The government is under fire for trying to ‘pick winners’, but green manufacturing could be the pony to get behind, says Greg Jericho. The Australian Government wants to create a future that’s ‘made in Australia’, but can it really compete with the likes of China and the United States? On this episode of Dollars & Sense, Greg explores whether the new Future Made in Australia strategy could spur on the renewable manufacturing sector – or if the government’s flogging a dead horse. Greg Jericho is Chief Economist at the Australia Institute and the Centre for Future Work and popular columnist of Grogonomics with Guardian Australia. Each week on Dollars & Sense, Greg dives into the latest economic figures to explain what they can tell us about what’s happening in the economy, how it will impact you and where things are headed. australiainstitute.org.au // @theausinstitute Host: Greg Jericho, Chief Economist, the Australia Institute and Centre for Future Work // @GrogsGamut Producer: Jennifer Macey // @jennifermacey Additional editing: Emily Perkins 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. Support Dollars & Sense: https://nb.australiainstitute.org.au/donate See omnystudio.com/listener for privacy information.

Australia’s housing market is cooked and capping international student numbers isn’t going to fix it, says Greg Jericho. On this episode of Dollars & Sense, Greg and Elinor talk about the government’s new international university student caps and the latest house price data. Greg Jericho is Chief Economist at the Australia Institute and the Centre for Future Work and popular columnist of Grogonomics with Guardian Australia. Each week on Dollars & Sense, Greg dives into the latest economic figures to explain what they can tell us about what’s happening in the economy, how it will impact you and where things are headed. australiainstitute.org.au // @theausinstitute Host: Greg Jericho, Chief Economist, the Australia Institute and Centre for Future Work // @GrogsGamut Host: Elinor Johnston-Leek, Senior Content Producer, the Australia Institute // @ElinorJ_L Show notes: Wealth and inequality in Australia by David Richardson and Frank Stilwell, the Australia Institute (August 2024) 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. Support Dollars & Sense: https://nb.australiainstitute.org.au/donate See omnystudio.com/listener for privacy information.

Australia’s “pathetic” growth figures show that the Reserve Bank went too hard with interest rate increases, says Greg Jericho. On this episode of Dollars & Sense, Greg and Elinor discuss the latest GDP growth figures, how rate increases have damaged the economy and what might come next. Greg Jericho is Chief Economist at the Australia Institute and the Centre for Future Work and popular columnist of Grogonomics with Guardian Australia. Each week on Dollars & Sense, Greg dives into the latest economic figures to explain what they can tell us about what’s happening in the economy, how it will impact you and where things are headed. australiainstitute.org.au // @theausinstitute Host: Greg Jericho, Chief Economist, the Australia Institute and Centre for Future Work // @GrogsGamut Host: Elinor Johnston-Leek, Senior Content Producer, the Australia Institute // @ElinorJ_L Show notes: ‘Now the Australian economy is on its knees, will the RBA finally start cutting interest rates?’ by Greg Jericho, Guardian Australia (September 2024) Public spending keeps the economy going as the private sector is hit by rate rises by Matt Grudnoff, The Australia Institute (September 2024) 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. Support Dollars & Sense: https://nb.australiainstitute.org.au/donate See omnystudio.com/listener for privacy information.

Greg Jericho and Emma Shortis discuss the Harris-Walz economic agenda on this special Dollars & Sense x After America crossover episode. Republicans have tried to pin the Vice-President as ‘Comrade Kamala’, but are her economic policies all that radical? On this special After America and Dollars & Sense crossover, Dr Emma Shortis and Dr Greg Jericho discuss Harris’ economic agenda. Greg Jericho is Chief Economist at the Australia Institute and the Centre for Future Work and popular columnist of Grogonomics with Guardian Australia. Each week on Dollars & Sense, Greg dives into the latest economic figures to explain what they can tell us about what’s happening in the economy, how it will impact you and where things are headed. australiainstitute.org.au // @theausinstitute Host: Emma Shortis, Senior Research for International & Security Affairs, the Australia Institute // @EmmaShortis Host: Greg Jericho, Chief Economist, the Australia Institute // @GrogsGamut Show notes: After America, the Australia Institute 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. Support Dollars & Sense: https://nb.australiainstitute.org.au/donate See omnystudio.com/listener for privacy information.

