If not now, when?

After the election, the re-elected Labor Government has an extraordinary opportunity to make big structural changes to the economy.
On this episode of Dollars & Sense, Greg and Hayden discuss the election result, Trump’s Hollywood tariffs, and what retail spending figures reveal about the state of economy.
This discussion was recorded on Thursday 8 May 2025 and things may have changed since recording.
Order ‘After America: Australia and the new world order’ or become a foundation subscriber to Vantage Point at australiainstitute.org.au/store.
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:
‘The Reserve Bank played it safe and didn’t cut interest rates in April – and households suffer’ by Greg Jericho, Guardian Australia (May 2025)
Raising revenue right: Better tax ideas for the 48th Parliament by Greg Jericho, the Australia Institute (March 2025)
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
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?
Eight things you need to know about the Government’s plan to change Australian elections
And eight ideas to improve it
Trump’s tariffs won’t wreck Australia’s economy. But America’s could be cooked.
Americans are going to bear the brunt of Trump’s ‘Liberation Day’ tariffs.

