The biggest risk to Australia’s economy

A new report outlines the grave consequences of climate change for the Australian economy – so why is the government still approving fossil fuel projects?

On this episode of Dollars & Sense, Greg returns from his holiday to talk about the National Climate Risk Assessment reveals about the future of the Australian economy. Plus: the tricky task of measuring inflation for sectors like health and aged care and why the government’s wellbeing budget is falling flat.

Tickets for our Revenue Summit at Parliament House in Canberra, featuring Hon Steven Miles MP, Senator Larissa Waters, Senator David Pocock, Dr Kate Chaney MP, Greg Jericho and more – are available now.  You can buy second release tickets for just $109 via our website.

Dead Centre: How political pragmatism is killing us by Richard Denniss is available now via Australia Institute Press.

This discussion was recorded on Thursday 18 September 2025.

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

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

Show notes:

National Climate Risk Assessment, Australian Climate Service

Save Tuvalu, Save the World events

Australia isn't trying to get off fossil fuels | Richard Denniss at the Senate Environment Committee, the Australia Institute on YouTube (September 2025)

The Fight to Save Murujuga, the Australia Institute on YouTube (June 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 podcasts@australiainstitute.org.au.

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