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.
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
Unpacking The 2019 Federal Budget
In this episode, Follow the Money unpacks everything you need to know about the federal budget. Producer: Jennifer Macey // @jennifermacey 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 Troy Henderson, economist, Centre for Future Work // @TroyCHenderson
February 2019
What The Hell Is Dividend Imputation?
What the hell is dividend imputation and why is everyone talking about franking credits? In this episode, Follow the Money explains how it all works. 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
December 2018
Dead Right With Richard Denniss
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 his Quarterly Essay, Dead Right, Richard Denniss talks about how neoliberalism ate itself,
Wrong Way Book Launch With Doug Cameron
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. Launching the book Wrong Way, Senator Doug Cameron talks about privatisation and how some
10 Year Anniversary Of The Stimulus Package With Wayne Swan Tanya Plibersek And Jim Chalmers
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. Ten years after the global financial crisis, Wayne Swan, Tanya Plibersek and Jim Chalmers
Bob Brown And Clare Rewcastle Brown, Environmentalist Of The Year
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. Investigative journalist Clare Rewcastle Brown wanted logging in Sarawak to stop. The Malaysian Prime
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
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?
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
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
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
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
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
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
May 2016
The Pea & Thimble Trick
In episode 6, we tackle the perennial favourite of politicians in an election year – income tax cuts. Do personal income tax cuts really lead to economic growth and job creation? Does more money in the wallet increase incentives and make people work harder? We put those claims to the test. Contributors: Richard Denniss – @RDNS_TAI
April 2016
Cui Bono
The Australia Institute’s podcast series, Follow the Money, this week takes on Company Tax. What is it? How much does it raise? Who pays it? Who is saying that we should cut it, and ‘cui bono’ – who benefits? Contributors: Richard Denniss – @RDNS_TAI Dave Richardson – not on twitter! Ebony Bennett – @ebony_bennett Produced by Jennifer
March 2016
Econobabble
Episode four of Follow The Money is a special edition – In conversation with Richard Denniss about the subject and title of his new book: Econobabble. So what is econobabble? Ebony Bennett talks to Richard Denniss about why we shouldn’t be afraid of upsetting ‘the markets’ and how you can call commentators on their bullsh*t.
Double Negative
Episode three of The Australia Institute’s exciting new podcast series Follow The Money looks at Negative Gearing. You can subscribe to Follow The Money on iTunes. Contributors: Matt Grudnoff @MattGrudnoff Cameron Amos @CamAmos_ Frank Keany @FJKeany Find us on Twitter/Facebook. More on Negative Gearing – recent papers from The Australia Institute: Top Gears: How negative gearing and the capital gains tax
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