

Dollars & Sense
The Australia Institute
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.
Episodes
Mentioned books

Dec 11, 2025 • 32min
It's a time for bravery
Big economic reform probably isn’t as hard as governments think. On the final episode of Dollars & Sense for 2025, Greg and Elinor discuss why it’s a time for bravery in our economic policy-making and whether rate hikes are on the way in 2026. This discussion was recorded on Thursday 11 December. A time for Bravery: what happens when Australia chooses courage is available now via Australia Institute Press. Use the code ‘POD5’ to get $5 off. Host: Greg Jericho, Chief Economist, the Australia Institute // @grogsgamut Host: Elinor Johnston-Leek, Senior Content Producer, the Australia Institute // @elinorjohnstonleek Show notes: No wonder Michele Bullock’s dramatic departure from the RBA’s interest rate script left markets swinging wildly by Greg Jericho, Guardian Australia (December 2025) Gough dreamed of a country that never was, and asked why not? by Greg Jericho, The Point (November 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.Support Dollars & Sense: https://nb.australiainstitute.org.au/donateSee omnystudio.com/listener for privacy information.

Dec 4, 2025 • 33min
Is this growth...good?!
Rooftop solar and data centres are drivers of Australia’s economic growth, but do they really bring the same value to Australian society? On this episode of Dollars & Sense, Greg and Angus discuss why the devil is in the detail of the latest economic growth figures and how the Victoria has led the other states on housing affordability. This discussion was recorded on Thursday 4 December. A time for Bravery: what happens when Australia chooses courage is available now via Australia Institute Press. Use the code ‘POD5’ to get $5 off. Aiming Higher: Universities and Australia’s future by Professor George Williams is also available now. Host: Greg Jericho, Chief Economist, the Australia Institute // @grogsgamut Host: Angus Blackman, Executive Producer, the Australia Institute // @AngusRB Show notes: There are two big drivers of Australia’s economic growth – but shape matters as much as size by Greg Jericho, Guardian Australia (December 2025) Weaker-than-expected GDP should end talk of budget cuts and rate hikes by Matt Grudnoff, The Point (December 2025) House prices rise but Melbourne shows a way to improve affordability by Greg Jericho, The Point (December 2025) Trump’s shutdown power play, After America, The Australia Institute (October 2025) Financial regulatory framework and home ownership by Matt Grudnoff and Greg Jericho, The Australia Institute (October 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 podcasts@australiainstitute.org.au.Support Dollars & Sense: https://nb.australiainstitute.org.au/donateSee omnystudio.com/listener for privacy information.

Nov 27, 2025 • 29min
This inequality isn't inevitable
By offering generous tax concessions to property investors and making it nearly impossible to live on JobSeeker, Australian governments have being making inequality worse. On this special episode of Dollars & Sense, we discuss the cost of growing inequality with Dr Cassandra Goldie AO, CEO of the Australian Council of Social Service (ACOSS), Kasy Chambers, Executive Director of Anglicare Australia, and Dr Mark Zirnsak, Secretariat of the Tax Justice Network Australia. This discussion was recorded on Wednesday 29 October 2025 at the Australia Institute’s Revenue Summit at Parliament House in Canberra. A time for Bravery: what happens when Australia chooses courage is available for pre-order now via Australia Institute Press. Use the code ‘SAVE5’ to get $5 off. Aiming Higher: Universities and Australia’s future by Professor George Williams is also available now. Guest: Cassandra Goldie, Chief Executive Officer, Australian Council of Social Service // @cassandragoldie Guest: Kasy Chambers, Executive Director, Anglicare Australia // @ChambersKasy Guest: Mark Zirnsak, Secretariat, Tax Justice Network Australia Host: Richard Denniss, co-Chief Executive Chief, the Australia Institute // @richarddenniss Host: Greg Jericho, Chief Economist, the Australia Institute // @grogsgamut Show notes: Revenue Summit playlist, The Australia Institute on YouTube (November 2025) Wealth inequality by asset types. What’s driving wealth inequality? by Matt Grudnoff, the Australia Institute (February 2025) Poverty in Australia 2025: Overview by Peter Davidson and Bruce Bradbury, ACOSS and UNSW Sydney 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/donateSee omnystudio.com/listener for privacy information.

