Economic data can tell us a lot about what's happening the economy and society, but it's easy to get lost in data. Dollars and Sense dives into the latest econo...
We answer your burning questions about the economy in the final episode of 2024. Why are economists are so bad at predicting what’ll happen in the economy? Why is HECS indexed? And why do we measure labour as a cost but profit as a universal good? On the final episode of Dollars & Sense for the year, Greg and Elinor answer your questions about the economy. This discussion was recorded on Thursday 12 December 2024 and things may have changed since recording. Order What's the Big Idea? 32 Big Ideas for a Better Australia now, via the Australia Institute website. 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: ‘Politicians love talking about ‘middle Australia’. But beware of this misleading metric’ by Greg Jericho, Guardian Australia (December 2024) The world's youngest Nobel-winning economist with Esther Duflo, BBC Business Daily (November 2019) Wealth and inequality in Australia by David Richardson and Frank Stilwell, the Australia Institute (August 2024) ‘Why won't concrete fly? It's a key question for Australia's economy’ by Greg Jericho, Guardian Australia (July 2013) 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 [email protected] Dollars & Sense: https://nb.australiainstitute.org.au/donateSee omnystudio.com/listener for privacy information.
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35:47
The economy is people
Immigration and public spending are barely keeping Australia out of a recession. On this episode of Dollars & Sense, Greg and Elinor discuss the latest GDP figures and why the Australian economy is in the toilet. This discussion was recorded on Thursday 5 December 2024 and things may have changed since recording. Order What's the Big Idea? 32 Big Ideas for a Better Australia now, via the Australia Institute website. 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: ‘What do the latest GDP figures tell us? That the RBA is still getting it very wrong’ by Greg Jericho, Guardian Australia (December 2024) Wages are growing faster than inflation – but workers are $8,000 worse off than 3 years ago by David Richardson and Greg Jericho, the Australia Institute (November 2024) ‘Election FactCheck: Has the Coalition presided over the most sustained fall in Australian living standards since records began?’ by Peter Whiteford (reviewed by Roger Wilkins), The Conversation (June 2016) 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 [email protected] Dollars & Sense: https://nb.australiainstitute.org.au/donateSee omnystudio.com/listener for privacy information.
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27:22
Making America pay
Trump says he’s going to make other countries pay with a sweeping new tariff regime – but in reality, everyone will lose. On this episode of Dollars & Sense, Greg and Elinor discuss Trump’s wild new tariff announcement and the end of the standoff between Labor and the Greens over housing. This discussion was recorded on Wednesday 27 November 2024 and things may have changed since recording. Pre-order What's the Big Idea? 32 Big Ideas for a Better Australia now, via the Australia Institute website. 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: ‘Welcome to Trump’s trade war – where no one wins because everyone just pays more for things’ by Greg Jericho, Guardian Australia (November 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 [email protected] Dollars & Sense: https://nb.australiainstitute.org.au/donateSee omnystudio.com/listener for privacy information.
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28:44
Small change for Big Cash
The government locks-in cash for essentials, plus Elinor dreams of a mortgage and Greg contemplates the passage of time. On this episode of Dollars & Sense, Greg and Elinor discuss the government’s new cash mandate plan and the latest state and territory economic data. This discussion was recorded on Thursday 21 November 2024 and things may have changed since recording. Pre-order What's the Big Idea? 32 Big Ideas for a Better Australia now, via the Australia Institute website. 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: ‘Australia took its interest rate medicine – and it has poisoned our living standards’ by Greg Jericho, Guardian Australia (November 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 [email protected] Dollars & Sense: https://nb.australiainstitute.org.au/donateSee omnystudio.com/listener for privacy information.
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27:53
All I want for Christmas...
…is an interest rate cut, says Greg Jericho. On this episode of Dollars & Sense, Greg and Elinor discuss the latest wages data, the likely impact of Trump’s tariff policies on Australia, and why the Reserve Bank are running out of excuses not to cut interest rates. This discussion was recorded on Thursday 14 November 2024 and things may have changed since recording. Pre-order What's the Big Idea? 32 Big Ideas for a Better Australia now, via the Australia Institute website. 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: ‘It’s time for the RBA to admit its fears of a wage-price spiral were misguided – and cut interest rates’ by Greg Jericho, Guardian Australia (November 2024) How Governments Can Help with the Cost of Living, the Australia Institute’s Policy School 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 [email protected] Dollars & Sense: https://nb.australiainstitute.org.au/donateSee omnystudio.com/listener for privacy information.
Economic data can tell us a lot about what's happening the economy and society, but it's easy to get lost in data. Dollars and Sense dives into the latest economic figures to explain how they impact you and what they tell us about the state of the Australian economy, with host Greg Jericho, Chief Economist at the Australia Institute and the Centre for Future Work and popular columnist of Grogonomics with Guardian Australia.
Australia