Economic data can tell us a lot about what's happening the economy and society, but it's easy to get lost in data. Dollars and Sense dives into the latest economic figures to explain how they impact you and what they tell us about the state of the Australian economy, with host Greg Jericho, Chief Economist at the Australia Institute and the Centre for Future Work and popular columnist of Grogonomics with Guardian Australia.
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Welcome To My New Podcast Channel ,Well Let Me Tell You Inside The Wandering Mind Of Alice is about getting to know Me(Ebony) And The Wonderland Mind Of Alice Getting To Know Me Inside And Out Talking about Every And Anything Under The Sun Let's Talk Real Live Raw Uncut Let Me Get To Know What's In Your Wonderland Mind While I Invite My Listener To Step Into My Ebony's Daily Lifestyle ❤️And Trying To Keep Alice's Mind From WanderLand I'm Truly A Prisoner In My Own Wandering Mind Support this ...
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The Lucky Country is an insider's outside view of Australia's most important political and economic debates. Hosted by The Australia Institute's Chief Economist Richard Denniss, The Lucky Country is a weekly podcast from Schwartz Media which applies common sense to complex issues.
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Super profits have driven up inflation, robbing all but the wealthiest Australians, says Greg Jericho. On this episode of Dollars & Sense, Greg and Elinor discuss the Greens’ ‘Robin Hood’ tax proposal, post-pandemic profits and the latest inflation data. Greg Jericho is Chief Economist at the Australia Institute and the Centre for Future Work and p…
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Australia’s big banks are among the most profitable in the world, so forcing them to compete is essential, says Greg Jericho. On this episode of Dollars & Sense, Greg and Elinor get out the world’s tiniest violin for Australia’s big banks, who are finally having to compete to offer better mortgage rates, and discuss why three of the 'big four' are …
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Australians hate gambling ads, so why is the government tiptoeing around a ban?
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A tax on the digital giants could be used to support free, public-interest journalism while implementing a total ban on gambling advertising, says Matt Grudnoff. On this episode of Dollars & Sense, Australia Institute Senior Economist Matt Grudnoff and Elinor discuss the government’s gambling reforms and new research showing that the wealth of Aust…
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Rate expectations: will Australians get a rate cut for Christmas?
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The Reserve Bank Governor may be keeping her cards close to her chest, but a slowing economy means a rate cut this year could still be on the table, says Greg Jericho. On this episode of Dollars & Sense, Greg and Elinor discuss the pay increase for childcare workers, what’s happening in the stock market and the decision to keep interest rates on ho…
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Another airline is grounded - should the government buy it?
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Flights in regional Australia are an essential public service, so the government could consider stepping in to support the stricken regional carrier, Rex, Greg Jericho says. On this episode of Dollars & Sense, Greg and Elinor discuss Australia’s uncompetitive airline industry, the cost of privatising essential public services, and the latest inflat…
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Imports are for LOSERS! Trump's 'America first' economics
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Major Australian industries are vulnerable to the impacts of another US-China trade war, says Greg Jericho. On this episode of Dollars & Sense, Greg Jericho discusses the economic impact of a second Trump presidency for Australia and the region – and why four more years of Trump could be a disaster for the climate. Greg Jericho is Chief Economist a…
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What would Trump 2.0 mean for the global economy?
