No, it’s not just inflation. Since the GFC, there has been a radical reversal in who benefits from economic growth. Back in the 1950s, the bottom 90% of income earners enjoyed around 90% of the benefits of the economic growth, but not anymore. So what has happened?

This was recorded on Tuesday 11th April 2023 and things may have changed since recording.

The Australia Institute // @theausinstitute

Guest:

Matt Grudnoff, Senior Economist, the Australia Institute // @MattGrudnoff

Host: Ebony Bennett, Deputy Director, the Australia Institute // @ebony_bennett

Producer: Jennifer Macey // @jennifermacey

Edited by: Emily Perkins

Theme Music: Pulse and Thrum; additional music by Blue Dot Sessions