Super profits have driven up inflation, robbing all but the wealthiest Australians, says Greg Jericho. On this episode of Dollars & Sense, Greg and Elinor discuss the Greens’ ‘Robin Hood’ tax proposal, post-pandemic profits and the latest inflation data. Greg Jericho is Chief Economist at the Australia Institute and the Centre for Future Work and popular columnist of Grogonomics with Guardian Australia. Each week on Dollars & Sense, Greg dives into the latest economic figures to explain what they can tell us about what’s happening in the economy, how it will impact you and where things are headed. australiainstitute.org.au // @theausinstitute Host: Greg Jericho, Chief Economist, the Australia Institute and Centre for Future Work // @GrogsGamut Host: Elinor Johnston-Leek, Senior Content Producer, the Australia Institute // @ElinorJ_L Show notes: ‘Unemployment is rising and Australia’s economy is weak – but don’t hit the recession alarm just yet’ by Greg Jericho, Guardian Australia (August 2024) A stronger PRRT cap: A fairer way to tax gas super profits by Greg Jericho, The Australia Institute War gains: LNG Windfall Profits 2022 by Mark Ogge, The Australia Institute (October 2022) Principles of a good tax: Evaluating our taxation choices by Matt Grudnoff, Greg Jericho and David Richardson, The Australia Institute (August 2021) 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. Support Dollars & Sense: https://nb.australiainstitute.org.au/donate See omnystudio.com/listener for privacy information.

Australia’s big banks are among the most profitable in the world, so forcing them to compete is essential, says Greg Jericho. On this episode of Dollars & Sense, Greg and Elinor get out the world’s tiniest violin for Australia’s big banks, who are finally having to compete to offer better mortgage rates, and discuss why three of the 'big four' are now offering less for term deposits. Greg Jericho is Chief Economist at the Australia Institute and the Centre for Future Work and popular columnist of Grogonomics with Guardian Australia. Each week on Dollars & Sense, Greg dives into the latest economic figures to explain what they can tell us about what’s happening in the economy, how it will impact you and where things are headed. australiainstitute.org.au // @theausinstitute Host: Greg Jericho, Chief Economist, the Australia Institute and Centre for Future Work // @GrogsGamut Host: Elinor Johnston-Leek, Senior Content Producer, the Australia Institute // @ElinorJ_L 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. Support Dollars & Sense: https://nb.australiainstitute.org.au/donate See omnystudio.com/listener for privacy information.

A tax on the digital giants could be used to support free, public-interest journalism while implementing a total ban on gambling advertising, says Matt Grudnoff. On this episode of Dollars & Sense, Australia Institute Senior Economist Matt Grudnoff and Elinor discuss the government’s gambling reforms and new research showing that the wealth of Australia’s richest 200 people nearly tripled over the last two decades. Each week on Dollars & Sense, we dive into the latest economic figures to explain what they can tell us about what’s happening in the economy, how it will impact you and where things are headed. australiainstitute.org.au // @theausinstitute Host: Matt Grudnoff, Senior Economist, the Australia Institute and Centre for Future Work // @MattGrudnoff Host: Elinor Johnston-Leek, Senior Content Producer, the Australia Institute // @ElinorJ_L Show notes: 'Give Junk Food & Gambling Ads the Punt', The Australia Institute (2022) 'Wealth and inequality in Australia' by David Richardson and Frank Stilwell, The Australia Institute (2024) Theme music: Blue Dot Sessions In Australia, Gambling Help Online is available on 1800 858 858. The National Debt Helpline is at 1800 007 007. 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. Support Dollars & Sense: https://nb.australiainstitute.org.au/donate See omnystudio.com/listener for privacy information.

