March 2025
Australia’s sick housing joke
Looking to buy a house? Having a good job that pays good money probably won’t be enough.
Housing affordability crisis – Saving for a deposit forever
The dream of saving for a deposit on a house is now so far beyond most poeple that even if you have a high paying job, you still can never save enough.
One million Australians are now working 2 or more jobs
In the last three months of 2024 a record number of Australians were working multiple jobs
Australia’s economy has turned a corner. America’s is heading off a cliff.
Australia’s per capita recession is over, but the United States economy could be in for much worse.
February 2025
Australia’s surplus obsession (and why it needs to end)
The Government is being grilled by the media about how it will pay for its changed to Medicare – but why are journalists not asking the same questions of Australia’s expensive and unfair tax concessions?
A soft landing? What the rate cut means for the Australian economy
The Reserve Bank has cut interest rates for the first time since November 2020 – so is the Australian economy out of the woods?
You get a tariff. YOU get a tariff!
And some of you get annexed (maybe).
Housing affordability is on a very dangerous path
If housing affordability keeps going the way it has over the past 20 years, an average house in Sydney will be worth 24 years of an average salary.
January 2025
The circular economy of bad ideas
Slashing public service jobs won’t make government more efficient.
As inflation falls, the Reserve Bank is Missing in Action
With inflation within the RBA’s target range, interest rates should be cut, but unfortunately Australians will have to wait for the Reserve Bank board to get back from holidays.
The not-so-super tax concessions
Superannuation tax concessions benefit the richest Australians most – so why is the government finding it so hard to make modest changes to the system?
The Election at the End of the World
In the wake of the catastrophic LA fires, how do the Australian major parties shape up on climate policy?
Okay, it’s not ALL Greg’s fault
Just some things.
More evidence that inflation is under control – but where is the RBA?
Inflation is under control and the economy is barely staying out of recession. But the Reserve Bank has decided to take more than 2 months off before deciding if a rate cut is needed.
December 2024
It’s all Greg’s fault
We answer your burning questions about the economy in the final episode of 2024.
Let’s celebrate the new normal of unemployment below 4%
Those arguing that Australia cannot sustain unemployment below 4.5% without rising prices and wages have been found to be completely wrong. And it is time they admitted it.
The economy is people
Immigration and public spending are barely keeping Australia out of a recession.
Sorry BCA – the data shows businesses like investing in Victoria
Despite what the Business Council of Australia would wish you to believe, Victoria is one of the most popular places to invest in Australia.
Sorry media, neither Victoria’s budget nor its economy is in bad shape
Victoria’s budget and economy are actually doing well – both the state’s public net worth and overall economy recovered solidly from the pandemic.
November 2024
Making America pay
Trump says he’s going to make other countries pay with a sweeping new tariff regime – but in reality, everyone will lose.
The latest figures show governments can (and should) reduce inflation
Electricity rebates have demonstrated that leaving the fight against inflation should not be just left to the Reserve Bank
Small change for Big Cash
The government locks-in cash for essentials, plus Elinor dreams of a mortgage and Greg contemplates the passage of time.
All I want for Christmas…
…is an interest rate cut, says Greg Jericho.
Wages are growing faster than inflation – but workers are $8,000 worse off than 3 years ago
A full-time worker on average earnings has lost around $8,000 in living standards over the past three years.
Private health insurance is a dud. That’s why a majority of Australians don’t have it
Right now, final submissions are being made by private health insurers to the government for an increase in insurance premiums next year.
Less for more: Australia’s dud private health insurance system
Private health insurance is getting more expensive and covering less – it’s time for a major rethink, says Greg Jericho.
Approving new fossil fuel mines makes both the climate and housing affordability worse
Every time the government approves a new fossil fuel mines it choose to make it harder for people to build homes.
October 2024
The free market: no problems, ever!
From the number of retirees experiencing poverty to the lack of competition in the banking system, the state of Australia’s economy leaves a lot to be desired, says Greg Jericho.
The misery business: why economists should cheer up about low unemployment
Record numbers of Australians are employed – that’s a great thing, despite what the interest rate doomers are telling you, says Greg Jericho.
The Liberal’s plan to boost housing is just a $5bn gift to property developers
The Liberal Party’s announcement this week to spend $5bn on infrastructure over 5 years to “boost home building across Australia” will barely make a difference – except to the profits of property developers.
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