Business

Peter Martin

Peter Martin is the economics editor for The Age, based at Parliament House

Treasurer Scott Morrison will be presented with the damning report in Baden Baden.

Lift GST, says OECD in dismal report card

The Organisation for Economic Co-operation and Development has castigated Australia for inadequate progress on tax, Indigenous affairs and support for business in a report card to be presented to finance ministers from the group of 20 leading industrial nations in Germany on Saturday.

Housing confidence has plummeted.

Consumer confidence in housing at lowest level in 40 years

Consumer confidence in the Australian housing market has collapsed to its lowest level in 27 years, with the proportion of Australians believing real estate was the wisest place to put savings falling to below 12 per cent, the lowest level since 1974.