The Reserve Bank Governor may be keeping her cards close to her chest, but a slowing economy means a rate cut this year could still be on the table, says Greg Jericho. On this episode of Dollars & Sense, Greg and Elinor discuss the pay increase for childcare workers, what’s happening in the stock market and the decision to keep interest rates on hold. Greg Jericho is Chief Economist at the Australia Institute and the Centre for Future Work and popular columnist of Grogonomics with Guardian Australia. Each week on Dollars & Sense, Greg dives into the latest economic figures to explain what they can tell us about what’s happening in the economy, how it will impact you and where things are headed. australiainstitute.org.au // @theausinstitute Host: Greg Jericho, Chief Economist, the Australia Institute and Centre for Future Work // @GrogsGamut Host: Elinor Johnston-Leek, Senior Content Producer, the Australia Institute // @ElinorJ_L 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. Support Dollars & Sense: https://nb.australiainstitute.org.au/donate See omnystudio.com/listener for privacy information.

Flights in regional Australia are an essential public service, so the government could consider stepping in to support the stricken regional carrier, Rex, Greg Jericho says. On this episode of Dollars & Sense, Greg and Elinor discuss Australia’s uncompetitive airline industry, the cost of privatising essential public services, and the latest inflation figures. Greg Jericho is Chief Economist at the Australia Institute and the Centre for Future Work and popular columnist of Grogonomics with Guardian Australia. Each week on Dollars & Sense, Greg dives into the latest economic figures to explain what they can tell us about what’s happening in the economy, how it will impact you and where things are headed. australiainstitute.org.au // @theausinstitute Host: Greg Jericho, Chief Economist, the Australia Institute and Centre for Future Work // @GrogsGamut Host: Elinor Johnston-Leek, Senior Content Producer, the Australia Institute // @ElinorJ_L 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. Support Dollars & Sense: https://nb.australiainstitute.org.au/donate See omnystudio.com/listener for privacy information.

Major Australian industries are vulnerable to the impacts of another US-China trade war, says Greg Jericho. On this episode of Dollars & Sense, Greg Jericho discusses the economic impact of a second Trump presidency for Australia and the region – and why four more years of Trump could be a disaster for the climate. Greg Jericho is Chief Economist at the Australia Institute and the Centre for Future Work and popular columnist of Grogonomics with Guardian Australia. Each week on Dollars & Sense, Greg dives into the latest economic figures to explain what they can tell us about what’s happening in the economy, how it will impact you and where things are headed. australiainstitute.org.au // @theausinstitute Host: Greg Jericho, Chief Economist, the Australia Institute and Centre for Future Work // @GrogsGamut Host: Elinor Johnston-Leek, Senior Content Producer, the Australia Institute // @ElinorJ_L 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. Support Dollars & Sense: https://nb.australiainstitute.org.au/donate See omnystudio.com/listener for privacy information.

The prospect of tariff hikes and higher inflation in a second Trump term has economic policymakers nervous, says Greg Jericho. On this episode of Dollars & Sense, Greg Jericho discusses the latest International Monetary Fund Update on the global economy, the possible impact of American tariff hikes on global efforts to tackle inflation, and the real story behind Australia’s seemingly rosy unemployment data. Greg Jericho is Chief Economist at the Australia Institute and the Centre for Future Work and popular columnist of Grogonomics with Guardian Australia. Each week on Dollars & Sense, Greg dives into the latest economic figures to explain what they can tell us about what’s happening in the economy, how it will impact you and where things are headed. australiainstitute.org.au // @theausinstitute Host: Greg Jericho, Chief Economist, the Australia Institute and Centre for Future Work // @GrogsGamut Host: Elinor Johnston-Leek, Senior Content Producer, the Australia Institute // @ElinorJ_L 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. Support Dollars & Sense: https://nb.australiainstitute.org.au/donate See omnystudio.com/listener for privacy information.

It’s not easy to screw up the housing market this badly – it’s taken Australia decades of bad policy and billions of dollars to get here, Matt Grudnoff says. How did Australia get itself into such a mess with housing? What impact is the crisis having on renters? And why does everyone seem to think investing in the property market is a good idea except the government? On this episode of Dollars & Sense, Australia Institute Senior Economist Matt Grudnoff talks about what caused Australia’s housing crisis and what government can do to fix it. australiainstitute.org.au // @theausinstitute Host: Matt Grudnoff, Senior Economist, the Australia Institute // @MattGrudnoff Host: Elinor Johnston-Leek, Senior Content Producer, the Australia Institute // @ElinorJ_L 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. Support Dollars & Sense: https://nb.australiainstitute.org.au/donate See omnystudio.com/listener for privacy information.

