Full Story Back to Back Barries: the tricky politics of a treasurer-PM relationship
Aug 15, 2025
George Megalogenis, an insightful political and economic commentator, steps in to discuss the intricate dynamics between Treasurer Jim Chalmers and Prime Minister Anthony Albanese. He analyzes the strategic timing behind Albanese's acknowledgment of Palestine amidst international pressure and the RBA's interest rate cut. The duo’s collaboration reflects on historical treasurer-PM relationships, emphasizing the importance of strong partnerships in navigating current economic challenges and public sentiment. Tune in for a thoughtful exploration of politics and strategy!
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Albanese's Deadline-Driven Decision Style
- Anthony Albanese tends to delay big decisions until a deadline forces action, which can make choices appear sudden.
- That cautious-but-eventual style shaped the timing of Palestine recognition to clear the deck before domestic events.
International Incidents Can Accelerate Policy
- International events, like the Al Jazeera journalist killing, increased pressure that made recognition of Palestine politically urgent.
- George Megalogenis argues such moral-empathy triggers can shift a cautious PM's calculus rapidly.
Focus Groups Prioritised Interest Rates
- Tony Barry recounts focus-group work showing RBA rate cuts dominated public attention more than foreign policy.
- Voters noticed the Palestine recognition only after prompting and reacted differently depending on mortgage status.