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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.

Would you pay to quit TikTok and Instagram? You’d be surprised how many would

Jul 24, 2024 11:38 am UTC| Insights & Views Technology

Social media is a problem for economists. They dont know how to value it. It has long been argued that it ought to be in the national accounts as part of gross domestic product. One 2019 study estimated Facebook alone...

The Chemist Warehouse deal is a sideshow: pharmacies are ripe for bigger disruption

Jun 20, 2024 05:28 am UTC| Business

Theres something curious about the proposed merger between Chemist Warehouse and Sigma Healthcare. Chemist Warehouse has about 550 retail pharmacies. Sigma has another 400. Yet the law limits owners to just a handful...

Spare us the talk about a wages explosion. There’s nothing wrong with lifting Australia’s lowest wages in line with inflation

Jun 05, 2024 04:07 am UTC| Economy

What is it with the Coalition and wages? When, in the final days of the 2022 election campaign, the then opposition leader Anthony Albanese backed an increase in award wages to keep pace with inflation, his opposite...

Top economists take a modest view of the budget, and doubt inflation will fall as planned

May 27, 2024 06:33 am UTC| Insights & Views Economy

Asked to grade Treasurer Jim Chalmers third budget on his own criteria of delivering on inflation in the near term and then growth in the medium term, most of the 49 leading economists surveyed by the Economic Society of...

Central Banking Series

If the RBA’s right, interest rates may not fall for another year. Here’s why.

May 08, 2024 11:04 am UTC| Economy Central Banks

The Reserve Bank is now assuming Australians will see no interest rate cuts this year and quite possibly none before the next federal election, due next May. Thats a big change compared to just three months ago. Back...

Beyond the spin, beyond the handouts, here’s how to get a handle on what’s really happening on budget night

Apr 25, 2024 06:11 am UTC| Insights & Views Economy

Three weeks from now, some of us will be presented with a mountain of budget papers, and just about all of us will get to hear about them on radio, TV or news websites on budget night. The quickest way to find out what...

Economists say Australia shouldn’t try to transition to net zero by aping the mammoth US Inflation Reduction Act

Mar 18, 2024 09:00 am UTC| Insights & Views Economy

Australias top economists are pressing Prime Minister Anthony Albanese not to ape US President Joe Bidens think big approach to clean energy. Bidens so-called Inflation Reduction Act dubbed the largest climate...

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Economy

European Stocks Flat as Novo Nordisk Gains Offset Tech Losses

European stocks remained flat in early trading Wednesday, as gains in healthcare were counterbalanced by a decline in technology stocks. The pan-European STOXX 600 index edged down 0.07% at 0810 GMT. Novo Nordisk...

Japan's Service Sector Expands for Third Month Amid Strong Export Demand

Japans service industry continued to grow in January, supported by a rebound in export demand across Asia, according to the latest au Jibun Bank Services PMI report by SP Global Market Intelligence. The index rose to 53.0...

Trump's Bold Moves: A New Era in U.S. Foreign Policy

Trumps Bold Moves: A New Era in U.S. Foreign Policy Overview of Trumps Speech and Iran Policy On February 4, 2025, President Donald Trump delivered an important speech after signing some executive orders in the Oval...

Asian Stocks Rebound as Trump Delays Tariffs on Canada and Mexico

Asian stocks surged on Tuesday after U.S. President Donald Trump postponed planned tariffs on Canada and Mexico, easing immediate trade war concerns. The delay provided a relief rally following Mondays steep declines...

China Hits Back with New Tariffs on U.S. Goods After Trump’s 10% Levy

Chinas finance ministry announced fresh tariffs on U.S. products on Tuesday, responding swiftly to a 10% tariff imposed by President Donald Trump on Chinese imports. The U.S. tariff, which took effect at 0501 GMT, marks...

Politics

Britain Pledges £55M to Strengthen Ukraine Amid War with Russia

British Foreign Minister David Lammy announced 55 million ($68.7 million) in additional financial aid to Ukraine during his visit to Kyiv on Wednesday. Lammy, in his second trip since assuming office, met with President...

