Unemployment dropped in a big way in February, so is the Australian economy now out of the woods? On this episode, Greg Jericho discusses the link between unemployment and recessions, what message the data holds for the Reserve Bank and why Treasury should hold off on the party poppers – at least for now. 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/donateSee omnystudio.com/listener for privacy information.

Housing prices have risen so much in Australia that 2020 prices look almost reasonable. In fact, if the house price to income ratio were the same as it was in 2000, the average price would be nearly $400,000 less. 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 Subscribe to Between the Lines, the Australia Institute’s fortnightly-ish newsletter. Host: Greg Jericho, Chief Economist, the Australia Institute and Centre for Future Work // @GrogsGamut Producer: Jennifer Macey // @jennifermacey Theme Music: Blue Dot SessionsSupport Dollars & Sense: https://nb.australiainstitute.org.au/donateSee omnystudio.com/listener for privacy information.

Australia’s recent gross domestic product (GDP) figures show that the economy is weak and people are struggling to keep up. So what can the federal government – and the Reserve Bank – do to help? 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 Subscribe to Between the Lines, the Australia Institute’s fortnightly-ish newsletter. Host: Greg Jericho, Chief Economist, the Australia Institute and Centre for Future Work // @GrogsGamut Producer: Jennifer Macey // @jennifermacey Theme Music: Blue Dot SessionsSupport Dollars & Sense: https://nb.australiainstitute.org.au/donateSee omnystudio.com/listener for privacy information.

The gas industry likes to tell us it's vital to the Australian economy. But when people are paying more in GST for Taylor Swift merch than many companies are paying in company income tax per year, and the government collects more from HECS than the PRRT, you know something is seriously wrong. Greg Jericho is Chief Economist at the Australia Institute and the Centre for Future Work and popular columnist of Grogonomics with Guardian Australia. In Dollars & Sense, each week, Greg Jericho will dive into the latest economic figures, and explain what they can tell us about what's happening in the economy, how it will impact you and where things are headed. Recorded on Thursday 29th February 2024. Follow us on Twitter and Instagram or visit our website. Subscribe to Between the Lines, the Australia Institute's fortnightly-ish newsletter. Host: Greg Jericho, Chief Economist, the Australia Institute and Centre for Future Work Producer: Jennifer Macey  Theme Music: Blue Dot SessionsSupport Dollars & Sense: https://nb.australiainstitute.org.au/donateSee omnystudio.com/listener for privacy information.

Wages are up over the past year, for the first time since 2021! Which means your real wage has increased as well, but by a small amount. Also this week, the Bureau of Statistics looked at restraint clauses, or non-compete clauses. So what do they mean for workers, and the economy as a whole? Lower wages, funnily enough. Greg Jericho is Chief Economist at the Australia Institute and the Centre for Future Work and popular columnist of Grogonomics with Guardian Australia. In Dollars & Sense, each week, Greg Jericho will dive into the latest economic figures, and explain what they can tell us about what's happening in the economy, how it will impact you and where things are headed. Recorded on Thursday 22nd February 2024. Follow us on Twitter and Instagram or visit our website. Subscribe to Between the Lines, the Australia Institute's fortnightly-ish newsletter. Host: Greg Jericho, Chief Economist, the Australia Institute and Centre for Future Work Producer: Jennifer Macey  Theme Music: Blue Dot SessionsSupport Dollars & Sense: https://nb.australiainstitute.org.au/donateSee omnystudio.com/listener for privacy information.

The Right to Disconnect is attracting criticism from business groups and others, saying it will reduce productivity. Well, it won't. And do they mean productivity, or profits? Also, how negative gearing and the capital gains tax discount delivered massive tax breaks to the rich at the expense of affordable housing for the rest of Australia. Greg Jericho is Chief Economist at the Australia Institute and the Centre for Future Work and popular columnist of Grogonomics with Guardian Australia. In Dollars & Sense, each week, Greg Jericho will dive into the latest economic figures, and explain what they can tell us about what's happening in the economy, how it will impact you and where things are headed. Recorded on Thursday 16th February 2024. Follow us on Twitter and Instagram or visit our website. Subscribe to Between the Lines, the Australia Institute's fortnightly-ish newsletter. Host: Greg Jericho, Chief Economist, the Australia Institute and Centre for Future Work Producer: Jennifer Macey  Theme Music: Blue Dot SessionsSupport Dollars & Sense: https://nb.australiainstitute.org.au/donateSee omnystudio.com/listener for privacy information.

