March 2024
A Bad Case of Gas
The gas industry likes to tell us it’s vital to the Australian economy. But when people are paying more in GST for Taylor Swift merch than many companies are paying in company income tax per year, and the government collects more from HECS than the PRRT, you know something is seriously wrong. Greg Jericho is
February 2024
The Push to Stop Pork Barrelling
Independent MP Helen Haines has introduced a bill to Parliament designed to prevent pork-barreling, where taxpayer money is allocated according to where it is needed to win votes, not where the public needs it most. This was recorded on Tuesday 27th February 2024 and things may have changed since recording. australiainstitute.org.au // @theausinstitute Guest: Bill Browne,
Wages are up! And, why non-compete clauses are bad for the economy
Wages are up over the past year, for the first time since 2021! Which means your real wage has increased as well, but by a small amount. Also this week, the Bureau of Statistics looked at restraint clauses, or non-compete clauses. So what do they mean for workers, and the economy as a whole? Lower
How John Howard Ruined Housing
The Right to Disconnect is attracting criticism from business groups and others, saying it will reduce productivity. Well, it won’t. And do they mean productivity, or profits? Also, how negative gearing and the capital gains tax discount delivered massive tax breaks to the rich at the expense of affordable housing for the rest of Australia.
The Right to Disconnect
Federal Parliament is set to pass new industrial relations laws, including the ‘right to disconnect.’ This means that workers will legally be able to ignore calls outside of work hours. This was recorded on Tuesday 13th February 2024 and things may have changed since recording. australiainstitute.org.au // @theausinstitute Guest: Dr Jim Stanford, Director, the Centre for
The Great Gas Rort: Fixing the Petroleum Resources Rent Tax
Every year, the Commonwealth collects more revenue from HECS than it gets from the Petroleum Resource Rent Tax. The PRRT is so weak that gas companies love it! Mark Ogge explains the Government’s proposed changes, and how we can fix it to tax our gas companies fairly. This was recorded on Tuesday 6th February 2024
Inflation seems to be under control…what now?
The latest CPI figures show inflation has fallen, hopefully putting an end to interest rate rises for the moment. But does that mean the economy is healthy now, or is there more to it? Greg Jericho is Chief Economist at the Australia Institute and the Centre for Future Work and popular columnist of Grogonomics with
Stage 3 Tax Cuts reform: “The biggest and most honest piece of tax reform in decades”
It’s been a week for the books in Australian Politics history, with Prime Minister Anthony Albanese announcing changes to the highly-criticised Stage 3 tax cuts. Which got the media, and the opposition, into a bit of a frenzy. So what’s changed, and how will it affect you? This was recorded on Tuesday 30th January 2024
January 2024
Stage 3 tax cuts are Dead, Long Live (the Improved) Stage 3 tax cuts
The (old) Stage 3 tax cuts are dead. Long live the (revised and much improved) Stage 3 tax cuts. Some may cry ‘broken promises’ but it’s a bit hard to make an impact with that argument when the broken promise gives most people more money in their pocket. Greg Jericho is Chief Economist at the
The War On Waste with Craig Reucassel | Summer Series
Our summer podcast series brings you some of the best conversations from our webinars and live events in 2023. 7 years ago, The ABC’s groundbreaking environmental series War On Waste firmly placed the nation’s attention on Australia’s waste issues and solutions. The new season investigated recycling in Australia, brought to light new waste topics, challenged
Aussies Love a Bargain – What Retail Figures Show
Today Greg’s taking a look at retail figures over the past month, and what they say about our spending habits. Also, how much stuff from the 1980s could you buy today? Greg Jericho is Chief Economist at the Australia Institute and the Centre for Future Work and popular columnist of Grogonomics with Guardian Australia. In
Global Financial Crisis 15 Years On: What Have We Learned? with Wayne Swan | Summer Series
Our summer podcast series brings you some of the best conversations from our webinars and live events in 2023. On 15 September 2008 came the collapse of Lehmann Brothers, the largest bankruptcy in US history. This set off a chain reaction and had a massive impact on the Australia financial system and economy. Across the
Ending Native Forest Logging with Bob Brown | Summer Series
Our summer podcast series brings you some of the best conversations from our webinars and live events in 2023. Australia’s native forests are not only home to some of our most vulnerable and threatened species, they hold critical cultural and ecological value. While native forest logging is being phased out in Western Australia and Victoria,
Isabella Weber: The Economics and Politics of Seller’s Inflation | Summer Series
Our summer podcast series brings you some of the best conversations from our webinars and live events in 2023. What if we’re thinking about inflation wrong? Join renowned economist Isabella Weber, Associate Professor of Economics at the University of Massachusetts Amherst for a discussion about the economics and politics of seller’s inflation. This was recorded
December 2023
Profits v Wages, what’s driving inflation? – Rerun | Summer Series
Our summer podcast series brings you some of the best conversations from our webinars and live events in 2023. This episode, we’re listening back to one of our most popular episodes from the year with our Executive Director Richard Denniss, digging into the cycle of corporate profits, inflation, and low wages. This was recorded on
