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Articles from Peter Martin

The jobs boom is real. Government can take the credit

December 14, 2017 - 08:10 -- Admin

The Bureau of Statistics has produced some shockers – wildly inaccurate employment statistics it has had to disown. But not this time.

An apparent employment surge in one month might be a statistical fluke, the result of a dodgy sample or flawed bad seasonal adjustment. But not a near-record surge that goes on for month after month, 14 of them in a row.

Low wage rises have become routine. Here's why

December 14, 2017 - 08:03 -- Admin

An entire year without a pay rise? Prepare for another one, next year.

Wage rises used to be an annual phenomenon. The Bureau of Statistics says on average we got one every year. But since 2012 the length of time between them has almost doubled. The average has become once every 1.75 years. For every person that gets a wage rise more often than that, there will be someone who gets one less often.

Olympics Bettered. The benefits of same sex marriage

December 10, 2017 - 19:41 -- Admin

How on earth could same-sex marriage deliver 10 years' worth of economic benefits? And why on earth do 18 of Australia's leading economists expect it to?

The experts were surveyed this week by the Economic Society of Australia. Thirty answered this question: "Will changing the law to allow same-sex couples to marry generate net economic benefits for the nation as a whole over the next 10 years?"

Eighteen thought it would. Only seven thought it would not.

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