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The prospect of tariff hikes and higher inflation in a second Trump term has economic policymakers nervous, says Greg Jericho. On this episode of Dollars & Sense, Greg Jericho discusses the latest International Monetary Fund Update on the global economy, the possible impact of American tariff hikes on global efforts to tackle inflation, and the rea…
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Australia wastes billions making housing more expensive
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It’s not easy to screw up the housing market this badly – it’s taken Australia decades of bad policy and billions of dollars to get here, Matt Grudnoff says. How did Australia get itself into such a mess with housing? What impact is the crisis having on renters? And why does everyone seem to think investing in the property market is a good idea exc…
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The prime minister joked that the Coalition is turning communist, but having strong powers to break up the Coles-Woolies duopoly is sensible economic policy, Matt Grudnoff says. Would the divestiture powers proposed by the Federal Opposition and supported by the Greens help keep inflation down? And what impact will the new and improved stage three …
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The faux-debate over nuclear energy is a distraction from the main game – reducing our emissions to address the climate crisis, says Greg Jericho. With emissions reduction efforts stalled and energy bills spiking, why is Australia’s political class talking about nuclear plants that wouldn’t be ready for decades? On this episode of Dollars & Sense, …
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At a time of major uncertainty in the economy, Reserve Bank Governor Michele Bullock’s honesty is refreshing, says Greg Jericho. What is driving the current uncertainty about the country’s economic trajectory? Why did the Reserve Bank of Australia (RBA) decide to keep interest rates on hold? And what does the latest data reveal about workplace gend…
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The government is trying to strike a delicate balance in the economy, getting inflation down without sending the country into recession, says Greg Jericho. Isn't a surplus in the current economic climate a good thing? What causes productivity growth? And how do other nations measure unemployment? On this episode of Dollars & Sense, Greg Jericho ans…
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Near-zero economic growth is a good sign of how bad things are, says Greg Jericho. After multiple interest rate increases in recent years, it’s the economy – not inflation – that’s slowing, with the latest figures showing that the Australian economy grew just 0.1 per cent in the last quarter. So why is gross domestic product (GDP) growth so hard to…
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Inflation isn’t falling as fast as most economists want, but a rate rise now would do more harm than good, says Greg Jericho. With interest rates refusing to fall below three per cent, some analysts are making dire assessments of the Australia economy. But while so-called ‘sticky’ inflation isn’t great, it’s better than risking a huge drop in deman…
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According to the Productivity Commission, wealth inequality declined during the COVID years due to boosted government support payments. And when those payments finished, predictably inequality went back up. The overwhelming majority of gains from economic growth since the GFC have gone to the wealthiest people. On this episode, Greg Jericho discuss…
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The budget and why your wages are lagging 14 years behind
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27:48
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The pandemic and runaway inflation reversed more than a decade of progress on living standards in just two years – and it’s going to be a long wait for them to inch back, says Greg Jericho. What does the latest data reveal about Australian living standards? Why is there so much fearmongering about a wages breakout? And did the government hit the ma…
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Calling for a ‘short recession’ as an economist is like calling for a ‘small war’ knowing you’ll never be on the frontlines, says Greg Jericho. Inflation isn’t coming down as fast as many hoped, but it’s still heading in the right direction. Some economists are calling for recession, but that’s playing with fire, according to Greg Jericho. On this …
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JobSeeker drags people into poverty, but the government could fix this today
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Budgets are about choices – and successive governments have chosen to punish jobseekers, says Greg Jericho. JobSeeker unemployment payments are “seriously inadequate” according to the government’s Economic Inclusion Advisory Committee. But why has their value fallen so far behind the aged pension? And with budget night fast approaching, will the go…
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Annual inflation is on the way down, but rents remain high and many people’s higher education loans are growing, even after repayments, says Greg Jericho. The rising cost of university and record indexation is driving up student debt, putting a major burden on younger Australians. On this episode of Dollars & Sense, Greg explores what the governmen…
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The government is under fire for trying to ‘pick winners’, but green manufacturing could be the pony to get behind, says Greg Jericho. The Australian Government wants to create a future that’s ‘made in Australia’, but can it really compete with the likes of China and the United States? On this episode of Dollars & Sense, Greg explores whether the n…
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The market expects rates to fall – but that may be optimistic
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Greg Jericho discusses the decisions facing the Reserve Bank in coming months and a new report showing that rate rises hurt Australians more than anyone in the world. The International Monetary Fund (IMF) shows that Australians feel the pinch of interest rate rises more than people in any other advanced economy. On this episode, Greg explores the r…
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The budget balance usually steals the headlines on budget night, but it’s not that important, says Greg Jericho. With budget night a little over a month away, Greg tees off on Australia’s political obsession with budget deficits. He argues it’s not a good measure of the health of the economy or of who is a better ‘economic manager’ – and the foreca…
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Waiting for Godot (and wage-price spirals)
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Despite claims by some business groups and commentators, a modest wage increase for workers isn’t going to send inflation skyrocketing, says Greg Jericho. On this episode, Greg explains that wages should be rising faster than inflation and says claims a five per cent wage increase for the lowest paid Australians will lead to out-of-control prices a…
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Too good to be true? Employment spike exceeds expectations
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Unemployment dropped in a big way in February, so is the Australian economy now out of the woods? On this episode, Greg Jericho discusses the link between unemployment and recessions, what message the data holds for the Reserve Bank and why Treasury should hold off on the party poppers – at least for now. Greg Jericho is Chief Economist at the Aust…
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Housing is so bad that 2020 prices look good...
