Australia’s economy has turned a corner. America’s is heading off a cliff.

featuring Greg Jericho and Elinor Johnston-Leek
A supplied image obtained on Wednesday, February 26, 2025, shows Australian Treasurer Jim Chalmers, United States Secretary of the Treasury Scott Bessent and Ambassador of Australia to the United States Kevin Rudd at the Australian Embassy in Washington DC, USA, Monday, February 25, 2025.
AAP Image/Supplied by DFAT, Michael Butcher

Share

Australia’s per capita recession is over, but the United States economy could be in for much worse.

On this episode of Dollars & Sense, Greg and Elinor discuss the end of Australia’s per capita recession, why the humble chickpea deserves some of the credit, and why DOGE is looking like a disaster for the American economy.

This discussion was recorded on Thursday 6 March 2025 and things may have changed since recording.

Order What’s the Big Idea? 32 Big Ideas for a Better Australia now, via the Australia Institute website.

Host: Greg Jericho, Chief Economist, the Australia Institute and Centre for Future Work // @grogsgamut

Host: Elinor Johnston-Leek, Senior Content Producer, the Australia Institute // @elinorjohnstonleek

Show notes:

‘The Reserve Bank should be looking at these numbers and wondering why it waited until February to act’ by Greg Jericho, Guardian Australia (March 2025)

Briefing Paper: Restoring public sector capability through investment in public service employees by Lisa Heap, the Australia Institute (February 2025)

“A drowning memory”: the Pacific Island communities fighting for their survival, Follow the Money, the Australia Institute (March 2025)

After America, the Australia Institute

Theme music: Blue Dot Sessions

We’d love to hear your feedback on this series, so send in your questions, comments or suggestions for future episodes to podcasts@australiainstitute.org.au.

Between the Lines Newsletter

The biggest stories and the best analysis from the team at the Australia Institute, delivered to your inbox every fortnight.

You might also like