Oz Blog News Commentary

Articles from Peter Martin

TAG: - with

May 10, 2015 - 17:28 -- Admin

TAG: - with Mark KennyBy Peter Martin and Richard WillinghamTuesday’s budget will include a offer to end the impasse over the East West Link that has seen $1.5 billion left in limbo.The Age has learned that the offer is one of the few big infrastructure commitments in a budget whose three big themes will be families, taxation and jobs.

Intergenerational report. Why the future will be nothing like as bleak as it suggests

March 6, 2015 - 19:46 -- Admin

The biggest economic challenge facing Australia in 40 years' time will be a shortage of workers. The finances aren't nearly as challenging.It's true that we will probably have to pay more of our income in tax, but we'll earn a lot more. Adjusted for inflation we'll earn will earn three times as much as we do today. We'll be able to find whatever extra tax is needed.What we won't be able to find - as easily - is more workers.

The real story to emerge from Tuesday's board meeting. The RBA fears the economy is even weaker

March 4, 2015 - 07:18 -- Admin

The Reserve Bank fears the economy is even weaker than when it met one month ago.Tuesday's board meeting considered new data released since its last meeting showing much lower than expected investment intentions for the third quarter of this year.After the bank cut rat