Productivity crisis? Australia’s “lazy” oligopolies could step up

featuring Matt Grudnoff and Elinor Johnston-Leek
Australian Treasurer Jim Chalmers speaks during Question Time in the House of Representatives at Parliament House in Canberra, Wednesday, August 27, 2025.
AAP Image/Lukas Coch

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For all the talk about what government should do about productivity, Australia’s biggest corporations remain inefficient and unwilling to invest.

On this episode of Dollars & Sense, Matt and Elinor discuss the Australia’s latest economic growth data, Trump’s threat to hit countries with digital taxes with extra tariffs, and this week’s political fight over aged care.

Early bird tickets for our Revenue Summit at Parliament House in Canberra – Hon. Steven Miles MP, Senator David Pocock, Kate Chaney MP, Greg Jericho and more – are available now.  You can buy tickets for the early bird price of $99 – available for a limited time only.

Dead Centre: How political pragmatism is killing us by Richard Denniss is available to pre-order now via the Australia Institute website.

This discussion was recorded on Thursday 4 September 2025.

Host: Matt Grudnoff, Senior Economist, the Australia Institute // @mattgrudnoff

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

Show notes:

The big reform that could make our childcare system cheaper and safer by Matt Grudnoff, The New Daily (August 2025)

Media and Democracy, the Australia Institute

National Press Club Address: Paul Schroder, Chief Executive of Australian Super, ABC iView (September 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.

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