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Housing prices have risen so much in Australia that 2020 prices look almost reasonable. In fact, if the house price to income ratio were the same as it was in 2000, the average price would be nearly $400,000 less. Greg Jericho is Chief Economist at the Australia Institute and the Centre for Future Work and popular columnist of Grogonomics with Guar…
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Australia’s recent gross domestic product (GDP) figures show that the economy is weak and people are struggling to keep up. So what can the federal government – and the Reserve Bank – do to help? Greg Jericho is Chief Economist at the Australia Institute and the Centre for Future Work and popular columnist of Grogonomics with Guardian Australia. Ea…
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The gas industry likes to tell us it's vital to the Australian economy. But when people are paying more in GST for Taylor Swift merch than many companies are paying in company income tax per year, and the government collects more from HECS than the PRRT, you know something is seriously wrong. Greg Jericho is Chief Economist at the Australia Institu…
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Wages are up! And, why non-compete clauses are bad for the economy
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Wages are up over the past year, for the first time since 2021! Which means your real wage has increased as well, but by a small amount. Also this week, the Bureau of Statistics looked at restraint clauses, or non-compete clauses. So what do they mean for workers, and the economy as a whole? Lower wages, funnily enough. Greg Jericho is Chief Econom…
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The Right to Disconnect is attracting criticism from business groups and others, saying it will reduce productivity. Well, it won't. And do they mean productivity, or profits? Also, how negative gearing and the capital gains tax discount delivered massive tax breaks to the rich at the expense of affordable housing for the rest of Australia. Greg Je…
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With Michele Bullock at the helm of the RBA, there's change in the air. But do the changes extend below surface level? Where do they think inflation is going, and what about those pesky interest rates? Join us as we dive into the latest monetary news. Greg Jericho is the Chief Economist at the Australia Institute and the Centre for Future Work and …
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Inflation seems to be under control...what now?
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The latest CPI figures show inflation has fallen, hopefully putting an end to interest rate rises for the moment. But does that mean the economy is healthy now, or is there more to it? Greg Jericho is Chief Economist at the Australia Institute and the Centre for Future Work and popular columnist of Grogonomics with Guardian Australia. In Dollars & …
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Stage 3 tax cuts are Dead, Long Live (the Improved) Stage 3 tax cuts
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26:08
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The (old) Stage 3 tax cuts are dead. Long live the (revised and much improved) Stage 3 tax cuts. Some may cry 'broken promises' but it's a bit hard to make an impact with that argument when the broken promise gives most people more money in their pocket. Greg Jericho is Chief Economist at the Australia Institute and the Centre for Future Work and p…
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It’s quite amazing how nothing – not a pandemic, not rising interest rates – seems to do much to dampen the housing market. Amazing, that is, unless you forget that the entire focus of political pressure over the past 40 years or so has been designed to keep house prices from falling, or even abating. Greg Jericho is Chief Economist at the Australi…
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Aussies Love a Bargain - What Retail Figures Show
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Today Greg's taking a look at retail figures over the past month, and what they say about our spending habits. Also, how much stuff from the 1980s could you buy today? Greg Jericho is Chief Economist at the Australia Institute and the Centre for Future Work and popular columnist of Grogonomics with Guardian Australia. In Dollars & Sense, each week,…
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A Penny-Pinching Christmas - 2023 Wrap-Up
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2023 was a big year in economics, with inflation and the cost of living crisis dominating the headlines. Greg is taking a look back at the year, and how the economy shaped our lives in 2023. Greg Jericho is Chief Economist at the Australia Institute and the Centre for Future Work and popular columnist of Grogonomics with Guardian Australia. In Doll…
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Australia cares too much about Budget surplus
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The Government has released the MYEFO, or Mid-Year Economic and Fiscal Outlook, or as we call it, Easter for economists. It's projecting a very small deficit of around $1 billion. But does that really matter? Greg Jericho is Chief Economist at the Australia Institute and the Centre for Future Work and popular columnist of Grogonomics with Guardian …
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GDP figures out this week show that while Australia is clinging to slight economic growth, under the surface a recession is already being seen. Greg Jericho is Chief Economist at the Australia Institute and the Centre for Future Work and popular columnist of Grogonomics with Guardian Australia. In Dollars & Sense, each week, Greg Jericho will dive …
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Reserve Bank Governor says...go to the dentist less?!
