In 2020, Australian GDP was $2 trillion but Australian households received another $1.7 trillion in capital gains as overall wealth increased to $12.7 trillion. But Australia currently has no taxes on wealth, so what does that mean for the economy in the long term and for reducing inequality?

The government’s massive $300 billion income tax cuts package will proceed in full, making inequality worse and mainly benefitting high income earners. But what makes a tax good or bad? This week, Richard Denniss and Matt Grudnoff explain the principles of a good tax and run the ruler over different types of taxes like income

Births declining, fewer people working, health funding will double and deficits for years to come. The latest Intergenerational Report (IGR) has been released and the government wants you to be scared. But it turns out the IGR is rubbish at making predictions. Join Richard Denniss as he uncovers the hidden assumptions buried in the Intergenerational

There has been an enormous surge in the sale of utes, due to the instant asset write-off in the Budget. But just how effective is this in terms of stimulating economic growth and creating jobs? Dig into the details and find out how we’re spending billions of dollars to make our car fleet bigger, heavier

Gone are the scare campaigns about debt and deficit, but was this really a big spending budget? Cut through the economic nonsense and pollywaffle with our senior economist Matt Grudnoff, as he unpacks everything you need to know about the Budget. Don’t forget to check out the Australia Institute’s federal budget breakdown here. Host: Ebony Bennett,

Exactly how much do governments hand out to fossil fuel companies every year?

Why are new coal mines like melting ice cream? In today’s episode, Richard Denniss explains the economics of coal, why Malcolm Turnbull has been in trouble with the Liberals and why we need to pause approvals of new coal mines. Host: Ebony Bennett, deputy director, the Australia Institute // @ebony_bennett Guest: Richard Denniss, chief economist,

When it comes to addressing the systemic issues which are impacting Australian women’s everyday lives, it often feels like the problems are big and impossible to tackle. In today’s episode, Australia Institute research economist Eliza Littleton outlines 8 practical things that Prime Minister Scott Morrison could do right now to remove barriers to women’s equality

Australian women bore the brunt of the recession, but how are they faring economically now? In short: not great.

In our summer special series, we bring you some of our favourite guests from the Australia Institute’s webinar series in 2020. In this episode, host Ebony Bennett talks to Jay Weatherill, Kate Carnell and Richard Denniss about how an affordable, accessible early learning system could help power Australia’s economic recovery. The full webinar is available

In our summer special series, we bring you some of our favourite guests from the Australia Institute’s webinar series in 2020. In this episode, host Ebony Bennett talks to Ged Kearney MP, Shadow Assistant Minister for Skills and the Shadow Assistant Minister for Aged Care, Beris Campbell, Board member of Homeshare and Ruth Kestermann, CEO

Let’s face it, 2020 has been a bit of a nightmare. This week, in our final episode of the year, Ebony Bennett and Richard Denniss revisit some of the Australia Institute’s predictions back in March 2020 and reflect on the way Australia’s economy and politics have changed this year in response to the pandemic. Mild

In this episode we explain what ‘not for publication’ (or ‘nfp’) means and why it appears so often in the Budget papers, with Australia Institute research director Rod Campbell.www.tai.org.auHost: Ebony Bennett, deputy director of the Australia Institute // @ebony_bennettGuests:Rod Campbell // @R_o_d_CProducer: Jennifer MaceyTheme music is by Jonathan McFeat from Pulse and Thrum

The federal budget forked out billions in spending — mostly on business tax write-offs and income tax cuts for high income earners — but it was poorly targeted if the intention is to create jobs and lower the unemployment rate. In his episode economists Matt Grudnoff and Alison Pennington unpack what you need to know

President Donald Trump paid just $750 in federal income tax the year he was elected and in many years paid absolutely no income tax at all – and he’s not the only millionaire to avoid paying tax altogether. So this week we’re talking tax avoidance and why it’s damaging to the community with our chief

The government has indicated it might bring forward income tax cuts in next month’s budget, but as our senior economist Matt Grudnoff explains in this episode, income tax cuts for high income earners won’t be effective at stimuluating the economic.The Australia Institute // @theausinstituteHost: Ebony Bennett, deputy director at the Australia Institute // @ebony_bennettGuests: Matt

Fight for Planet A is the newest TV series from Craig Reucassel, a three-part documentary exploring the challenges of climate change, where our energy comes from, the health effects of transport and the carbon footprint of what we eat. It offers practical solutions for people to implement at home but as Craig points out, action

In this episode we talk to Dr Richard Denniss about the role of neoliberalism in spreading Covid-19 and how decades of privatisations, outsourcing and cuts to government spending have left Australia vulnerable during this pandemic.The Australia Institute // @theAUSInstituteHost: Ebony Bennett, deputy director at the Australia Institute // @ebony_bennettGuests: Richard Dennis, chief economist at the Australia

In this, our 100th episode of Follow the Money, we celebrate with a special look back at some of our special guests, some of our favourite highlights, worst jokes and some of the interesting topics we’ve covered in the past 99 episodes. Our heartfelt thanks to all our listeners – we’re looking forward to the

One of the main goals of public health around the world has been to prevent the number of severe cases from overwhelming the hospitals and the health system. We know that severe cases of Covid require intensive care and respirators, but as a novel virus with no vaccine or treatments, clinicians are learning on the

In this second of our two-part episode on gas, we explore the flaws in the cost benefit analysis of the Santos’ Narrabri gas project in NSW and why it doesn’t stack up economically, environmentally or to create jobs, with Rod Campbell, research director at the Australia Institute.www.tai.org.auHost: Ebony Bennett, deputy director of the Australia Institute

The Morrison government has said it will increase investment in skills and training if the states and territories sign up to an overhaul of the Vocational Education and Training sector. ACTU President Michele O’Neil, Correna Haythorpe, federal president of the AEU and Alison Pennington, senior economist at the Centre for Future Work at the Australia

In this episode UN chief economist Elliott Harris talks about why it’s risky to withdraw fiscal stimulus too soon and why a clean green recovery makes sense for the long term, in conversation with Richie Merzian, director of the Australia Institute’s Climate & Energy Program. Part of the Australia Institute’s Economics of a Pandemic webinar

Julia Gillard, chair of Beyond Blue and the former Prime Minister of Australia talks about mental health, women in leadership, the importance of government and she looks back on the legacy of the carbon price implemented by her government ten years ago. Recorded live on 5 August as part of the Australia Institute’s Economics of

As the pandemic interrupted global supply chains a lot of focus has shifted back onto Australia’s domestic manufacturing capabilities and what Australia has the capacity to make and manufacture onshore and research shows we’re lagging behind. In this episode we talk about the opportunities for manufacturing and why it’s vital to the economic success of

Some economists have renewed calls to lift restrictions and simply ‘let it rip’, that is to let Covid-19 rip through the population in order to protect the economy. But are economist the right people to ask about this? In this episode we explore the limits of economics with chief economist at the Australia Institute Richard

In this episode, Richard Denniss and Matt Grudnoff, chief and senior economists at the Australia Institute unpack what you need to know about the Mini-Budget delivered by the Treasurer and answer your questions. The Australia Institute // @theausinstitute Host: Ebony Bennett, deputy director at the Australia Institute // @ebony_bennett Guests: Richard Denniss, chief economist at

The Morrison government announced it will cut the JobSeeker coronavirus supplement, which had lifted a whopping 425,000 people out of poverty. We talk to Matt Grudnoff, senior economist at the Australia Institute to understand the impact this cut will have on poverty rates, now that there are hundreds of thousands more unemployed people, as well