Follow the Money
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.
December 2018
Professor Joseph Stiglitz Winner Of Sydney Peace Prize 2018
Welcome to Follow The Money’s summer special series! If you’re taking a break this summer, but still crave a political fix, settle in a listen to the ‘best of’ from the Australia Institute’s live politics in the pub events this year. In this episode you will hear from Nobel laureate economist and winner of the
Yes, Yes, Yes With Alex Greenwich MP, Dr Shirleen Robinson & Senator Sarah Hanson Young
Welcome to Follow The Money’s summer special series! If you’re taking a break this summer, but still crave a political fix, settle in a listen to the ‘best of’ from the Australia Institute’s live politics in the pub events this year. In this second episode of our summer series and one year on from the
2018 Political Wrap With Amy Remeikis Rob Harris Annika Smethurst And Bevan Shields
Welcome to Follow The Money’s summer special series! If you’re taking a break this summer, but still crave a political fix, settle in a listen to the ‘best of’ from the Australia Institute’s live politics in the pub events this year. First up, the end-of-year political wrap with press gallery journos Amy Remeikis, Rob Harris,
Big Sticks, Batteries And Bills
As 2018 draws to a close, Australia’s climate and energy policy remains almost entirely unresolved. While the government under Scott Morrison has a Minister for bringing down energy prices, it really has no clear plans to reduce emissions and has flagged plans to underwrite new coal-fired power. Meanwhile Opposition Leader Bill Shorten has announced Labor’s
November 2018
Will Australia Meet Its Paris Commitment?
Prime Minister Scott Morrison has repeatedly claimed Australia will meet its Paris commitment to reduce greenhouse gas emissions by 26-28% below 2005 levels by 2030 ‘in a canter’, but is this true? As we approach the next United Nations climate negotiations in the Polish town of Katowice, the Institute’s director of Climate & Energy Richie
October 2018
Could The Global Financial Crisis Happen Again?
Ten years ago, on September 15th 2008 the US investment bank – Lehman brothers collapsed – triggering panic on financial markets around the world and the start of what we in Australia call the Global Financial crisis. So what lessons were learnt? How appropriate was Australia’s response? What is the political legacy of the GFC?
September 2018
Climate Of The Nation With Dr John Hewson
In this episode, Ben Oquist talks to John Hewson — former Liberal leader, Professor at the ANU Crawford School of Public Policy and former member for Wentworth — about climate change and Liberal party politics and Dr Hewson did not hold back. This episode is an excerpt of our Politics in the Pub event in
What’s Wrong With Politics & How To Fix It
In this episode, Michelle Grattan joins Ben Oquist to discuss what’s wrong with politics and how to fix it. This discussion, ranging from our current ‘coup culture’ to Julia Banks’ resignation, was recorded at our Politics in the Pub event in Canberra. Host: Ebony Bennett, Deputy Director at The Australia Institute // @ebony_bennett Contributors: Michelle Grattan,
June 2018
Dead Right – How Neoliberalism Ate Itself And What Comes Next
Why, after 27 years of economic growth and a mining boom, how can Australia be too broke to afford high quality rape crisis services, or to increase Newstart above the poverty line? Today you’ll hear the Australia Institute’s Chief Economist Richard Denniss at the official launch of his June Quarterly Essay – Dead Right: how
May 2018
2018 Budget Wrap
“the vast majority of the money being handed out is going to go to high income earners…” The Australia Institute was in the 2018 Budget Lockup, and subsequently have gone through the budget papers. Listen to two top economists break it down and give you the straight facts in a way that you won’t hear
Pocket Money: 14 Reasons Why The Case For A Company Tax Cut Has Collapsed
In a special “Pocket Money” episode of Follow the Money, released on the eve of the Budget, we discuss the 14 reasons why the case for the company tax cuts collapsed. See below for all the ways you can find our Budget analysis. Our original episode discussing the company tax cuts can be found here.
