Follow The Money

In this episode, Michelle Grattan joins Ben Oquist to discuss what's wrong with politics and how to fix it. This discussion, ranging from our current 'coup culture' to Julia Banks' resignation, was recorded at our Politics in the Pub event in Canberra. Host: Ebony Bennett, Deputy Director at The Australia Institute // @ebony_bennett Contributors: Michelle Grattan, Chief Political Correspondent at The Conversation // @michellegrattanBen Oquist, Executive Director at The Australia Institute // @benoquist Producer: Jennifer Macey // @jennifermaceySupport Follow the Money: https://nb.australiainstitute.org.au/donateSee omnystudio.com/listener for privacy information.

Why, after 27 years of economic growth and a mining boom, how can Australia be too broke to afford high quality rape crisis services, or to increase Newstart above the poverty line? Today you'll hear the Australia Institute's Chief Economist Richard Denniss at the official launch of his June Quarterly Essay - Dead Right: how neoliberalism ate itself and what comes next. And a language warning - Richard drops the f-bomb about halfway through.Support Follow the Money: https://nb.australiainstitute.org.au/donateSee omnystudio.com/listener for privacy information.

"the vast majority of the money being handed out is going to go to high income earners..." The Australia Institute was in the 2018 Budget Lockup, and subsequently have gone through the budget papers. Listen to two top economists break it down and give you the straight facts in a way that you won't hear from the pollies. >> Read the Australia Institute's full Budget Wrap 2018Support Follow the Money: https://nb.australiainstitute.org.au/donateSee omnystudio.com/listener for privacy information.

In a special "Pocket Money" episode of Follow the Money, released on the eve of the Budget, we discuss the 14 reasons why the case for the company tax cuts collapsed. See below for all the ways you can find our Budget analysis.  Our original episode discussing the company tax cuts can be found here. Support Follow the Money: https://nb.australiainstitute.org.au/donateSee omnystudio.com/listener for privacy information.

"Burning something to boil water to create steam is a really old-fashioned technology..." The Australia Institute has spent the hot summer days monitoring when gas and coal power plants trip, taking sometimes hundreds of megawatts of power from the grid at unpredictable times. In contrast, solar power is taking pressure of the grid by delaying peak demand by several hours on days of extreme heat. Read Mark Ogge's report Can't stand the heat.Support Follow the Money: https://nb.australiainstitute.org.au/donateSee omnystudio.com/listener for privacy information.

"Affluenza is that strange desire we feel to spend money we don't have to buy things we don't need to impress people we don't know . . ." A truly modern affliction, affluenza is endemic in Western societies, encouraged by those who profit from a culture of exploitation and waste. So how do we cure ourselves? In today's episode Ebony talks to Chief Economist Richard Denniss about why we must distinguish between consumerism and materialism. Support Follow the Money: https://nb.australiainstitute.org.au/donateSee omnystudio.com/listener for privacy information.

North Korean missile tests, resolving the South China Sea issues, ethnic cleansing in Myanmar - there is a lot happening in the defence and security policy space right, but are we engaged enough to tackle these problems in a smart way? Dr Andrew Carr of the Strategic and Defence Studies Centre at the ANU has written a new report for the Australia Institute I'm here for the argument: why bipartisanship on security makes Australia less safe.  Support Follow the Money: https://nb.australiainstitute.org.au/donateSee omnystudio.com/listener for privacy information.

Next year marks the 10th anniversary of the Global Financial Crisis. In 2008 the banks in Australia wobbled, the economy stalled, unemployment rose and the Government acted. The GFC demonstrated a failure of trickle-down economics. Ten years later, with rising populism, it is clearer now more than ever that we need a replacement to the neo-liberal economic order. What are the lessons learned from the GFC that we can use to build a new economic agenda to address inequality and inclusive growth?Support Follow the Money: https://nb.australiainstitute.org.au/donateSee omnystudio.com/listener for privacy information.

Australia's young people have been unfairly targeted by policies that have loaded them up with uni debts, locked them out of housing market and crippled them on the 'flexible' job front, and any changes that might address this imbalance are 'grandfathered' in so that they don't affect anyone who is presently in a position of power, that's what our Chief Economist Richard Denniss argues in his essay for the June edition of The Monthly - calledSupport Follow the Money: https://nb.australiainstitute.org.au/donateSee omnystudio.com/listener for privacy information.

The South Australian state government announced in late June 2017 that it was going to follow the Federal government and introduce a levy on the big banks. Episode 19 of Follow The Money, explains why the banks can absolutely afford the levy, why it's a good idea economically and just how small the levy really is compared to -- for example -- the salaries of the CEOs of the big 4 banks. Host: Deputy Director Ebony Bennett // @ebony_bennettSupport Follow the Money: https://nb.australiainstitute.org.au/donateSee omnystudio.com/listener for privacy information.