Nov 20, 2025 • 30min
The gas industry’s “huge con”
By taxing Australian resources more effectively, we could not only have a greener economy – but a fairer one as well. On this special episode of Dollars & Sense, Liam O’Brien from the Australian Council of Trade Unions and Dr Ingrid Burfurd from The Superpower Institute join Dr Richard Denniss to discuss taxing the gas industry more effectively. This discussion was recorded on Wednesday 29 October 2025 at the Australia Institute’s Revenue Summit at Parliament House in Canberra. A time for Bravery: what happens when Australia chooses courage is available for pre-order now via Australia Institute Press. Use the code ‘SAVE5’ to get $5 off. Aiming Higher: Universities and Australia’s future by Professor George Williams is also available now. Guest: Liam O’Brien, Assistant Secretary, Australian Council of Trade Unions // @lbobrien Guest: Ingrid Burfurd, Carbon Pricing and Policy Lead, The Superpower Institute Host: Richard Denniss, co-Chief Executive Chief, the Australia Institute // @richarddenniss Host: Greg Jericho, Chief Economist, the Australia Institute // @grogsgamut Show notes: Revenue Summit playlist, The Australia Institute on YouTube (November 2025) Australia Last: The failure of Australian gas policy by Matthew Saunders and Richard Denniss, The Australia Institute (November 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.Support Dollars & Sense: https://nb.australiainstitute.org.au/donateSee omnystudio.com/listener for privacy information.

Nov 13, 2025 • 30min
How bad policy created a housing crisis
The capital gains tax concession and negative gearing have worked together to make housing less affordable and exacerbate inequality. Tax doesn’t just affect markets, it shapes society. On housing, excessive tax concessions have driven up prices, concentrated wealth and locked many of the market. On this special episode, Maiy Azize from Everybody’s Home, Josie Lee from Oxfam Australia, and housing advocate Jordan van den Lamb join Amy Remeikis to discuss how bad policy created a housing crisis. This discussion was recorded on Wednesday 29 October 2025 at the Australia Institute’s Revenue Summit at Parliament House in Canberra. Aiming Higher: Universities and Australia’s future by Professor George Williams is available now via Australia Institute Press. Subscribe now for updates from the Australia Institute. Guest: Maiy Azize, National Spokesperson, Everybody’s Home Guest: Josie Lee, Policy and Advocacy Lead, Oxfam Australia Guest: Jordan van den Lamb, Housing Advocate // @purplepingers Host: Amy Remeikis, Chief Political Analyst, the Australia Institute // @amyremeikis Host: Greg Jericho, Chief Economist, the Australia Institute // @grogsgamut Show notes: One way to improve the “dumpster fire of dumb stuff” which is Australia’s housing policy by Matt Grudnoff, the Australia Institute (May 2025) Macro reforms for housing affordability by Matt Grudnoff, the Australia Institute (May 2025) Migration is not out of control and the figures show it is not to blame for the housing crisis by Matt Grudnoff, the Australia Institute (April 2025) Three ways Australia can tax wealth better by Matt Grudnoff and Dave Richardson, the Australia Institute (August 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.Support Dollars & Sense: https://nb.australiainstitute.org.au/donateSee omnystudio.com/listener for privacy information.

Nov 6, 2025 • 29min
Inflation beats employment by the length of the straight (sigh)
On our 100th episode of Dollars & Sense, we discuss why the Reserve Bank always seems to prioritise inflation over employment in its interest rate discussions. Greg and Elinor discuss the Reserve Bank’s predictable rates decision, Microsoft’s decision to refund some customers after pressure from the Australian Competition & Consumer Commission, and whether Australia’s tobacco excise has become self-defeating. Aiming Higher: Universities and Australia’s future by Professor George Williams is available now via Australia Institute Press. This discussion was recorded on Thursday 6 November 2025. Host: Greg Jericho, Chief Economist, the Australia Institute // @grogsgamut Host: Elinor Johnston-Leek, Senior Content Producer, the Australia Institute // @elinorjohnstonleek Show notes: The RBA predicts inflation will rise faster than wages. Let’s hope it’s wrong by Greg Jericho, Guardian Australia (November 2025) Explainer: Illegal smoking police raids are being done to raise tax by Greg Jericho, The Point Live (November 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.Support Dollars & Sense: https://nb.australiainstitute.org.au/donateSee omnystudio.com/listener for privacy information.

