Oz Blog News Commentary

Articles from Peter Martin

Productivity Commission: how big data could work for us

November 3, 2016 - 12:10 -- Admin

What if we were on the cusp of one of the biggest ever advances in productivity and we didn't recognise it?

That's how it must have been for Alexander Fleming with the discovery of penicillin, for university technicians with the development of the internet, and for Bill Clinton, who with the stroke of a pen in the year 2000, made highly accurate military global positioning satellites available for everyone to use for free.

Why 'mortgage tilt' means you might never pay off your home

October 20, 2016 - 17:57 -- Admin

What can you do when your dreams come true, and it's not quite like you planned?

- Don Henley, Glenn Frey

Anyone would have thought Philip Lowe had it made. The new Reserve Bank governor has taken the helm at a time when the Bank's traditional enemy, high inflation, is dead. He says he is the first to have done so. Yet he is worried by the fruits of that success.