Peter Martin

The tax cut will be worth $52.60 per fortnight for an Australian on the median wage. Next Monday’s pay rise might be worth another $65.50.

Human beings are so keen put off things off (as the Coalition wants to with our 2030 emissions target), economists have come up with a name for it – hyperbolic discounting.

Despite appearances, Australia’s pharmacies don’t much compete with each other. Many are commonly owned, especially those near each other. They are ripe for an ‘Uber’ moment.

Energy experts – and even Greenpeace – underestimated solar power’s rapid global growth. As this chart shows, solar’s now set to become the world’s biggest power source within the next decade.

Even though social media is free to use, research found many US university students would pay to quit it – especially TikTok – if they could beat their fear of missing out.

The Reserve Bank will decide whether to hike or hold rates next Tuesday. The bank’s new deputy governor has offered us some clues to which way they might go.

None of the 49 leading economists polled in the latest Economic Society of Australia survey said they believed the market was delivering good outcomes.

The head of the US Federal Reserve has declared interest rates are headed down there. Australia should fall into line soon after – most likely on Melbourne Cup Day in November.

My calculations suggest that if homeownership bounced back to 70% – where it was before a key tax change – an extra 430,000 homes would now be owned by the people living in them.

Australia would be among the countries that would suffer most from what Trump is proposing, after the US and China.