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.
July 2020
Unpacking JobSeeker
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
A bargain at twice the price
If Australia had the same labour participation rate of Nordic countries, our economy would be $60 billion larger. In today’s episode, we unpack why free childcare would not only be good for Australian women and their workforce participation, but would help grow the Australian economy too.
June 2020
The success of the Aboriginal-led health response to the pandemic
Aboriginal and Torres Strait Islander people are amongst the most vulnerable to the threat of Covid-19, but the Aboriginal-led community controlled health response has been a huge public health success. How did they do it? Host: Ebony Bennett, deputy director of the Australia Institute // @ebony_bennett Guests: Lesley Nelson, CEO of South West Aboriginal Medical Service Professor
The Reconstruction – building back better with Richard Denniss
The Australia Institute’s chief economist Richard Denniss launched The Reconstruction Memorandum, to step back and look at the big picture on how Australia can put people first and create an economic reconstruction that delivers lasting benefits as we recover from the Covid-19 recession.Visit tai.org.au for our latest pandemic economic research and analysis // @theausinstituteHost: Ebony Bennett, deputy director of
HomeBuilder and jobs for the boys
The government’s Homebuilder program is designed to help the construction sector, but construction is not labour intensive and it’s dominated by blokes, when we know women are bearing the brunt of this recession. So this week Follow The Money talks to senior economist at the Australia Institute Matt Grudnoff, who explains why we could get
The Deficit Myth with Stephanie Kelton
Anyone familiar with Australian political debate will know that while we can always afford tax cuts and defence spending, somehow we can never afford to raise Newstart, or to build social housing because we have to “live within our means” and get back to a budget surplus as soon as possible. But that’s not how
The pink collar recession
The Morrison government this week announced that from mid-July childcare would no longer be free and that childcare workers would be stripped of access to JobKeeper. Overall, during the pandemic women have seen faster job losses than men, while men are benefiting the most from government stimulus measures. To unpack this pink collar recession, Follow
Protecting workers as the Economy Re-Opens with Sally McManus
The pandemic exposed a lot of the problems with our labour market, including the risks of the rise of precarious and insecure work. Today we’re bringing you another guest from our ‘Economics of a Pandemic’ webinar series: Sally McManus, Secretary of the Australian Council of Trade Unions in conversation with Jim Stanford, economist and director
Why a public sector wage freeze would cost jobs
The proposed NSW public sector wage freeze was supposed to ease pressure on the budget, but Australia Institute research shows it would cost jobs and harm regional economies.NOTE: This episode was recorded just hours before the NSW Upper House voted down the pay freeze and the NSW Government will now take the matter to the
May 2020
Black holes and Keynesians
The government has been talking as if it understood Keynesian economics, but its reaction to the $60 billion JobKeeper black hole shows they clearly do not think or act like Keynesians. Richard Denniss unpacks the spectacular failure of policy and accountability, as well as explaining what Keynesians economics actually means.Visit tai.org.au for our latest pandemic
The role of climate action in rebuilding after the pandemic with Zali Steggall
In this episode we talk to Zali Steggall, the independent member for Warringah, about the role of climate action in rebuilding after the pandemic, with Richie Merzian the director of the Australia Institute’s Climate & Energy program. From the Australia Institute’s ‘Economics of a Pandemic’ webinar series.Visit tai.org.au for all our latest research and analysisHost:
The Australian Government response to the pandemic with Greg Hunt
Health Minister Greg Hunt in conversation with our chief economist Richard Denniss, as part of the Australia Institute’s Economics of a Pandemic webinar series. This was recorded live on Tuesday 19th May 2020 and things may have changed since recording.Note: Due to some technical difficulties, the Minister joined the webinar a few minutes late, so
The International Pandemic Response with Helen Clark
Australia and New Zealand have had a lot of success in managing this pandemic, but that has not been the case internationally and we’ve seen a range of responses from international governments. This episode is from one of our ‘Economics of a pandemic’ webinar series, featuring Helen Clark, the former Prime Minister of New Zealand
Why ‘snap back’ is a fantasy
How realistic is it to expect the economy to ‘snap back’ after restrictions are lifted? Can there be a business-led recovery? In this episode we talk to senior economist Matt Grudnoff about why snap back is nice fantasy, but won’t work in reality.Visit tai.org.au for all our latest research and analysis.Host: Ebony Bennett, deputy director
A renewably powered manufacturing sector with Ross Garnaut
Today’s episode is from one of our ‘Economics of a pandemic’ webinar series, featuring Professor Ross Garnaut, renowned economist and author of Superpower: Australia’s Low-Carbon Opportunity.Professor Garnaut was in conversation with economist and director of the Australia Institute’s Centre for Future Work, Jim Stanford, and Dan Nahum – economist at the Centre for Future Work
The public health response with Professor Peter Doherty
In this episode we’re privileged to bring you some special guests from our ‘Economics of a Pandemic webinar series: immunologist and Nobel Prize Laureate Professor Peter Doherty and our chief economist Richard Denniss talking about the public health response to Covid-19.Professor Peter Doherty was awarded the Nobel Prize in Physiology or Medicine jointly with Rolf
Working From Home: tracky dacks and keystroke surveillance
Working from home has great potential to cushion the economic blow of the pandemic: allowing many to keep working and earning an income. But there are also many challenges and risks associated with this major shift in work patterns. So to unpack the implications of everything from Orwellian surveillance programs to the joys of working
April 2020
Inequality in a Pandemic with Professor Joseph Stiglitz Nobel Laureate economist
To discuss Inequality in a Pandemic, The Australia Institute is privileged to bring you some very special guests from our ‘Economics of a Pandemic webinar series: Nobel Prize laureate economist Professor Joseph Stiglitz, ALP National President Wayne Swan and our chief economist Dr Richard Denniss.Part of the Australia Institute’s ‘Economics of a Pandemic’ webinar series.