The Great Divide: Australia’s Housing Mess and How to Fix It | Summer Series
Our summer podcast series brings you some of the best conversations from our webinars and live events in 2023. One of the great mysteries of Australian life is that a land of sweeping plains, with one of the lowest population densities on the planet, has a shortage of land for houses. As a result, Sydney’s
A Penny-Pinching Christmas – 2023 Wrap-Up
2023 was a big year in economics, with inflation and the cost of living crisis dominating the headlines. Greg is taking a look back at the year, and how the economy shaped our lives in 2023. Greg Jericho is Chief Economist at the Australia Institute and the Centre for Future Work and popular columnist of
Australia cares too much about Budget surplus
The Government has released the MYEFO, or Mid-Year Economic and Fiscal Outlook, or as we call it, Easter for economists. It’s projecting a very small deficit of around $1 billion. But does that really matter? Greg Jericho is Chief Economist at the Australia Institute and the Centre for Future Work and popular columnist of Grogonomics
GDP figures are out, and it’s not good
GDP figures out this week show that while Australia is clinging to slight economic growth, under the surface a recession is already being seen. Greg Jericho is Chief Economist at the Australia Institute and the Centre for Future Work and popular columnist of Grogonomics with Guardian Australia. In Dollars & Sense, each week, Greg Jericho
‘Thylacine of the Sea’ vs. the Salmon Industry
The Maugean skate, native to Macquarie Harbour, is running out of time. It’s facing extinction, due in large part to the Tasmanian salmon industry. This was recorded on Monday 4th December 2023 and things may have changed since recording. australiainstitute.org.au // @theausinstitute Guest: Eloise Carr, Senior Fellow and Contributing Editor, the Australia Institute // @GeneveraE Host:
November 2023
Reserve Bank Governor says…go to the dentist less?!
Last week Reserve Bank Governor Michele Bullock told us to think twice about going to the dentist or the hairdresser, lest we contribute to inflation. Greg explains why, frankly, this is a load of Bullock. Greg Jericho is Chief Economist at the Australia Institute and the Centre for Future Work and popular columnist of Grogonomics
Clive Palmer of…Singapore?
Clive Palmer, one of Australia’s richest men, is suing Australia for $41.3bn, claiming it breached the ASEAN free trade agreement in relation to coal exploration permits. But he’s doing so…as a foreign investor? Stephen Long explains how Clive Palmer’s controversial legal strategies challenge Australia’s trade agreements and environmental laws. Stephen Long is a Senior Fellow
The Economy’s Growing, but Households are Poorer
Economic data can tell us a lot about what’s happening in the economy and society, but it’s easy to get lost in data. Introducing the Australia Institute’s brand new podcast, Dollars & Sense, with Greg Jericho, Chief Economist at the Australia Institute and the Centre for Future Work and popular columnist of Grogonomics with Guardian
International Charm Offensive
In a less than ideal week for the government, Prime Minister Anthony Albanese has copped some criticism for how much overseas travel he’s been doing. Most PMs have been subject to criticism for travelling, so how seriously should we take it this time? This was recorded on Tuesday 21st November 2023 and things may have
Introducing Dollars & Sense with Greg Jericho
Economic data can tell us a lot about what’s happening in society and the economy. Welcome to the Autralia Institute’s brand new podcast, Dollars & Sense, with Greg Jericho, Chief Economist at the Australia Institute and the Centre for Future Work and popular columnist of Grogonomics with Guardian Australia. In Dollars & Sense, each week,
How to Investigate Research Misconduct
Australia is one of the few countries with a developed research sector that does not have a research integrity watchdog, instead relying on research institutions to initiate and oversee investigations into their own researchers. This was recorded on Wednesday 15th November 2023 and things may have changed since recording. The Australia Institute // @theausinstitute Guest:
October 2023
Is Consultant a ‘Profession?’
As the Senate Inquiry into the management and assurance of integrity by consulting services continues, Labor senator Deb O’Neill and Greens senator Barbara Pocock have been applying the pressure to consulting firms in the hotseat. This was recorded on Wednesday 4th October 2023 and things may have changed since recording. The Australia Institute // @theausinstitute
September 2023
The Special (Economic) Relationship: Australia and the US
The Australia-America economic relationship is one of the world’s most consequential, worth over $2 trillion, yet few understand its depth and scale. This was recorded on Thursday 3rd August 2023 and things may have changed since recording. The Australia Institute // @theausinstitute Guest: Joey Herlihy, Research Intern, International & Security Affairs program, the Australia Institute
Dead in the Water
A new deal to save the Murray-Darling basin has been brokered by Federal Environment Minister Tanya Plibersek, following another mass fish kill, and a survey finding not a single adult Murray Cod in the Lower Darling-Bakka. This was recorded on Tuesday 5th September 2023 and things may have changed since recording. The Australia Institute //
August 2023
An Eventful Trip to Fiji
The Labor Government has been campaigning for Australia to host COP31, the UN climate conference, in partnership with a Pacific Island nation. But Pacific Islanders have several concerns, mainly due to Australia’s track record with new fossil fuels, and lacklustre climate policy. This was recorded on Wednesday 30th August 2023 and things may have changed
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