The prime minister joked that the Coalition is turning communist, but having strong powers to break up the Coles-Woolies duopoly is sensible economic policy, Matt Grudnoff says. Would the divestiture powers proposed by the Federal Opposition and supported by the Greens help keep inflation down? And what impact will the new and improved stage three tax cuts have in the economy? On this episode of Dollars & Sense, Australia Institute Senior Economist Matt Grudnoff talks about supermarket divestiture and the changes brought in with the new financial year. australiainstitute.org.au // @theausinstitute Host: Matt Grudnoff, Senior Economist, the Australia Institute // @MattGrudnoff Host: Elinor Johnston-Leek, Senior Content Producer, the Australia Institute // @ElinorJ_L 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. Support Dollars & Sense: https://nb.australiainstitute.org.au/donate See omnystudio.com/listener for privacy information.

The faux-debate over nuclear energy is a distraction from the main game – reducing our emissions to address the climate crisis, says Greg Jericho. With emissions reduction efforts stalled and energy bills spiking, why is Australia’s political class talking about nuclear plants that wouldn’t be ready for decades? On this episode of Dollars & Sense, Greg Jericho addresses the Coalition’s nuclear ‘nothingburger’ and what’s happening in Australia’s decarbonisation process. Greg Jericho is Chief Economist at the Australia Institute and the Centre for Future Work and popular columnist of Grogonomics with Guardian Australia. Each week on Dollars & Sense, Greg dives into the latest economic figures to explain what they can tell us about what’s happening in the economy, how it will impact you and where things are headed. australiainstitute.org.au // @theausinstitute Host: Greg Jericho, Chief Economist, the Australia Institute and Centre for Future Work // @GrogsGamut Host: Elinor Johnston-Leek, Senior Content Producer, the Australia Institute // @ElinorJ_L 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. Support Dollars & Sense: https://nb.australiainstitute.org.au/donate See omnystudio.com/listener for privacy information.

At a time of major uncertainty in the economy, Reserve Bank Governor Michele Bullock’s honesty is refreshing, says Greg Jericho. What is driving the current uncertainty about the country’s economic trajectory? Why did the Reserve Bank of Australia (RBA) decide to keep interest rates on hold? And what does the latest data reveal about workplace gender inequality? On this episode of Dollars & Sense, Greg Jericho reflects on the latest interest rate announcement and the barriers to closing the gender pay gap. Greg Jericho is Chief Economist at the Australia Institute and the Centre for Future Work and popular columnist of Grogonomics with Guardian Australia. Each week on Dollars & Sense, Greg dives into the latest economic figures to explain what they can tell us about what’s happening in the economy, how it will impact you and where things are headed. australiainstitute.org.au // @theausinstitute Host: Greg Jericho, Chief Economist, the Australia Institute and Centre for Future Work // @GrogsGamut Host: Elinor Johnston-Leek, Senior Content Producer, the Australia Institute 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. Support Dollars & Sense: https://nb.australiainstitute.org.au/donate See omnystudio.com/listener for privacy information.

The government is trying to strike a delicate balance in the economy, getting inflation down without sending the country into recession, says Greg Jericho. Isn't a surplus in the current economic climate a good thing? What causes productivity growth? And how do other nations measure unemployment? On this episode of Dollars & Sense, Greg Jericho answers your questions and explains why some commentators are getting giddy for Canadian rate cuts. Greg Jericho is Chief Economist at the Australia Institute and the Centre for Future Work and popular columnist of Grogonomics with Guardian Australia. Each week on Dollars & Sense, Greg dives into the latest economic figures to explain what they can tell us about what’s happening in the economy, how it will impact you and where things are headed. australiainstitute.org.au // @theausinstitute Host: Greg Jericho, Chief Economist, the Australia Institute and Centre for Future Work // @GrogsGamut Producer: Jennifer Macey // @jennifermacey 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. Support Dollars & Sense: https://nb.australiainstitute.org.au/donate See omnystudio.com/listener for privacy information.

