Nothing in reserve: households “smashed” by rate hikes
The Reserve Bank is home to the experts on monetary policy – but what happens when they get it wrong?
On this episode of Follow the Money, Greg Jericho and Matt Grudnoff join Ebony Bennett to discuss the latest GDP figures, the real drivers of inflation and how the Reserve Bank misread the state of the economy.
This discussion was recorded on Tuesday 10 September 2024 and things may have changed since recording.
Guest: Greg Jericho, Chief Economist, the Australia Institute // @GrogsGamut
Guest: Matt Grudnoff, Senior Economist, the Australia Institute // @MattGrudnoff
Host: Ebony Bennett, Deputy Director, the Australia Institute // @ebony_bennett
Theme music: Pulse and Thrum; additional music by 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
Chalmers is right, the RBA has smashed the economy
In recent weeks the Treasurer Jim Chalmers has been criticised by the opposition and some conservative economists for pointing out that the 13 interest rate increases have slowed Australia’s economy. But the data shows he is right.
Calls for massive rate hikes and recession are cavalier: Jericho
Inflation will remain higher for longer, but a recession is not the solution, says Greg Jericho.
Who’s got a backbone? More mining malarkey | Between the Lines
The Wrap with Ebony Bennett Mining lobbyists descended on Canberra for the annual Minerals Week. On Thursday morning, the Minerals Council CEO Tania Constable described on Radio National what she sees to be the problem – policy interventions and the looming ‘threat’ of onerous environmental approvals: We’re seeing major changes in royalties at a state