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Dollars & Sense

The Australia Institute

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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. 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
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The Lucky Country

The Australia Institute

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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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The capital gains tax concession and negative gearing have worked together to make housing less affordable and exacerbate inequality. Tax doesn’t just affect markets, it shapes society. On housing, excessive tax concessions have driven up prices, concentrated wealth and locked many of the market. On this special episode, Maiy Azize from Everybody’s…
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On our 100th episode of Dollars & Sense, we discuss why the Reserve Bank always seems to prioritise inflation over employment in its interest rate discussions. Greg and Elinor discuss the Reserve Bank’s predictable rates decision, Microsoft’s decision to refund some customers after pressure from the Australian Competition & Consumer Commission, and…
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Plenty of big tech companies are losing money on their artificial intelligence investments, begging the question: do people actually want the products? On this episode of Dollars & Sense, Greg and Elinor discuss the “shock” inflation figures, what energy subsidies have to do with the larger-than-expected increase, and why the Australian Competition…
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People have been queuing for gold and it's giving toilet paper in 2020. On this episode of Dollars & Sense, Greg and Elinor discuss the critical minerals agreement struck between the Australian and American governments, Andrew Leigh’s new anti-price gouging legislation, and why Aussies have been lining up for gold. Dead Centre: How political pragma…
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The global economic outlook is “dim” according to a new report, driven by uncertainty over Trump’s economic and trade policies. On this episode of Dollars & Sense, Greg and Elinor discuss the latest World Economic Outlook from the International Monetary Fund, the latest trade spat between the United States and China, why fewer Australians are trave…
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Renting a place to live is getting more expensive and house price rises are tipped to accelerate. On this episode of Dollars & Sense, Greg and Elinor discuss housing affordability, how so many of Australia’s biggest companies manage to pay zero (0) corporate tax, and how Trump made solving the tax problem that much harder. Use the code ‘podcast’ to…
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The federal government’s policy enabling five per cent house deposits is just a backdoor first homebuyer’s grant that’ll pump up prices. On this episode of Dollars & Sense, Greg and Elinor discuss whether Emirati supermarket chain Lulu will take on Colesworth, the Reserve Bank’s decision to keep rates on hold, Trump’s unworkable tariffs on foreign …
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Scott Morrison’s GST deal with Western Australia stuffed the system, but there are plenty of ways the Government could make it better. On this episode of Dollars & Sense, Greg and Elinor discuss Jim Chalmers vs red tape, what the latest inflation data could mean for the November rates decision, and how governments could ensure GST revenues keep up …
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A new report outlines the grave consequences of climate change for the Australian economy – so why is the government still approving fossil fuel projects? On this episode of Dollars & Sense, Greg returns from his holiday to talk about the National Climate Risk Assessment reveals about the future of the Australian economy. Plus: the tricky task of m…
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When our most vulnerable are treated with suspicion, and our wealthiest get massive tax cuts, what does that say about our priorities? On this episode of Dollars & Sense, Matt tells Elinor about the massive class action lawsuit settlement the Government made with the victims of Robodebt, Labor potentially getting cold feet on superannuation tax con…
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For all the talk about what government should do about productivity, Australia’s biggest corporations remain inefficient and unwilling to invest. On this episode of Dollars & Sense, Matt and Elinor discuss the Australia’s latest economic growth data, Trump’s threat to hit countries with digital taxes with extra tariffs, and this week’s political fi…
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Postal services around the world have suspended services to the United States in response to the Trump administration’s chaotic tariff policies. On this episode of Dollars & Sense, Matt and Elinor discuss why the latest inflation data isn’t anything to panic about, the case for economy-wide price gouging laws, and why Australia Post has stopped sen…
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Some regulations are good. Some are not. But cutting mystery ‘red tape’ is not panacea for improving productivity growth. On this episode of Dollars & Sense, Matt and Elinor discuss the big fine handed to Qantas, how a training levy on businesses could improve productivity, the misunderstandings around the causes of Australia’s housing crisis, and …
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Turns out being Australia’s Biggest Bank is very profitable when there isn’t much competition… On this episode of Dollars & Sense, Matt and Elinor discuss the RBA cutting interest rates five weeks too late, Australia’s biggest bank posting its biggest profit ever in an uncompetitive banking sector, and why Albanese seems to be putting a damper on e…
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We discuss the proposals around corporate tax and artificial intelligence ahead of the government’s productivity roundtable. On this episode of Dollars & Sense, Greg explains the Productivity Commission’s proposals for corporate tax and why Trump fired his labour statistics chief, and Elinor discovers people actually like economics. Dead Centre: Ho…
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Inflation is at its lowest level since March 2021, and below the RBA’s target in five capital cities. If there isn’t a rate cut coming soon, Greg will be absolutely flummoxed. On this episode of Dollars & Sense, Greg and Elinor unpack how the latest inflation figures only make it more obvious the RBA should have cut interest rates at their last mee…
