The rich are getting richer

Australia’s overly generous approach to taxing wealth is allowing the richest Australians to keep more for themselves.
On this episode of Dollars & Sense, Greg and Elinor discuss Australia’s growing wealth gap, what Australians think about the government’s proposed superannuation tax changes, and what the escalating conflict in the Middle East means for the global economy.
This discussion was recorded on Wednesday 18 June 2025 and things may have changed since recording.
Our independence is our strength – and only you can make that possible. By donating to the Australia Institute’s End of Financial Year appeal today, you’ll help fund the research changing Australia for the better.
Host: Greg Jericho, Chief Economist, the Australia Institute and Centre for Future Work // @grogsgamut
Host: Elinor Johnston-Leek, Senior Content Producer, the Australia Institute // @elinorjohnstonleek
Show notes:
Wealthy Australians are worried we might realise how rigged the system is in their favour by Greg Jericho, Guardian Australia (June 2025)
Polling – Superannuation, the Australia Institute (June 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
Crushing the Australian (and Elinor’s) dream
A number of the housing policy proposals on offer in this election will make affordability worse.
What’s driving the wealth inequality crisis?
Without addressing the wealth inequality crisis, Australia’s economy and society will suffer.
Greg’s budget wishlist
The Australian Government can’t afford to do everything, but it can afford to do anything it wants.