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Articles from Peter Martin

Gross State Product. Victoria top, but NSW the real winner

November 18, 2017 - 08:41 -- Admin

Victoria has Australia's top-performing state economy, but the real prizes have gone to NSW and South Australia.

The annual Bureau of Statistics measure of state domestic product puts Victoria's economic growth at 3.3 per cent throughout 2016-17. NSW recorded weaker growth of 2.9 per cent, South Australia 2.2 per cent, Queensland 1.8 per cent and Tasmania 1.1 per cent. Western Australia's economy shrank 2.7 per cent.

It's the Trans-Pacific Partnership, with fewer bad bits

November 13, 2017 - 23:30 -- Admin

The Trans-Pacific Partnership is dead. In its place, maybe, we'll have something lesser, with a longer title: the Progressive Comprehensive Trans-Pacific Partnership, or PCTPP.

The name change is apparently a sop to the Canadians, who like things progressive. They are the only nation, ever in the history of the world, to have named one of their political parties the Progressive Conservatives.

Expect tax cuts, soon, says Access Economics

November 13, 2017 - 16:30 -- Admin

The federal budget is built on the back of impossibly large tax increases that won't survive the coming election, a new report has warned.

The Deloitte Access budget monitor, released four weeks ahead of the official budget update, finds that on the government's own forecasts by 2021 the typical Australian income will have climbed $6100, but the typical tax take will have climbed $2500.

How to kill stamp duty and produce a budget to remember

March 23, 2017 - 11:40 -- Admin

The myth about budgets is that they can achieve much at all.

In decades to come few will be remembered for anything other than the introduction of Medicare, the national disability insurance scheme and the goods and services tax.

But in six weeks' time the government will have an opportunity to actually do something that will last; something far more important, and more transformative, than the apparently doomed plan to cut the rate of company tax.

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