What is ‘middle income’ in Australia?

featuring Greg Jericho and Elinor Johnston-Leek
Unionised council workers gather for a strike organised by the Australian Services Union outside the Victorian State Parliament in Melbourne, Wednesday, June 17, 2026.
AAP Image/Jay Kogler

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A new data drop by the Australian Tax Office has A) brought Greg great joy and B) shed new light on Australians’ incomes.

On this episode of Dollars & Sense, Greg and Elinor discuss the latest interest rates decision, Greg and Matt Grudnoff’s field trip to a Senate committee, and why one newspaper is running a front-page story about Pokémon card collectors and capital gains.

This discussion was recorded on Thursday 18 June 2026.

Support the research powerful interests fear. Make a tax-deductible donation to the Australia Institute’s End of Financial Year Appeal before 30 June.

Host: Greg Jericho, Chief Economist, the Australia Institute // @grogsgamut

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

Show notes:

The bleak view that unemployment needs to rise shows the RBA acts firstly in the interests of companies, not workers by Greg Jericho, Guardian Australia (June 2026)

Ninety millionaires paid no tax in 2023–24. New ATO data shows why tax reform matters by Greg Jericho & Matt Grudnoff, The Point (June 2026)

The housing reforms are cooling investor demand and slowing the market. That’s the point by Matt Grudnoff, The Point (June 2026)

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. Subscribe to Dollars & Sense on Apple PodcastsSpotifyPocket Casts or wherever you get your favourite podcasts.

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