Near-zero economic growth is a good sign of how bad things are, says Greg Jericho. After multiple interest rate increases in recent years, it’s the economy – not inflation – that’s slowing, with the latest figures showing that the Australian economy grew just 0.1 per cent in the last quarter. So why is gross domestic product (GDP) growth so hard to come by at the moment? On this episode of Dollars & Sense, Greg Jericho discusses Australia’s fragile economy and how governments – and the Reserve Bank – can respond. Greg Jericho is Chief Economist at the Australia Institute and the Centre for Future Work and popular columnist of Grogonomics with Guardian Australia. Each week on Dollars & Sense, Greg dives into the latest economic figures to explain what they can tell us about what’s happening in the economy, how it will impact you and where things are headed. australiainstitute.org.au // @theausinstitute Host: Greg Jericho, Chief Economist, the Australia Institute and Centre for Future Work // @GrogsGamut Producer: Jennifer Macey // @jennifermacey 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. Support Dollars & Sense: https://nb.australiainstitute.org.au/donate See omnystudio.com/listener for privacy information.

Inflation isn’t falling as fast as most economists want, but a rate rise now would do more harm than good, says Greg Jericho. With interest rates refusing to fall below three per cent, some analysts are making dire assessments of the Australia economy. But while so-called ‘sticky’ inflation isn’t great, it’s better than risking a huge drop in demand and a deep recession, according to Greg Jericho. On this episode, Greg examines why inflation is refusing to budge and what policymakers can do about it. Greg Jericho is Chief Economist at the Australia Institute and the Centre for Future Work and popular columnist of Grogonomics with Guardian Australia. Each week on Dollars & Sense, Greg dives into the latest economic figures to explain what they can tell us about what’s happening in the economy, how it will impact you and where things are headed. australiainstitute.org.au // @theausinstitute Host: Greg Jericho, Chief Economist, the Australia Institute and Centre for Future Work // @GrogsGamut Producer: Jennifer Macey // @jennifermacey 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. Support Dollars & Sense: https://nb.australiainstitute.org.au/donate See omnystudio.com/listener for privacy information.

According to the Productivity Commission, wealth inequality declined during the COVID years due to boosted government support payments. And when those payments finished, predictably inequality went back up. The overwhelming majority of gains from economic growth since the GFC have gone to the wealthiest people. On this episode, Greg Jericho discusses inequality, poverty, and government support. Greg Jericho is Chief Economist at the Australia Institute and the Centre for Future Work and popular columnist of Grogonomics with Guardian Australia. Each week on Dollars & Sense, Greg dives into the latest economic figures to explain what they can tell us about what’s happening in the economy, how it will impact you and where things are headed. australiainstitute.org.au // @theausinstitute Host: Greg Jericho, Chief Economist, the Australia Institute and Centre for Future Work // @GrogsGamut Producer: Jennifer Macey // @jennifermacey 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. Support Dollars & Sense: https://nb.australiainstitute.org.au/donate See omnystudio.com/listener for privacy information.

The pandemic and runaway inflation reversed more than a decade of progress on living standards in just two years – and it’s going to be a long wait for them to inch back, says Greg Jericho. What does the latest data reveal about Australian living standards? Why is there so much fearmongering about a wages breakout? And did the government hit the mark in the budget? On this episode, Greg Jericho discusses living standards, wages growth and this week’s federal budget. Greg Jericho is Chief Economist at the Australia Institute and the Centre for Future Work and popular columnist of Grogonomics with Guardian Australia. Each week on Dollars & Sense, Greg dives into the latest economic figures to explain what they can tell us about what’s happening in the economy, how it will impact you and where things are headed. australiainstitute.org.au // @theausinstitute Host: Greg Jericho, Chief Economist, the Australia Institute and Centre for Future Work // @GrogsGamut Producer: Jennifer Macey // @jennifermacey 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. Support Dollars & Sense: https://nb.australiainstitute.org.au/donate See omnystudio.com/listener for privacy information.