After the Crisis with Jim Chalmers
It’s not too early to start thinking about how we rebuild the economy after the crisis. Hear Shadow Treasurer Jim Chalmers discuss why ‘snapback’ just won’t cut it, as part of the Australia Institute’s ‘Economics of a Pandemic’ webinar series. Recorded live on Wednesday 29 April 2020.Jim Chalmers’ Guardian article is here.Language warning – an
What does a good economic recovery package look like?
The Prime Minister has said the economic recovery won’t be ‘business as usual’ but so far the corporate sector’s wish list is indistinguishable from ‘business as usual’. But how can we judge whether or not a proposal like company tax cuts stacks up? How do we know if it will have a better or worse
Covid-19: Media in crisis
The Australian media industry, particularly journalism, was already going through a major disruption before the pandemic hit. At least 51 news media outlets and newsrooms have closed since the beginning of the coronavirus crisis in Australia, according the The Guardian.This episode features a discussion about the crisis facing the media between Kim Williams, Chair of
What is your life really worth?
It’s early days, but it looks like the measures Australia has taken to stop the spread of Covid-19 appear to be working. But not everyone sees it that way. Many commentators and economists think that the restrictions we’ve put in place go ‘too far’. So we asked chief economist at the Australia Institute, Richard Denniss,
March 2020
Unpacking the Jobkeeper wage subsidy scheme
The Morrison government performed an enormous and welcome backflip, announcing a $130 billion Jobseeker package to support workers, through their employer, with a $1500/fortnight wage subsidy. Richard Denniss, chief economist at the Australia Institute unpacks the details with us.Host: Ebony Bennett, Deputy Director at The Australia Institute // @ebony_bennettContributors: Richard Denniss, chief economist at the
What the hell is happening to the economy?
What does a global pandemic do to the economy? Richard Denniss explains why the government is shutting down whole sections of the economy and unpacks the government’s economic survival package.Host: Ebony Bennett, Deputy Director at The Australia Institute // @ebony_bennettContributors: Richard Denniss, chief economist at the Australia Institute // @RDNS_TAIThis episode was produced by Jennifer
December 2019
The People vs Tech
There is a growing awareness globally that unregulated technological development is not delivering on its promise to transform the world for the better. The Australia Institute launched the Centre for Responsible Technology, a new non-partisan centre designed to give people greater influence over the way technology is rapidly changing our world, on Wednesday 20 November 2019.
September 2019
See What You Made Me Do With Jess Hill
A new book, “See What you Made Me Do” by Walkley-award winning investigative journalist Jess Hill looks at the national emergency that is domestic violence or what Jess now calls domestic abuse. Trigger warning: some of the content we are going to discuss and the clips of various government anti-violence campaigns may be upsetting for
June 2019
How Good Is The Economy?
Two months ago, the Treasurer delivered a budget with rosy economic figures – what the hell happened? Host: Ebony Bennett, Deputy Director at The Australia Institute // @ebony_bennett Contributors: Richard Denniss, chief economist at the Australia Institute // @RDNS_TAI Matt Grudnoff, senior economist at the Australia Institute // @MattGrudnoff Producer: Jennifer Macey // @jennifermacey // Additional editing by Lizzie Jack. Title Track: Jonathan
April 2019
The Wages Crisis
Why is Australia in the midst of a wages crisis? In this episode, Follow the Money explains how we got here. Host: Ebony Bennett, Deputy Director at The Australia Institute // @ebony_bennett Contributors: Jim Stanford, economist and director of the Centre for Future Work // @jimbostanford Troy Henderson, economist at the Centre for Future Work // @troychenderson Producer: Jennifer Macey // @jennifermacey // Additional
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