Oct 30, 2025 • 30min
Reddit to the rescue: watchdog sues Microsoft after AI price-hike complaints
Plenty of big tech companies are losing money on their artificial intelligence investments, begging the question: do people actually want the products? On this episode of Dollars & Sense, Greg and Elinor discuss the “shock” inflation figures, what energy subsidies have to do with the larger-than-expected increase, and why the Australian Competition & Consumer Commission (ACCC) is suing Microsoft. Pre-order Aiming Higher: Universities and Australia’s future by George Williams via Australia Institute Press. The Point, an initiative of the Australia Institute, is live now. This discussion was recorded on Thursday 30 October 2025. Host: Greg Jericho, Chief Economist, the Australia Institute // @grogsgamut Host: Elinor Johnston-Leek, Senior Content Producer, the Australia Institute // @elinorjohnstonleek Show notes: So it’s goodbye to lower interest rates – to be honest, the RBA was always looking for an excuse not to cut by Greg Jericho, Guardian Australia (October 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.Support Dollars & Sense: https://nb.australiainstitute.org.au/donateSee omnystudio.com/listener for privacy information.

Oct 23, 2025 • 28min
How gold became a memecoin
People have been queuing for gold and it's giving toilet paper in 2020. On this episode of Dollars & Sense, Greg and Elinor discuss the critical minerals agreement struck between the Australian and American governments, Andrew Leigh’s new anti-price gouging legislation, and why Aussies have been lining up for gold. Dead Centre: How political pragmatism is killing us by Richard Denniss is available now via the Australia Institute website. This discussion was recorded on Thursday 23 October 2025. Host: Greg Jericho, Chief Economist, the Australia Institute // @grogsgamut Host: Elinor Johnston-Leek, Senior Content Producer, the Australia Institute // @elinorjohnstonleek Show notes: Australia’s surprise unemployment spike suggests an economy not overheating but in need of stimulus by Greg Jericho, Guardian Australia (October 2025) Coles, Woolies’ Secret Pricing Deal Undercuts Inflation Claims, the Australia Institute (September 2024) ACCC Suing Supermarkets as Price Gouging Drives Inflation, Rate Hikes, the Australia Institute (September 2024) Giving our consumer watchdog more teeth to tackle companies gouging shoppers, the Australia Institute (February 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.Support Dollars & Sense: https://nb.australiainstitute.org.au/donateSee omnystudio.com/listener for privacy information.

Oct 16, 2025 • 33min
Pots and kettles: Trump trades barbs with China over trade
The global economic outlook is “dim” according to a new report, driven by uncertainty over Trump’s economic and trade policies. On this episode of Dollars & Sense, Greg and Elinor discuss the latest World Economic Outlook from the International Monetary Fund, the latest trade spat between the United States and China, why fewer Australians are travelling to America, and the Australian Government’s backdown over superannuation. Dead Centre: How political pragmatism is killing us by Richard Denniss is available now via the Australia Institute website. This discussion was recorded on Wednesday 15 October 2025. Host: Greg Jericho, Chief Economist, the Australia Institute // @grogsgamut Host: Elinor Johnston-Leek, Senior Content Producer, the Australia Institute // @elinorjohnstonleek Show notes: The IMF reckons the global economy remains ‘in flux’, but the Trump effect is real – and Australians aren’t fooled by Greg Jericho, Guardian Australia (October 2025) Global Economy in Flux, Prospects Remain Dim, World Economic Outlook, International Monetary Fund (October 2025) US International Inbound Travel Remains Weak for 2025, Tourism Economics (October 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.Support Dollars & Sense: https://nb.australiainstitute.org.au/donateSee omnystudio.com/listener for privacy information.

Oct 9, 2025 • 32min
Housing affordability to get worse as big corporates do annual tax magic
Renting a place to live is getting more expensive and house price rises are tipped to accelerate. On this episode of Dollars & Sense, Greg and Elinor discuss housing affordability, how so many of Australia’s biggest companies manage to pay zero (0) corporate tax, and how Trump made solving the tax problem that much harder. Use the code ‘podcast’ to get 50% off tickets to the Australia Institute’s Revenue Summit. Discount available for Dollars & Sense listeners while stocks last. Dead Centre: How political pragmatism is killing us by Richard Denniss is available now via the Australia Institute website. This discussion was recorded on Thursday 9 October 2025. Host: Greg Jericho, Chief Economist, the Australia Institute // @grogsgamut Host: Elinor Johnston-Leek, Senior Content Producer, the Australia Institute // @elinorjohnstonleek Show notes: If we want a better, more equal society, we need more tax. But more tax only works if big business pays their fair share by Greg Jericho, Guardian Australia (October 2025) Australia is a rich country that taxes like a poor one, Follow the Money, the Australia Institute (October 2025) Rental growth re-accelerates amid tightest vacancy rate on record, Cotality (October 2025) WESTPAC-MI CONSUMER SENTIMENT BULLETIN (October 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.Support Dollars & Sense: https://nb.australiainstitute.org.au/donateSee omnystudio.com/listener for privacy information.


