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Important. There are two Australias: Things are bad outside the Sydney-Melbourne bubble.

Things are bad outside the Sydney-Melbourne bubble
The concept of "two Australias" isn't new, but those of us in VicNSW are less aware of it than we were back at the peak of the mining boom when it was QldWA versus the rest.
smh.com.au|By Peter Martin

Peter Martin: Barnaby, your advice about sugar is particularly rich, and cruel

Peter Martin: Barnaby, your advice about sugar is particularly rich, and cruel
Never accept dietary advice from the Nationals.
smh.com.au|By Peter Martin
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'Alan Kohler. Hockey’s tax speech was truly awful:'
Peter Martin's photo.
Peter Martin's photo.
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Now its sugar. The Grattan Institute wants a soft drink tax of $520 million

A $520 million soft drink tax will make us less fat. But here's what it will do to prices
The United Kingdom, Ireland, Belgium, France, Fiji, Mexico, South Africa and parts of America have sugar taxes. Australia could be next.
smh.com.au|By Peter Martin

$24 billion budget blowout. MYEFO to confirm the worst on December 19

$24 billion budget blowout. MYEFO to confirm the worst on December 19
Much lower than expected wage growth has knocked a hole in the government's budget projections, blowing out deficits right through until 2019-20.
smh.com.au|By Peter Martin

End the age of entitlement: cut tax perks for seniors, says Grattan Institute.

End the age of entitlement: cut tax perks for seniors, says Grattan Institute
Australia's tax system has become skewed towards a growing and apparently untouchable group of 'taxed nots' - they are older Australians who pay roughly $1 billion per year less tax than younger Australians in the same circumstances, according to a new Grattan Institute report.
smh.com.au|By Peter Martin

The case for a universal basic income, no questions asked. Me, today.

Peter Martin: The case for a basic income, no questions asked
What if the right to an income was as basic as the right to vote?
smh.com.au|By Peter Martin

GOING UP. Why just about everyone's happy when bond rates are rising. BusinessDay

Why just about everyone's happy when bond yields soar
Bond yields are climbing because of a feeling things are about to get better.
smh.com.au|By Peter Martin

Australian wage growth plumbs new depths as workers endure record wait for pay rises

Wage growth plumbs new depths as workers endure record wait for pay rises
f you think it's a long time since you got your last pay rise, you are right. The Bureau of Statistics finds the average wait has nearly doubled over the past four years, blowing out from 12 months to 21 months.
smh.com.au|By Peter Martin

Truth, lies and power. How renewables get fitted up for everything

The untruths we're being told about coal and renewable power
From dead birds to power outages in severe storms, it seems that wind power can be fitted up for anything.
smh.com.au|By Peter Martin

Trump's program is dangerous, says Reserve Bank chief

Trump's program is dangerous, says Reserve Bank chief Philip Lowe
Reserve Bank governor Philip Lowe has labelled US President-elect Donald Trump's trade policy "dangerous" and probably his biggest concern.
smh.com.au|By Peter Martin

Turnbull budget too tight, says IMF:

Spend more on infrastructure to avoid 'new mediocre', IMF tells Coalition
The International Monetary Fund has taken aim at the first Turnbull budget for winding back spending too quickly, especially in the coming financial year when, it says, the budget will rip $20 billion out of the economy,
smh.com.au|By Peter Martin

Trump's program is dangerous, says Reserve Bank chief Philip Lowe

Trump's program is dangerous, says Reserve Bank chief Philip Lowe
Reserve Bank governor Philip Lowe has labelled US President-elect Donald Trump's trade policy "dangerous" and probably his biggest concern.
smh.com.au|By Peter Martin

Now it's a plebiscite on importing nuclear waste.

South Australian referendum to be a plebiscite on nuclear waste
South Australian Premier Jay Weatherill has committed his state to a referendum on whether to host Australia's first nuclear waste dump, saying he will push ahead despite lukewarm public support.
smh.com.au|By Peter Martin

TPP: Trans-Pacific Partnership dead, before Trump even takes office

Trans-Pacific Partnership dead, before Trump even takes office
Eight years in the making, the giant Trans-Pacific Partnership trade deal between Australia, the US and ten other regional powers is as good as dead after the Obama administration walked away from its plan to put it before the "lame duck" of Congress ahead of Donald Trump's inauguration as president...
smh.com.au|By Peter Martin

Rudd on steroids: Why business is embracing Trump

Rudd on steroids: Why business is embracing Trump
Suddenly, Trump is good for business.
smh.com.au|By Peter Martin

The economic consequences of a Trump win look disastrous.
Me, in tomorrow's paper.

The consequences of a Donald Trump win are disastrous for the Australian economy
If Trump wins, as is now likely, he will declare economic war on our biggest customer, wipe unprecedented amounts off global stock markets, usher in extraordinary financial instability, and risk turning the the world's biggest economy into a basket case by pushing its national debt past 100 per cent...
smh.com.au|By Peter Martin

And you thought the TPP was secret. The RCEP is even worse:

Peter Martin: And you thought the TPP was secret. The RCEP is even worse
There's another massive deal you've never heard of.
smh.com.au|By Peter Martin
Economics editor, The Age.
www.theage.com.au
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