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Also: the country is not too reliant on income tax. On this episode of Dollars & Sense, replacement Matt (Greg Jericho) and Elinor debunk some long-standing myths about the Australian economy, discuss cuts to HECS and examine the latest in Trump’s beef beef. Dead Centre: How political pragmatism is killing us by Richard Denniss is available for pre…
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The Australian Government doesn’t allocate spending to health or education as a proportion of GDP. Why should defence be any different? On this episode of Dollars & Sense, Matt and Elinor discuss the Prime Minister’s China trip, why spending more on defence doesn’t necessarily make us safer, and the unusual situation whereby our biggest bank thinks…
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The Reserve Bank’s shock decision not to cut rates will hurt mortgage holders and the economy. On this episode of Dollars & Sense, substitute Greg (Matt Grudnoff) returns to discuss Trump’s Big Pharma tariffs, the privatisation of childcare, and why the RBA got it wrong in its latest interest rate decision. This discussion was recorded on Wednesday…
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Positive gearing is so FY21-22. On this episode of Dollars & Sense, substitute Greg (Matt Grudnoff) and Elinor discuss the 91 millionaires who paid zero tax, the grim reality driving the gender pay gap, and why negative gearing is back on trend (but still making housing less affordable). This discussion was recorded on Thursday 3 July 2025 and thin…
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The debate over superannuation tax concessions shows that the wealthiest Australians get to play by different rules. On this episode of Dollars & Sense, Greg and Elinor discuss why being a CEO of a top company might be the sweetest gig in the country and the perverse debate over the government’s proposed superannuation tax changes. This discussion …
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Australia’s overly generous approach to taxing wealth is allowing the richest Australians to keep more for themselves. On this episode of Dollars & Sense, Greg and Elinor discuss Australia’s growing wealth gap, what Australians think about the government’s proposed superannuation tax changes, and what the escalating conflict in the Middle East mean…
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The Albanese Government has made improving productivity central to its second term agenda, but how can it make a difference without throwing workers under the bus? On this episode of Dollars & Sense, Greg and Elinor discuss some of the bogus claims about productivity, why giving fossil fuel subsidies to fossil fuel companies is a bad idea, and the …
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The latest data shows that economy is really struggling and the Reserve Bank got it wrong (again). Plus: TACO corner. On this episode of Dollars & Sense, Greg and Elinor discuss the latest quarterly GDP figures, why the above-inflation increase to minimum and award wages is a good thing, and the latest from Tariffland. This discussion was recorded …
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Rate cuts are great, but the Government needs to make sure that housing investors aren’t the main beneficiaries. On this episode of Dollars & Sense, Matt Grudnoff joins Elinor to discuss how the Government could help first home-buyers by restricting the ability of investors to borrow, what the fuss is about ‘unrealised gains’, and why the Governmen…
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It’s won and done. On this episode of Dollars & Sense, Greg explains why Australia has won the fight against inflation, complains about the RBA a bit, and appraises latest gender pay gap data. Plus: air horns! This discussion was recorded on Thursday 22 May 2025 and things may have changed since recording. Order After America: Australia and the new…
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For housing affordability to improve, wages must grow faster than house prices. On this episode of Dollars & Sense, Elinor returns to discover the economy does in fact still exist, before her and Greg discuss the latest wage data, house prices and Trump blinking on his China tariffs. This discussion was recorded on Thursday 15 May 2025 and things m…
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After the election, the re-elected Labor Government has an extraordinary opportunity to make big structural changes to the economy. On this episode of Dollars & Sense, Greg and Hayden discuss the election result, Trump’s Hollywood tariffs, and what retail spending figures reveal about the state of economy. This discussion was recorded on Thursday 8…
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We discuss the latest inflation data and answer your questions about the economy ahead of election day. On this episode of Dollars & Sense, Greg and Elinor discuss bracket creep, tariffs and the Aussie dollar, and the great silence about revenue in the federal election campaign. This discussion was recorded on Thursday 1 May 2025 and things may hav…
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For all the talk of defence spending in the election campaign, much of what Australians hold dear is being left behind. On this episode of Dollars & Sense, Greg and Elinor discuss the Coalition’s defence spending announcement, why Australia needs bravery from policymakers, and the latest debate between Jim Chalmers and Angus Taylor. This discussion…
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A number of the housing policy proposals on offer in this election will make affordability worse. On this episode of Dollars & Sense, Greg and Elinor discuss the second leaders’ debate, the major parties’ housing policy announcements, and the two big elephants in the room: negative gearing and the capital gains tax discount. This discussion was rec…
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It’s chaos out there. On this episode of Dollars & Sense, Greg and Elinor discuss Trump’s tariff turmoil, the dodgy numbers doing the rounds in the election campaign, and the Coalition’s big fund boondoggle. This discussion was recorded on Thursday 10 April 2025 and things may have changed since recording. Follow all the action from the federal ele…
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Americans are going to bear the brunt of Trump’s ‘Liberation Day’ tariffs. On this episode of Dollars & Sense, Greg and Hayden discuss Trump’s tariffs, the Reserve Bank’s magic 8-ball monetary policy, and why minimum wage increases don’t drive up inflation. This discussion was recorded on Thursday 3 April 2025 and things may have changed since reco…
