Follow the Money // Economics
The Australia Institute’s Follow the Money podcast explains Australia’s big economic issues in plain English. We bust myths, dissect politics, interpret econobabble and help you sound really smart at your next dinner party, with host Ebony Bennett.
26 Years Later
The Parliaments of the Northern Territory and the Australian Capital Territory have been banned from legislating voluntary assisted dying laws, but the new government and members of the new Parliament are seeking to restore Territory Rights as a matter of priority. This was recorded on Tuesday 5th July 2022 and things may have changed since
June 2022
Phasing out Fossil Fuels with Adam Bandt [webinar]
Australia cannot solve the climate crisis while we keep opening new gas fields and coal mines. In this episode we’re listening back to our webinar with Greens Leader Adam Bandt MP for a discussion about how Australia can rapidly transition to a clean energy economy and move beyond fossil fuels. This was recorded on Thursday
May 2022
How do Nordic countries make housing affordable?
Australia’s housing affordability crisis results from over- reliance on just two options – private home ownership and private renting. To tackle it, a wider repertoire of policies is required. Nordic nations’ widespread provision of public housing and housing co-operatives, priority for homes to live in rather than invest in, and effective reduction of homelessness, show
April 2022
Aged Care: A System of Neglect
It’s not that long since the Royal Commission into aged care quality and safety handed down its findings Describing Australia’s aged care system as a shocking tale of neglect that needs a complete overhaul and not mere patching up. This is the third episode of a special series we are doing with our chief economist
Unpacking the 2022 Federal Budget
This week on Follow the Money we’re unpacking the 2022 Federal Budget. Who are the winners and losers, and what does it all mean with an election looming? Recorded live on 31st March 2022 and things may have changed since recording. The Australia Institute // @theausinstitute Host: Ebony Bennett, Deputy Director, Australia Institute // @ebony_bennett
March 2022
Are fossil fuel subsidies ending or accelerating?
Australia has committed to reach net zero emissions by 2050. The United Nations Secretary General has said that it’s time to end fossil fuel subsidies, so are fossil fuel subsidies in Australia ending or accelerating? The Australia Institute has crunched the numbers. This episode was recorded on Tuesday 29 March 2022, prior to the federal
A budget for buying votes or backing workers? [webinar]
Today we bring you another conversation from the Australia Institute’s webinar series. The Coalition Government’s ninth Federal Budget on 29 March will be an election Budget. Against the backdrop of a cost of living crisis, ACTU President Michele O’Neil looks beneath the likely hype to talk about what will really matter for workers. This was
February 2022
What’s going to be in the Budget?
The budget is come soon and, because it’s an election year, income tax cuts are squarely on the agenda. In today’s episode we ask, who really benefits from the government’s legislated tax cuts? New research from the Australia Institute suggests anyone earning under $90k could be worse off. Recorded live on 22 February 2022 and
Australia could be a sustainable Electric Vehicle Manufacturing Powerhouse
Rebuilding Vehicle Manufacturing in Australia
December 2021
Is your Super Fund invested in nuclear weapons?
New research reveals most major Australian superannuation funds have holdings in nuclear weapons companies
Skewed: How grants with ministerial discretion are biased towards Coalition seats
Grants with ministerial discretion skew towards Coalition seats
October 2021
Talk isn’t cheap
The Commonwealth Government spends over $1billion of public money annually on consultancies, but the advice and reports created by these consultancies is often kept secret from the public.
Junk Carbon Credits
Today’s episode examines carbon offsets, in other words, the credits companies can buy to offset their emissions. The Australia Institute, together with the Australian Conservation Foundation did a bit of digging into Australia’s offsets system and found some alarming things. Recorded live on 5 October 2021 The Australia Institute // @theausinstitute Host: Ebony Bennett, Deputy
September 2021
An Avoidable Catastrophe: Pandemic Job Losses in Higher Education
Australia’s universities were uniquely impacted by the COVID-19 pandemic and recession. Now, 18 months after the borders were first closed, things are getting worse for universities, not better.
Test, Trace, Isolate and Quarantine
The Doherty Modelling makes clear that without a highly functioning Test, Trace, Isolate and Quarantine (TTIQ) system we have no chance of stopping Australia’s ICUs from being overwhelmed; the problem is the effectiveness of TTIQ declines as case numbers rise and that has not factored into the modelling.
August 2021
The Wealth Explosion
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?
Not all taxes are created equal
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
July 2021
Going to hell in a handbasket
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
June 2021
The Ute-led recovery
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
May 2021
Unpacking the federal budget 2021
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,
What costs Australians almost $20,000 every minute?
Exactly how much do governments hand out to fossil fuel companies every year?
April 2021
Why we should pause approvals of new coal mines
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,
March 2021
What women want
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
The gender pay gulf
Australian women bore the brunt of the recession, but how are they faring economically now? In short: not great.
January 2021
Summer special: How Childcare Reforms Could Help Power the Economic Recovery with Jay Weatherill and Kate Carnell
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
Summer special: The crisis in Aged Care with Ged Kearney
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
December 2020
An unprecedented year: reflecting on 2020 with Richard Denniss
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
October 2020
The Most Secretive Budget Ever
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
What you need to know about the federal budget
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
Tax avoidance and why we can’t have nice things
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
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