

The Economy, Stupid
ABC listen
Formerly The Money, The Economy, Stupid is your weekly guide to the world of business, economics and finance. Every Thursday, economist Peter Martin is joined by a team of sharp young thinkers for a fresh conversation about the financial stories making headlines and how they might affect you.
Episodes
Mentioned books

Oct 30, 2025 • 29min
Why the official inflation rate feels wrong
Kevin Fox, head of the UNSW Centre for Applied Economic Research, and Amy Oster, former Treasury economist and head of Policy Institute Australia, discuss the nuances behind the rising official inflation rate. They explore how perceptions of inflation can differ from reality due to frequently purchased items feeling more impactful. Kevin explains the complexities of the Consumer Price Index (CPI) and the recent integration of scanner data to improve accuracy. They also highlight the importance of rough price shifts since COVID and the need for ongoing adjustments in economic measures.

Oct 23, 2025 • 30min
Australia is 'freaking amazing' - will that last?
Justin Wolfers, an economist and public policy professor, discusses Australia’s economic success, attributing high living standards to strong institutions. He contrasts Australia's inclusive institutions with Argentina's extractive ones. Nikki Hutley, a macroeconomist and Climate Council councillor, highlights issues of inequality and climate inaction. Both guests emphasize the need to defend these institutions and advocate for a cooperative mindset over zero-sum thinking. Despite challenges, they express hope for Australia's future and the potential to export its model.

Oct 16, 2025 • 30min
'Sexually transmitted tax debt'
Hidden debts, coercive control — and why the tax system can punish people most in need of help.

Oct 9, 2025 • 30min
The great Australian wealth gap
The rich keep getting richer while millions are falling behind. What future awaits us all?

Oct 2, 2025 • 30min
Superannuation: Are We Saving More Than We Need?
Most Australians die with more money than they retired with. Are we squirrelling away too much into super — and if so, who benefits?

Sep 25, 2025 • 30min
Each Generation Better Off?
Every Australian generation has expected to be more prosperous, healthier and safer than the last. But the latest national wellbeing data tells a more complicated story.

Sep 18, 2025 • 29min
Australia's 2035 Climate Target: Economic Hit or Miss?
In this discussion, Anna Scarbeck, Chief Executive of ClimateWorks, and Michael Yander, ABC Business Editor, delve into Australia's ambitious 2035 climate target. They debate the balance between political caution and scientific ambition, exploring the economic implications of meeting these goals. The conversation highlights various policy options, including carbon pricing and sector plans, while assessing the urgency of action in light of potential economic risks. Their insights reveal whether this target is a strategic move or a missed opportunity.

Sep 11, 2025 • 30min
When Trade Wars Hit Home
Amelia Terzon, an ABC National business reporter, and Felicity Dean, a trade law expert from the Queensland University of Technology, dive into the impacts of new U.S. trade barriers on Australian businesses. They discuss how rising tariffs are squeezing small retailers and complicating shipping regulations. The conversation shifts to the legal battles surrounding these tariffs and their potential consequences on the separation of powers. The urgency of navigating chaotic grant applications and future Supreme Court decisions adds to the pressing stakes for international trade.

Sep 4, 2025 • 29min
The Economy is Growing - But Will You Be Better Off?
Australia's GDP is climbing, but is that making life better for everyday citizens? The podcast digs into the gap between economic metrics and personal experiences. It critiques traditional measures like GDP and GNI, exploring their real implications on well-being. Global trade is surprisingly resilient against tariffs, raising questions about future economic literacy. Geopolitical tensions with the US and China pose unique challenges, while the discussion on well-being indicators urges caution in interpreting market trends.

Aug 28, 2025 • 30min
Can We Really Trust the Banks Again?
James Ayres, a banking specialist, and Megan Flamer, a tech entrepreneur, delve into the tumultuous journey of Australia's banks after the Royal Commission scandal. They discuss how the Commonwealth Bank maintains its dominance and consumer loyalty amidst public skepticism. The conversation covers the complexities of banking fees that impact consumer trust, ethical dilemmas in workplace monitoring, and the humorous struggles of compliance in a return-to-office culture. Can the banking sector truly regain trust in a time of innovation and scrutiny?


