Despite claims by some business groups and commentators, a modest wage increase for workers isn’t going to send inflation skyrocketing, says Greg Jericho.

With unemployment tumbling in February, the Reserve Bank of Australia (RBA) should resist the urge to raise interest rates, says Australia Institute Chief Economist Greg Jericho.

Unemployment dropped in a big way in February, so is the Australian economy now out of the woods?

Tasmanians have been badly served by its government’s exaggerated fears about the condition of the state budget.

Housing prices have risen so much in Australia that 2020 prices look almost reasonable.

House prices after a brief fall in 2022 rose consistently during 2023 and housing affordability is now as bad as ever

Australia’s recent gross domestic product (GDP) figures show that the economy is weak and people are struggling to keep up. So what can the federal government – and the Reserve Bank – do to help? Greg Jericho is Chief Economist at the Australia Institute and the Centre for Future Work and popular columnist of Grogonomics

As interest rates have climbed, Australia’s economy has slowed – let us hope the RBA has not stalled it.

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

Despite soaring production and revenues the gas industry is not paying more tax

The changes to the Stage 3 tax cuts have passed the Senate and will become law.

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

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.

With Michele Bullock at the helm of the RBA, there’s change in the air. But do the changes extend below surface level? Where do they think inflation is going, and what about those pesky interest rates? Join us as we dive into the latest monetary news. Greg Jericho is Chief Economist at the Australia Institute

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

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

It’s quite amazing how nothing – not a pandemic, not rising interest rates – seems to do much to dampen the housing market. Amazing, that is, unless you forget that the entire focus of political pressure over the past 40 years or so has been designed to keep house prices from falling, or even abating.

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

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

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

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

As the Budget outlook improves, with most of the benefits of Stage 3 tax cuts going to those earing over $120,000, over 80% of workers will be short-changed