Dollars & Sense
Dollars & Sense demystifies the latest economic figures, how they impact you and what they can tell us about the economy, with host Greg Jericho, Chief Economist at the Australia Institute and the Centre for Future Work, and author of Guardian Australia’s Grogonomics column.
November 2024
Making America pay
Trump says he’s going to make other countries pay with a sweeping new tariff regime – but in reality, everyone will lose.
Small change for Big Cash
The government locks-in cash for essentials, plus Elinor dreams of a mortgage and Greg contemplates the passage of time.
All I want for Christmas…
…is an interest rate cut, says Greg Jericho.
Less for more: Australia’s dud private health insurance system
Private health insurance is getting more expensive and covering less – it’s time for a major rethink, says Greg Jericho.
October 2024
The free market: no problems, ever!
From the number of retirees experiencing poverty to the lack of competition in the banking system, the state of Australia’s economy leaves a lot to be desired, says Greg Jericho.
The misery business: why economists should cheer up about low unemployment
Record numbers of Australians are employed – that’s a great thing, despite what the interest rate doomers are telling you, says Greg Jericho.
You’re gonna be the one that saves me: Albo’s dynamic pricing crackdown
Consumers are finding themselves caught beneath the landslide of hidden fees, surcharges and corporate price gouging, says Greg Jericho.
Are you feeling NATURE POSITIVE?!
Corporate spin and complex markets distract from real solutions to Australia’s climate and biodiversity crisis, says Greg Jericho.
The government’s coal approvals could make the housing crisis worse
By choosing to extend three coal mines, the government could be inadvertently redirecting construction workers from building houses to the fossil fuel industry.
September 2024
Is the government gearing up for a housing change?
Despite claims that it’d lead to some sort of housing armageddon, reforming negative gearing and the capital gains tax concessions would make the system fairer, says Greg Jericho.
Profits over people
Big business says wants a more productive economy, but its complaints about industrial relations are really about its profit margins, says Matt Grudnoff.
House prices aren’t just cooked, they’re deep fried
Australia’s housing market is cooked and capping international student numbers isn’t going to fix it, says Greg Jericho.
A putrid set of numbers
Australia’s “pathetic” growth figures show that the Reserve Bank went too hard with interest rate increases, says Greg Jericho.
August 2024
Cashing in on a crisis
Super profits have driven up inflation, robbing all but the wealthiest Australians, says Greg Jericho.
Pour one out for the big four banks
Australia’s big banks are among the most profitable in the world, so forcing them to compete is essential, says Greg Jericho.
Australians hate gambling ads, so why is the government tiptoeing around a ban?
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.
Rate expectations: will Australians get a rate cut for Christmas?
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.
Another airline is grounded – should the government buy it?
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.
July 2024
Imports are for LOSERS! Trump’s ‘America first’ economics
Major Australian industries are vulnerable to the impacts of another US-China trade war, says Greg Jericho.
What would Trump 2.0 mean for the global economy?
The prospect of tariff hikes and higher inflation in a second Trump term has economic policymakers nervous, says Greg Jericho.
Australia wastes billions making housing more expensive
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.
Supermarxist? Dutton and the duopoly
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.
June 2024
A nuclear nothingburger
The faux-debate over nuclear energy is a distraction from the main game – reducing our emissions to address the climate crisis, says Greg Jericho.
The narrow path
At a time of major uncertainty in the economy, Reserve Bank Governor Michele Bullock’s honesty is refreshing, says Greg Jericho.
Pick your poison
The government is trying to strike a delicate balance in the economy, getting inflation down without sending the country into recession, says Greg Jericho.
Why our GDP is going nowhere
Near-zero economic growth is a good sign of how bad things are, says Greg Jericho.
May 2024
Walking the inflation tightrope
Inflation isn’t falling as fast as most economists want, but a rate rise now would do more harm than good, says Greg Jericho.
Poverty is a policy choice
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 discusses inequality, poverty, and government
The budget and why your wages are lagging 14 years behind
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.
We. Do. Not. Need. A. Recession.
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.
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