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Last week Reserve Bank Governor Michelle Bullock told us to think twice about going to the dentist or the hairdresser, lest we contribute to inflation. Greg explains why, frankly, this is a load of Bullock. Greg Jericho is Chief Economist at the Australia Institute and the Centre for Future Work and popular columnist of Grogonomics with Guardian Au…
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The Economy's Growing, but Households are Poorer
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21:41
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In this episode Greg Jericho talks about gross state product, and why households are poorer even though the economy is growing. Greg Jericho is Chief Economist at the Australia Institute and the Centre for Future Work and popular columnist of Grogonomics with Guardian Australia. In Dollars & Sense, each week, Greg Jericho will dive into the latest …
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Introducing Dollars & Sense with Greg Jericho
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Economic data can tell us a lot about what's happening the economy and society, but it's easy to get lost in data. Introducing the Australia Institute's brand new podcast, Dollars & Sense, with Greg Jericho, Chief Economist at the Australia Institute and the Centre for Future Work and popular columnist of Grogonomics with Guardian Australia. In Dol…
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Fooling around in the project--- Support this podcast: https://podcasters.spotify.com/pod/show/ebony-bennett/support
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Just Babbling --- Support this podcast: https://podcasters.spotify.com/pod/show/ebony-bennett/support
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Sorry for your wait--- Support this podcast: https://podcasters.spotify.com/pod/show/ebony-bennett/support
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Welcome To My New Podcast Channel The Wandering Mind Of Alice Would Like To Basically Introduce Myself Tell You A Couple Topics I Will Be Talking About :LOVE AND RELATIONSHIP ❤️BEAUTY AND HAIR 💄💇🧔Politics 📈📚📝FASHION 👗👔👞👠FOOD 🦀🍓🥩🍗🥗FINANCE AND CAREERS📝🏨💈💸💳--- Support this podcast: https://podcasters.spotify.com/pod/show/ebony-bennett/support…
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Schwartz Media's new daily podcast 7am launched a few weeks ago. Search for 7am in your favourite podcast app to subscribe and keep listening. Sacking Scott Morrison Before entering parliament, Scott Morrison ran Tourism Australia. He was sacked by the minister, but the details of what happened have never been made public. Karen Middleton on the cl…
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Schwartz Media's new daily podcast 7am launches today. Search for 7am in your favourite podcast app to subscribe and keep listening. Surprise: the status quo election Scott Morrison's surprise win last weekend was the status quo election no one saw coming. The vote was actually a repeat of 2010, and the country has been stuck on that divide ever si…
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Richard Dennis Introduces 7am, Our Daily News Podcast
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Richard Dennis, host of The Lucky Country, introduces Schwartz Media's new podcast, 7am. Hosted by Elizabeth Kulas, 7am is a daily news show from the publisher of The Monthly and The Saturday Paper. Hear the country's best reporters, covering the news as it affects Australia. This is news with narrative, every weekday. Subscribe in your favourite p…
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Episode 21: Winner And Losers, The Final Say.
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For the final episode of season two of The Lucky Country, chief economist at The Australia Institute Richard Denniss and Canberra-based lobbyist Chris Fry chew the economic fat of the complex relationship between Australian citizens, their elected representatives and the policies that determine the winners and losers. News audio is courtesy of the …
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Episode 20: Chris Kenny, Ebony Bennett And Violence Against Women
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30:17
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The public messaging regarding recent occurrences of the rape and murder of women has predominantly been that women need to try harder to stay safe in public. Is this the right message? This week, Richard Denniss talks to journalist Chris Kenny about the way violence against women is reported in the media, and Ebony Bennett, deputy director at The …
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Episode 19: Bob Brown, More Liberal Than The Liberals?
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Why do corporate investments and political interests so often take priority over the long-term viability of our common resources? Should more Australians be encouraged to vote to secure the nation's future, or is it okay to prioritise this generation's wants over the next generation's needs? This week, former Greens leader Bob Brown joins Richard D…
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