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Actually though, what the hell is going on in the economy?
It’s chaos out there. On this episode of Dollars & Sense, Greg and Elinor discuss Trump’s tariff turmoil, the dodgy numbers doing the rounds in the election campaign, and the Coalition’s big fund boondoggle. This discussion was recorded on Thursday 10 April 2025 and things may have changed since recording. Follow all the action from the federal election on our new politics live blog, Australia Institute Live with Amy Remeikis. 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: ‘Trump’s tariffs could push Australia into recession town. So why is the RBA waiting until May to meet?’ by Greg Jericho, Guardian Australia (April 2025) ‘The Liberal Party’s proposed funds are just boondoggles of budgetary make believe’ by Matt Grudnoff and Greg Jericho, the Australia Institute (April 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 [email protected] Dollars & Sense: https://nb.australiainstitute.org.au/donateSee omnystudio.com/listener for privacy information.
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36:11
Trump's tariffs won't wreck Australia's economy. But America's could be cooked.
Americans are going to bear the brunt of Trump’s ‘Liberation Day’ tariffs. On this episode of Dollars & Sense, Greg and Hayden discuss Trump’s tariffs, the Reserve Bank’s magic 8-ball monetary policy, and why minimum wage increases don’t drive up inflation. This discussion was recorded on Thursday 3 April 2025 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: Hayden Starr, Digital Media Manager, the Australia Institute // @haydenstarr Show notes: Australia Institute Live from Amy Remeikis ‘You never know what you’re gonna get: Australians will have to wait until after the election to see if there’s an interest rate cut’ by Greg Jericho, Guardian Australia (March 2025) ‘Trump Set to Push Ahead With Tariffs—as His Polling and Stock Market Tumble’ by Brian Bennett, TIME (April 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 [email protected] Dollars & Sense: https://nb.australiainstitute.org.au/donateSee omnystudio.com/listener for privacy information.
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33:40
A Budget that does no harm (sort of)
This “wimpy” budget tells us one thing: the election campaign is here. On this episode of Dollars & Sense, Greg and Elinor discuss the Government’s tax cuts, the big missed opportunities in this Budget, and what it’s like inside ‘the lock-up’. This discussion was recorded on Thursday 27 March 2025 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: ‘Labor’s budget tax cuts make good economic sense – and have backed Dutton and Taylor into a political corner’ by Greg Jericho, Guardian Australia (March 2025) ‘Australia budget 2025: the seven graphs you need to see’ by Greg Jericho, Guardian Australia (March 2025) 5 ways and 63 billion reasons to improve Australia’s tax system by Greg Jericho, the Australia Institute (March 2025) Budget briefing paper 2025-2026, Centre for Future Work (March 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 [email protected] Dollars & Sense: https://nb.australiainstitute.org.au/donateSee omnystudio.com/listener for privacy information.
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34:55
Greg's budget wishlist
The Australian Government can’t afford to do everything, but it can afford to do anything it wants. On this episode of Dollars & Sense, Greg and Elinor preview next week’s Federal Budget and why the Government doesn’t need to leave so much tax revenue on the table. This discussion was recorded on Thursday 20 March 2025 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: 5 ways and 63 billion reasons to improve Australia’s tax system by Greg Jericho, the Australia Institute (March 2025) ‘Expect a lot of talk about Australia’s deficit, but remember the golden rule: budgets are always about choices’ by Greg Jericho, Guardian Australia (March 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 [email protected]. Support Dollars & Sense: https://nb.australiainstitute.org.au/donateSee omnystudio.com/listener for privacy information.
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33:08
Australia's sick housing joke
Looking to buy a house? Having a good job that pays good money probably won’t be enough. On this episode of Dollars & Sense, Greg and Elinor discuss new research showing just how difficult it is to save for a house deposit and the political response to Trump’s steel and aluminium tariffs. This discussion was recorded on Thursday 13 March 2025 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: ‘Gone are the days when a ‘good job’ gets you a house – and now we have the data to prove it’ by Greg Jericho, Guardian Australia (March 2025) Housing affordability crisis – Saving for a deposit forever by Greg Jericho, the Australia Institute (March 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 [email protected] Dollars & Sense: https://nb.australiainstitute.org.au/donateSee omnystudio.com/listener for privacy information.
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33:36

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About Dollars & Sense

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.

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