House prices aren’t just cooked, they’re deep fried
Australia’s housing market is cooked and capping international student numbers isn’t going to fix it, says Greg Jericho.
On this episode of Dollars & Sense, Greg and Elinor talk about the government’s new international university student caps and the latest house price data.
Greg Jericho is Chief Economist at the Australia Institute and the Centre for Future Work and popular columnist of Grogonomics with Guardian Australia. Each week on Dollars & Sense, Greg dives into the latest economic figures to explain what they can tell us about what’s happening in the economy, how it will impact you and where things are headed.
Host: Greg Jericho, Chief Economist, the Australia Institute and Centre for Future Work // @GrogsGamut
Host: Elinor Johnston-Leek, Senior Content Producer, the Australia Institute // @ElinorJ_L
Show notes:
‘A terrace house is for sale in Sydney for $22m. The grotesquely unfair capital gains discount is partly to blame’ by Greg Jericho, Guardian Australia (September 2024)
Wealth and inequality in Australia by David Richardson and Frank Stilwell, the Australia Institute (August 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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