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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.

The Reserve Bank thinks the recovery will look V-shaped. There are reasons to doubt it

May 09, 2020 06:37 am UTC| Economy Central Banks

The Reserve Banks long-awaited two-year forecasts for jobs, wages and growth are frightening, but I fear they are not frightening enough. The bank looks two years ahead every three months. The last set of forecasts,...

Central Banking Series

One word repeated 9 times explains why the Reserve Bank cut: it's "coronavirus"

Mar 04, 2020 00:34 am UTC| Insights & Views Central Banks Economy

Never has a virus featured so prominently in a Reserve Bank statement. Reserve Bank of Australia The word coronavirus is mentioned nine times in the governors seven-paragraph statement. His board cut the cash...

2020 survey: no lift in wage growth, no lift in economic growth and no progress on unemployment in year of low expectations

Jan 28, 2020 08:17 am UTC| Insights & Views Economy

2020 is shaping up as a dismal year for the economy, with no progress on many of the key measures that matter for Australians. Unemployment will stay above 5% and probably rise rather than fall. Economic growth will...

In fact, there's plenty we can do to make future fires less likely

Jan 08, 2020 11:56 am UTC| Insights & Views Nature

One of the dominant ideas buzzing around the internet is that theres little we can do to escape the prospect of more frequent and worse bushfires - ever. Thats because theres little we can do to slow or reverse the...

GDP update: spending dips and saving soars as we stash rather than spend our tax cuts

Dec 09, 2019 05:27 am UTC| Insights & Views Economy

Australians saved rather than spent most of the budget tax cuts, almost doubling the proportion of household income saved, leaving spending languishing. The September quarter national accounts show that in the first...

We asked 13 economists how to fix things. All back the RBA governor over the treasurer

Nov 04, 2019 11:26 am UTC| Insights & Views Central Banks Economy

Thirteen leading economists have declared their hands in the stand off between the government and the Governor of the Reserve Bank over the best way to boost the economy. All 13 back Reserve Bank Governor Philip...

0.75% is a a record low, but don't think for a second the Reserve Bank has finished cutting the cash rate

Oct 02, 2019 03:13 am UTC| Insights & Views Central Banks Economy

Anyone who thought that with the Reserve Banks cash rate now close to zero, its run of interest rate cuts was over, needs only to read the last sentence of Governor Philip Lowes announcement after Tuesdays cut: The...

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Economy

McDonald's is returning to Ukraine after shutting down six months ago due to the Russian invasion.

McDonalds announced on Thursday, Aug. 11, that it has decided to re-open some of its restaurant outlets in Ukraine. The fast-food brands return to the country comes after it shut down its stores six months ago due to the...

Lyons Magnus' expanded beverage recall now includes the risk of botulinum food poisoning.

Lyons Magnus, a leader in the food service industry, has expanded its recall to include more than 30 other beverage brands in the list. Earlier this month, it already issued a recall to Oatly, Stumptown, Glucerna, Aloha...

KFC Australia added its first plant-based food item to the menu but for a limited time only.

KFC launched its first plant-based food option in Australia, and the new meatless item is chicken popcorn. This bite-size vegan chicken menu is available only in select locations in New South Wales. As per The Daily...

HiteJinro has yet to reach a settlement with its unionized drivers even after five months into the conflict.

HiteJinro and its truck drivers are still in sort of fight mode as they have yet to resolve their issues. It was reported that there was hardly any sign of possible settlement between the unionized workers and the company...

GS Retail decided to cease the operations of its Lalavla H&B stores due to sales decline.

GS Retail Co. owns Lalavla health and beauty stores in South Korea. The supermarket chain company announced on Thursday, Aug. 11, that it would be closing all of its Lalavla outlets after 17 years since entering the health...

Politics

In a letter to colleagues, Pelosi said the House will pass the Senate-approved Inflation Reduction Act on Friday.

US House Speaker Nancy Pelosi said the chamber is set to pass the Senate-approved Inflation Reduction Act. Pelosi said the House of Representatives will pass the major legislation on Friday. In a letter to colleagues,...

The Swedish government has agreed to extradite a Turkish national wanted for bank card fraud as part of its agreement with Turkey over NATO.

The Swedish government agreed this week to extradite a man convicted of fraud to Turkey. The extradition comes as Turkey demanded several people be extradited as part of the deal for the countrys bid to join the NATO...

Johnson spoke to his UAE counterpart where they spoke about the importance of cooperation between the two countries especially surrounding Ukraine and other global issues.

This week, UK Prime Minister Boris Johnson spoke with UAE President Sheikh Mohammed bin Zayed al-Nahyan. The two leaders brought up the importance of coordination between the two countries surrounding Ukraine. In a...

A bombing at a seminary in Kabul killed prominent Taliban scholar Sheikh Rahimullah Haqqani.

Another attack occurred in Afghanistans capital Kabul this week, adding to the increasing attacks that took place within the country. A bombing at a seminary in Kabul has killed a prominent Taliban scholar. Taliban...

Science

When compared to the current approach of extracting methane gas from organic waste resources and then reforming it into hydrogen, the technology SK ecoplant is developing can cut the time needed for the manufacture of hydrogen by more than 20 times.

SK ecoplant Co. plans to develop a technology to produce hydrogen through a fermentation process where microorganisms eat and decompose organic matter in the absence of light When compared to the current approach of...

The research team completed a patent application, trademark application, and vegan certification for the research findings.

A Keimyung University research team has reproduced the taste and fragrance of civet coffee, known as kopi luwak, by scientifically identifying the digestion and fermentation conditions where civets live. Consequently,...

Landsat at 50: How satellites revolutionized the way we see – and protect – the natural world

Fifty years ago, U.S. scientists launched a satellite that dramatically changed how we see the world. It captured images of Earths surface in minute detail, showing how wildfires burned landscapes, how farms erased...

What do molecules look like?

What do molecules look like? Justice B., age 6, Wimberley, Texas A molecule is a group of atoms bonded together. Molecules make up nearly everything around you your skin, your chair, even your food. They vary...

What science says about the best ways to cool down

We spend most of the year complaining that Britain is too cold and wet but gripe with just as much enthusiasm about the heat. Although moaning about the weather is satisfying, its better to take action and cool yourself...

Technology

Apple has reportedly invested $10 million for original podcasts that could later be turned into movies and TV shows for Apple TV+

Apple is reportedly increasing its investments in the podcast arena by closing deals with more production studios for original content. But this effort will not only benefit Apples podcast business as the iPhone maker...

Analyst Ming-Chi Kuo predicts Apple will raise iPhone 14 costs, possibly increasing the base model’s price to nearly $1,000

Apple managed to implement significant upgrades to the iPhone line in recent years without drastically increasing its retail prices. That might change, however, the tech giant is expected to increase prices for the iPhone...

Microsoft says making Activision Blizzard games exclusive to Xbox will not be profitable in response to Sony’s criticisms of the $68.7 billion acquisition

Microsoft has responded to Sonys criticisms of its potential acquisition of Activision Blizzard. In a 27-page letter to Brazils competition regulator, the Xbox parent company has once again implied that Call of Duty will...

Samsung wants to provide clients with a variety of services through these NFTs, including rewards like offline discounts at partner retailers.

Samsung Electronics made deals with several South Korean physical retailers to promote the use of Samsung New Galaxy NFTs. The retailers include Samsung Digital Plaza, Shilla Duty-Free Shop, Show Golf, and E...
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