Philippine Congress Endorses Impeachment of Vice President Sara Duterte

The Philippine House of Representatives has endorsed an impeachment complaint against Vice President Sara Duterte, daughter of former President Rodrigo Duterte. The case now moves to the Senate, where 23 senators will...

Mexico Confident in Deal With U.S. to Avoid Tariffs Amid Border Disputes

Mexican officials expressed optimism about reaching an agreement with the U.S. before threatened tariffs take effect. President Donald Trump delayed imposing 25% tariffs on Mexico and Canada for a month, demanding stronger...

Trump Criticizes U.N., Cuts Engagement with Key Agencies

U.S. President Donald Trump criticized the United Nations, calling it not well run but acknowledging its potential. He urged reforms, stating that the U.N. must improve its role in resolving global conflicts. While he...

Trump Expresses Willingness for Deal with Iran but Stresses Nuclear Restrictions

U.S. President Donald Trump said on Tuesday that he is willing to negotiate a deal with Iran to improve relations but stressed that Tehran must not develop nuclear weapons. Speaking to reporters in Washington, Trump...

Science

South African telescope discovers a giant galaxy that’s 32 times bigger than Earth’s

Inkathazos glowing plasma jets are shown in red and yellow. The starlight from other surrounding galaxies can be seen in the background. K.K.L Charlton (UCT), MeerKAT, HSC, CARTA, IDIA, CC BY You may not know it, but right...

It’s science, not fiction: high-tech drones may soon be fighting bushfires in Australia

Picture this. Its a summer evening in Australia. A dry lightning storm is about to sweep across remote, tinder-dry bushland. The next day is forecast to be hot and windy. A lightning strike tonight could spark a fire that...

Earth is bombarded with rocks from space – but who gets to keep these ultimate antiques?

Every day, about 48.5 tonnes of space rock hurtle towards Earth. Meteorites that fall into the ocean are never recovered. But the ones that crash on land can spark debates about legal ownership. Globally, meteorite hunting...

Most of us trust scientists, shows a survey of nearly 72,000 people worldwide

Public trust in scientists is vital. It can help us with personal decisions on matters like health and provide evidence-based policymaking to assist governments with crises such as the COVID pandemic or climate change. In...

Astronauts on NASA’s Artemis mission to the Moon will need better boots − here’s why

The U.S.s return to the Moon with NASAs Artemis program will not be a mere stroll in the park. Instead it will be a perilous journey to a lunar location representing one of the most extreme environments in the solar...

Technology

DeepSeek AI Gains Momentum as Chinese Tech Giants Rally Behind It

Chinese AI startup DeepSeek is making waves as domestic tech giants, from chipmakers to cloud providers, rally to support its AI models. Companies like Moore Threads and Hygon Information Technology, aiming to compete with...

Former Google Engineer Indicted for Stealing AI Trade Secrets for China

U.S. prosecutors have expanded charges against former Google (NASDAQ: GOOGL) software engineer Linwei Leon Ding, accusing him of stealing AI trade secrets to benefit Chinese companies. The federal grand jury in San...

Honda-Nissan Merger Talks May Be Canceled, Boosting Stock Prices

Honda Motor Co. (TYO:7267) and Nissan Motor Co. (TYO:7201) shares surged on Wednesday after reports suggested they may abandon merger plans. Hondas stock rose 2.9%, while Nissan gained 4.3%. Toyota Motor Corp. (TYO:7203)...

JD Vance to Attend AI Summit in Paris Amid U.S.-China Tech Competition

U.S. Vice President JD Vance is set to attend the Artificial Intelligence (AI) Action (WA:ACT) Summit in Paris next week, according to a French diplomatic source. The visit comes as global competition in AI intensifies,...

Hong Kong Tech Stocks Rally on AI Optimism Despite U.S. Tariffs

Hong Kong-listed Chinese technology stocks surged as optimism over artificial intelligence (AI) advancements from companies like DeepSeek and Alibaba (NYSE:BABA) overshadowed concerns about new U.S. tariffs. DeepSeeks...