• A nuclear nothingburger
    Jun 27 2024

    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.

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    25 mins
  • The narrow path
    Jun 20 2024

    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.

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    33 mins
  • Pick your poison
    Jun 13 2024

    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.

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    27 mins
  • Why our GDP is going nowhere
    Jun 6 2024

    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.

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    23 mins
  • Walking the inflation tightrope
    May 30 2024

    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.

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    26 mins
  • Poverty is a policy choice
    May 24 2024

    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.

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    29 mins
  • The budget and why your wages are lagging 14 years behind
    May 16 2024

    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.

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    28 mins
  • We. Do. Not. Need. A. Recession.
    May 10 2024

    Calling for a ‘short recession’ as an economist is like calling for a ‘small war’ knowing you’ll never be on the frontlines, says Greg Jericho.

    Inflation isn’t coming down as fast as many hoped, but it’s still heading in the right direction. Some economists are calling for recession, but that’s playing with fire, according to Greg Jericho. On this episode of Dollars & Sense, Greg calls for calm as policymakers navigate a difficult economic 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

    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.

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    24 mins