella said he is very confident the deal will be...

CD Projekt Red celebrates ‘Cyberpunk 2077’ for having 1 million daily visitors in the last week

CD Projekt Red revealed that at least one million players have opened Cyberpunk 2077 in the past week. Online charts show that the daily numbers of concurrent players are also climbing up, especially after the release of...

Microsoft’s 2022 Surface event is happening on October 12

Fall is typically the season when the biggest tech companies unveil new flagship products every year. And Microsoft just confirmed that it would once again host a Surface event next month, where it is expected to unveil...

Twitch rejects calls for a 70/30 revenue split and announces it will standardize 50/50 share from subscriptions

Twitch announced upcoming changes to its policy on revenue share from subscriptions. The update, which will be implemented next year, will primarily affect streamers who are under a premium agreement with the...
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