With Michele Bullock at the helm of the RBA, there's change in the air. But do the changes extend below surface level? Where do they think inflation is going, and what about those pesky interest rates? Join us as we dive into the latest monetary news. Greg Jericho is the Chief Economist at the Australia Institute and the Centre for Future Work and popular columnist of Grogonomics with Guardian Australia. In Dollars & Sense, each week, Greg Jericho will dive into the latest economic figures, and explain what they can tell us about what's happening in the economy, how it will impact you and where things are headed. Recorded on Thursday 8th February 2024. Follow us on Twitter and Instagram or visit our website. Subscribe to Between the Lines, the Australia Institute's fortnightly-ish newsletter. Host: Greg Jericho, Chief Economist, the Australia Institute and Centre for Future Work Producer: Jennifer Macey  Theme Music: Blue Dot SessionsSupport Dollars & Sense: https://nb.australiainstitute.org.au/donateSee omnystudio.com/listener for privacy information.

The latest CPI figures show inflation has fallen, hopefully putting an end to interest rate rises for the moment. But does that mean the economy is healthy now, or is there more to it? Greg Jericho is Chief Economist at the Australia Institute and the Centre for Future Work and popular columnist of Grogonomics with Guardian Australia. In Dollars & Sense, each week, Greg Jericho will dive into the latest economic figures, and explain what they can tell us about what's happening in the economy, how it will impact you and where things are headed. Recorded on Thursday 2nd February 2024. Follow us on Twitter and Instagram or visit our website. Subscribe to Between the Lines, the Australia Institute's fortnightly-ish newsletter. Host: Greg Jericho, Chief Economist, the Australia Institute and Centre for Future Work Producer: Jennifer Macey  Theme Music: Blue Dot SessionsSupport Dollars & Sense: https://nb.australiainstitute.org.au/donateSee omnystudio.com/listener for privacy information.

The (old) Stage 3 tax cuts are dead. Long live the (revised and much improved) Stage 3 tax cuts. Some may cry 'broken promises' but it's a bit hard to make an impact with that argument when the broken promise gives most people more money in their pocket.  Greg Jericho is Chief Economist at the Australia Institute and the Centre for Future Work and popular columnist of Grogonomics with Guardian Australia. In Dollars & Sense, each week, Greg Jericho will dive into the latest economic figures, and explain what they can tell us about what's happening in the economy, how it will impact you and where things are headed. Recorded on Wednesday 24th January 2024. Follow us on Twitter and Instagram or visit our website. Subscribe to Between the Lines, the Australia Institute's fortnightly-ish newsletter. Host: Greg Jericho, Chief Economist, the Australia Institute and Centre for Future Work Producer: Jennifer Macey  Theme Music: Blue Dot SessionsSupport Dollars & Sense: https://nb.australiainstitute.org.au/donateSee omnystudio.com/listener for privacy information.

It’s quite amazing how nothing – not a pandemic, not rising interest rates – seems to do much to dampen the housing market. Amazing, that is, unless you forget that the entire focus of political pressure over the past 40 years or so has been designed to keep house prices from falling, or even abating. Greg Jericho is Chief Economist at the Australia Institute and the Centre for Future Work and popular columnist of Grogonomics with Guardian Australia. In Dollars & Sense, each week, Greg Jericho will dive into the latest economic figures, and explain what they can tell us about what's happening in the economy, how it will impact you and where things are headed. Recorded on Thursday 18th January 2024. Follow us on Twitter and Instagram or visit our website. Subscribe to Between the Lines, the Australia Institute's fortnightly-ish newsletter. Host: Greg Jericho, Chief Economist, the Australia Institute and Centre for Future Work Producer: Jennifer Macey  Theme Music: Blue Dot SessionsSupport Dollars & Sense: https://nb.australiainstitute.org.au/donateSee omnystudio.com/listener for privacy information.