January 2018
Gas And Coal Watch
“Burning something to boil water to create steam is a really old-fashioned technology…” The Australia Institute has spent the hot summer days monitoring when gas and coal power plants trip, taking sometimes hundreds of megawatts of power from the grid at unpredictable times. In contrast, solar power is taking pressure of the grid by delaying
December 2017
Curing Affluenza – How To Buy Less Stuff And Save The World
“Affluenza is that strange desire we feel to spend money we don’t have to buy things we don’t need to impress people we don’t know . . .” A truly modern affliction, affluenza is endemic in Western societies, encouraged by those who profit from a culture of exploitation and waste. So how do we cure
September 2017
I’m Here For An Argument – Why Bipartisanship On Security Makes Australia Less Safe
North Korean missile tests, resolving the South China Sea issues, ethnic cleansing in Myanmar – there is a lot happening in the defence and security policy space right, but are we engaged enough to tackle these problems in a smart way? Dr Andrew Carr of the Strategic and Defence Studies Centre at the ANU has
The Global Financial Crisis Ten Years On
Next year marks the 10th anniversary of the Global Financial Crisis. In 2008 the banks in Australia wobbled, the economy stalled, unemployment rose and the Government acted. The GFC demonstrated a failure of trickle-down economics. Ten years later, with rising populism, it is clearer now more than ever that we need a replacement to the neo-liberal economic
August 2017
Grandfathering The Australian Dream
Australia’s young people have been unfairly targeted by policies that have loaded them up with uni debts, locked them out of housing market and crippled them on the ‘flexible’ job front, and any changes that might address this imbalance are ‘grandfathered’ in so that they don’t affect anyone who is presently in a position of
July 2017
Why A Bank Levy Is A Great Idea
The South Australian state government announced in late June 2017 that it was going to follow the Federal government and introduce a levy on the big banks. Episode 19 of Follow The Money, explains why the banks can absolutely afford the levy, why it’s a good idea economically and just how small the levy really
May 2017
Pocket Money: Budget 2017
Tonight, as the Treasurer rose to give his Budget address in the house, our Deputy Director Ebony Bennett grabbed our Chief Economist Richard Denniss and Senior economist Matt Grudnoff for a chat about the Budget, straight after they emerged from the Budget lockup. Thi podcast isn’t a comprehensive discussion of the Budget, but we tried
A House A House A Kingdom For A House
Housing Affordability is not only a massive policy failure, but is increasingly vying for the gold medal for the most spin and econobabble in Australian politics. Episode 18 of Follow The Money, takes on the vexed issue and tackles the latest bad idea that won’t help housing affordability – raiding your super to pay for a
April 2017
Unpacking The Energy Debate
In episode 17 of Follow The Money, we tackle the current energy debate, including the South Australian blackouts, the war on renewables, what Christmas prawns have to do with baseload power and why the way we heat hot water offends our Chief Economist Richard Denniss. Host: Deputy Director Ebony Bennett // @ebony_bennett Contributors: Chief Economist Richard
February 2017
Conservatives And Climate Change With Bob Inglis
Follow The Money this week features former Republican Congressman for South Carolina, Bob Inglis on his Australian tour, hosted by The Australia Institute. Bob Inglis is a very rare bird indeed. He’s a real conservative – Christian, Southern, ‘small-government’, you name it. But his greatest passion is tackling climate change. You heard right! Inglis has
January 2017
SUMMER SPECIAL Sam Dastyari
Follow The Money summer specials continue with an absolute pearler from the first Politics in the Pub last year (2016) featuring charasmatic, controversial Senator, Sam Dastyari. Richard Denniss described it as ‘the best Politics in the Pub speach yet.’ Senatory Dastyari opened with the omission that he was ‘A product of the Labor machine’. And
SUMMER SPECIAL President Tong
Welcome to our third Follow The Money summer special! It’s still probably scorching hot if you’re somewhere in Australia, but it’s even hotter in Kiribati. This weeks special features the ‘Hero of the Pacific’, President Anote Tong. President Tong visited Australia as a guest of The Australia Institute ahead of the Paris Climate meeting. He
December 2016
SUMMER SPECIAL Econobabble
Welcome to our second Follow The Money summer special! If you’re taking a break this summer, but still craving a political fix – we are here to help. Over the summer we’ll bring you the highlights from The Australia Institute’s popular Politics in the Pub live sessions from 2016. In this episode you’ll hear a discussion from
SUMMER SPECIAL 2016 Political Wrap
Welcome to our first Follow The Money summer special! If you’re taking a break this summer, but still craving a political fix – we are here to help. Over the summer we’ll bring you the highlights from The Australia Institute’s popular Politics in the Publive sessions from 2016. In this episode you’ll hear our 2016 political
Pocket Money: The Adani Coal Mine
In a special mini-episode we’ve dubbed “Pocket Money” we take a look at the recent developments with Adani’s Carmichael coal mine in Queensland’s Galilee Basin. It’s a straight discussion, without our usual bells and whistles so that we could respond quickly and if you like it, we’ll probably do more of these Pocket Money episodes
What Does The ABCC Have To Do With House Prices?
House prices – what is to blame? Our economists look at the claim from the Prime Minister that the ABCC was needed to stop ‘union thugs’ pushing up house prices. They also look at the tax breaks for investors. No prizes for guessing what the evidence shows is actually effecting house prices. Contributors: Jim Stanford
November 2016
Nuclear Dumps
How much is a hole in the ground worth? Australia has considered building a nuclear waste dump many times over the decades. Each time, the proposal has fallen through. This time, in South Australia, proponents are making $100 billion dollar claims. Richard and Rod take a look at those claims and the economics of building
Economic Models
Economic models are like a lot of things in life: What you get out of them depends on what you put in. But therein lies the problem. When reporting focuses on the ‘findings’ without looking at what assumptions underpin politically influential economic models, it leaves us vulnerable to what Richard calls the ‘peak-stupid of econobabble’.
October 2016
Interest Rates
Interest rates may be one of the most discussed and least understood area of economics in Australia. Our Chief Economist and Senior Economist discuss the whats and whys of Reserve Bank policy and how interest rates really effect people and the broader economy. Contributors: Richard Denniss – @RDNS_TAI Matt Grudnoff – @MattGrudnoff Ebony Bennett – @ebony_bennett. Produced by
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