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This “wimpy” budget tells us one thing: the election campaign is here. On this episode of Dollars & Sense, Greg and Elinor discuss the Government’s tax cuts, the big missed opportunities in this Budget, and what it’s like inside ‘the lock-up’. This discussion was recorded on Thursday 27 March 2025 and things may have changed since recording. Order …
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The Australian Government can’t afford to do everything, but it can afford to do anything it wants. On this episode of Dollars & Sense, Greg and Elinor preview next week’s Federal Budget and why the Government doesn’t need to leave so much tax revenue on the table. This discussion was recorded on Thursday 20 March 2025 and things may have changed s…
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Looking to buy a house? Having a good job that pays good money probably won’t be enough. On this episode of Dollars & Sense, Greg and Elinor discuss new research showing just how difficult it is to save for a house deposit and the political response to Trump’s steel and aluminium tariffs. This discussion was recorded on Thursday 13 March 2025 and t…
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Australia’s per capita recession is over, but the United States economy could be in for much worse. On this episode of Dollars & Sense, Greg and Elinor discuss the end of Australia’s per capita recession, why the humble chickpea deserves some of the credit, and why DOGE is looking like a disaster for the American economy. This discussion was record…
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The Government is being grilled by the media about how it will pay for its changed to Medicare – but why are journalists not asking the same questions of Australia’s expensive and unfair tax concessions? On this episode of Dollars & Sense, Greg and Hayden discuss the latest monthly inflation data, the proposed improvements to Medicare, and Australi…
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The Reserve Bank has cut interest rates for the first time since November 2020 – so is the Australian economy out of the woods? On this crossover episode of Follow the Money and Dollars & Sense, Greg Jericho and Ebony Bennett discuss what’s going on with inflation, the performance of the Reserve Bank and whether the Government deserves the credit f…
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And some of you get annexed (maybe). On this episode of Dollars & Sense, Greg and Elinor discuss the bogus claims made by American officials about Australia flooding the US market with aluminium, the latest housing data (still no house for Elinor *sadface*) and Australia’s urban-rural divide. This discussion was recorded on Thursday 13 February 202…
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Without addressing the wealth inequality crisis, Australia’s economy and society will suffer. On this episode of Dollars & Sense, Australia Institute Senior Economist and Elinor Johnston-Leek discuss how our housing and superannuation policies are fuelling wealth inequality. This discussion was recorded on Thursday 6 February 2025 and things may ha…
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Slashing public service jobs won’t make government more efficient. On this episode of Dollars & Sense, Greg and Elinor discuss the December quarter inflation figures, the political battle over the economy, and Dutton’s appointment of Jacinta Nampijinpa Price to an Elon Musk-style ‘government efficiency’ position. This discussion was recorded on Thu…
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Superannuation tax concessions benefit the richest Australians most – so why is the government finding it so hard to make modest changes to the system? On this episode of Dollars & Sense, Greg and Elinor discuss fearful grandmas, angry farmers and the political fight over superannuation reforms. This discussion was recorded on Thursday 23 January 2…
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In the wake of the catastrophic LA fires, how do the Australian major parties shape up on climate policy? As natural disasters grow more and more frequent, causing devastating destruction, and making cost-of-living more expensive, the two major parties in Australia seem happy to be talking about the nuclear nothing-burger, while sweeping coal mine …
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Just some things. Greg and guest host Adam Gottschalk discuss the media panic over the falling Aussie dollar, what it means for Greg’s Vegas blackjack losses, and how markets are responding to the incoming Trump administration. This discussion was recorded on Thursday 9 January 2025 and things may have changed since recording. Order the first book …
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We answer your burning questions about the economy in the final episode of 2024. Why are economists are so bad at predicting what’ll happen in the economy? Why is HECS indexed? And why do we measure labour as a cost but profit as a universal good? On the final episode of Dollars & Sense for the year, Greg and Elinor answer your questions about the …
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Immigration and public spending are barely keeping Australia out of a recession. On this episode of Dollars & Sense, Greg and Elinor discuss the latest GDP figures and why the Australian economy is in the toilet. This discussion was recorded on Thursday 5 December 2024 and things may have changed since recording. Order What's the Big Idea? 32 Big I…
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Trump says he’s going to make other countries pay with a sweeping new tariff regime – but in reality, everyone will lose. On this episode of Dollars & Sense, Greg and Elinor discuss Trump’s wild new tariff announcement and the end of the standoff between Labor and the Greens over housing. This discussion was recorded on Wednesday 27 November 2024 a…
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The government locks-in cash for essentials, plus Elinor dreams of a mortgage and Greg contemplates the passage of time. On this episode of Dollars & Sense, Greg and Elinor discuss the government’s new cash mandate plan and the latest state and territory economic data. This discussion was recorded on Thursday 21 November 2024 and things may have ch…
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…is an interest rate cut, says Greg Jericho. On this episode of Dollars & Sense, Greg and Elinor discuss the latest wages data, the likely impact of Trump’s tariff policies on Australia, and why the Reserve Bank are running out of excuses not to cut interest rates. This discussion was recorded on Thursday 14 November 2024 and things may have change…
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