Australia’s surplus obsession (and why it needs to end)

featuring Greg Jericho and Hayden Starr
Prime Minister Anthony Albanese holds up a Medicare card while speaking to the media during a press conference at the Chatswood Medical Centre in Sydney, Tuesday, February 25, 2025.
AAP Image/Paul Braven

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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?

On this episode of Dollars & Sense, Greg and Hayden discuss the latest monthly inflation data, the proposed improvements to Medicare, and Australia’s misguided obsession with federal budget surpluses.

This discussion was recorded on Thursday 27 February 2025 and things may have changed since recording.

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

Host: Hayden Starr, Digital Media Manager, the Australia Institute // @haydenstarr

Show notes:

‘It’s time we asked: what is the cost not just to the budget, but to society, when the richest are helped to get richer?’ by Greg Jericho, Guardian Australia (February 2025)

‘Superannuation tax concessions are making inequality worse’ by Greg Jericho, the Australia Institute (July 2024)

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.

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