December 2020
Digital Giants, Market Power and Media Diversity
Australia’s news media is one of the most highly concentrated in the world. Since 2019, more than 157 newsrooms have closed in Australia and many local, community and rural newspapers have ceased printing or gone digital only. It was in this climate that in 2018 the federal government tasked the Australian Competition and Consumer Commission
August 2020
How Neoliberalism is Spreading Covid-19
In this episode we talk to Dr Richard Denniss about the role of neoliberalism in spreading Covid-19 and how decades of privatisations, outsourcing and cuts to government spending have left Australia vulnerable during this pandemic.The Australia Institute // @theAUSInstituteHost: Ebony Bennett, deputy director at the Australia Institute // @ebony_bennettGuests: Richard Dennis, chief economist at the Australia
Our 100th episode
In this, our 100th episode of Follow the Money, we celebrate with a special look back at some of our special guests, some of our favourite highlights, worst jokes and some of the interesting topics we’ve covered in the past 99 episodes. Our heartfelt thanks to all our listeners – we’re looking forward to the
The View From ICU
One of the main goals of public health around the world has been to prevent the number of severe cases from overwhelming the hospitals and the health system. We know that severe cases of Covid require intensive care and respirators, but as a novel virus with no vaccine or treatments, clinicians are learning on the
Why TAFE is critical to economic recovery
The Morrison government has said it will increase investment in skills and training if the states and territories sign up to an overhaul of the Vocational Education and Training sector. ACTU President Michele O’Neil, Correna Haythorpe, federal president of the AEU and Alison Pennington, senior economist at the Centre for Future Work at the Australia
Julia Gillard on the pandemic, mental health and beyond
Julia Gillard, chair of Beyond Blue and the former Prime Minister of Australia talks about mental health, women in leadership, the importance of government and she looks back on the legacy of the carbon price implemented by her government ten years ago. Recorded live on 5 August as part of the Australia Institute’s Economics of
July 2020
Let it rip
Some economists have renewed calls to lift restrictions and simply ‘let it rip’, that is to let Covid-19 rip through the population in order to protect the economy. But are economist the right people to ask about this? In this episode we explore the limits of economics with chief economist at the Australia Institute Richard
Unpacking the Mini-Budget: What you need to know
In this episode, Richard Denniss and Matt Grudnoff, chief and senior economists at the Australia Institute unpack what you need to know about the Mini-Budget delivered by the Treasurer and answer your questions. The Australia Institute // @theausinstitute Host: Ebony Bennett, deputy director at the Australia Institute // @ebony_bennett Guests: Richard Denniss, chief economist at
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
Treaty & Sovereignty
As part of the National Treaties Summit, this episode we bust some of the myths about Sovereignty and Treaty and the relationship between the two with Jamie Lowe, Michael Mansell and Professor Megan Davis, in conversation with the Australia Institute’s Richard Denniss. The National Treaties Summit, organised by ANTaR, the National Native Title Council, and
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 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
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 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
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
The role of artists and the arts in rescuing the economy
The Australian arts industry was one of the earliest economic casualties of Covid-19 as museums, theatres, galleries, festivals and music venues shut down to avoid a public health crisis leading to massive job losses –even as more than ever we rely on music, TV and books to help us cope with isolation.In this episode we’re
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
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