Follow The Money

The Australia Institute
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Aug 21, 2024 • 25min

Wealth of nations: how Australia’s prosperity is funnelled to the ultra-rich

Australia’s flawed tax system means that there’s never been a better time to be ultra-wealthy in Australia, despite some people struggling to put food on the table. We’re told it’s a cost-of-living crisis, but not everyone is feeling the pinch. New Australia Institute research shows that the ultra-rich are getting richer, thanks in part to Australia’s distorted tax system. On this episode of Follow the Money, Dr Richard Denniss and Dave Richardson join Dr Alice Grundy to discuss the growing problem of inequality and what we can do to fix it. This discussion was recorded on Tuesday 20 August 2024 and things may have changed since recording. australiainstitute.org.au // @theausinstitute Guest: Richard Denniss, Executive Director, the Australia Institute // @RDNS_TAI Guest: David Richardson, Senior Research Fellow, the Australia Institute // @daverr01 Host: Alice Grundy, Anne Kantor Research Manager, the Australia Institute // @alicektg Show notes: Wealth and inequality in Australia by David Richardson and Frank Stilwell, the Australia Institute (August 2024) ‘The Morrison election: What we know now’ by Richard Denniss, The Monthly (June 2019) Theme music: Pulse and Thrum; additional music by 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 Follow the Money: https://nb.australiainstitute.org.au/donateSee omnystudio.com/listener for privacy information.
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Aug 14, 2024 • 37min

The road to freedom with Joseph Stiglitz

Nobel Prize-winning economist Joseph Stiglitz joins us to discuss how to create a fairer, freer society and the “fertile field” neoliberalism has created for demagogues. Columbia University Professor and former World Bank Chief Economist Joseph E Stiglitz joins Ebony Bennet on this episode of Follow the Money to discuss inequality and the rise of Trump, Australia’s “environmental deficit” and his new book, The Road to Freedom: Economics and the Good Society. This discussion was recorded on Tuesday 13 August 2024 and things may have changed since recording. australiainstitute.org.au // @theausinstitute Guest: Joseph Stiglitz, Nobel Prize-winning economist // @JosephEStiglitz Host: Ebony Bennett, Deputy Director, the Australia Institute // @ebony_bennett Theme music: Pulse and Thrum; additional music by 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 Follow the Money: https://nb.australiainstitute.org.au/donateSee omnystudio.com/listener for privacy information.
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Aug 7, 2024 • 46min

New divides with Paul Bongiorno

In this engaging discussion, veteran journalist Paul Bongiorno delves into the pressing issues shaping federal politics. He analyzes the cabinet reshuffle and the challenges facing the new minister for Home Affairs, Tony Burke. The conversation highlights the decline in public housing and its impact on social cohesion, as well as the rising tensions linked to immigration. Bongiorno also touches on economic pressures, exploring how they affect public sentiment and upcoming electoral dynamics. It's a thought-provoking look at Australia's political landscape.
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Jul 31, 2024 • 28min

How superannuation tax concessions help the rich get richer

Super tax concessions make inequality worse and are at risk of becoming more expensive than the aged pension. Superannuation tax concessions are meant to encourage saving for retirement, but the system is being gamed to help the wealthiest avoid paying tax. Australia Institute Chief Economist Greg Jericho joins Ebony Bennett on this episode of Follow the Money to bust some super myths and discuss what a fairer system should look like. This discussion was recorded on Tuesday 30 July 2024 and things may have changed since recording. australiainstitute.org.au // @theausinstitute Guest: Greg Jericho, Chief Economist, the Australia Institute // @GrogsGamut Host: Ebony Bennett, Deputy Director, the Australia Institute // @ebony_bennett Show notes: ‘Who benefits? The high cost of super tax concessions’ by Minh Ngoc Le (June 2024) ‘Superannuation tax concessions are making inequality worse’ by Greg Jericho (July 2024) Theme music: Pulse and Thrum; additional music by Blue Dot Sessions You can see Professor Joseph E Stiglitz speak live in several cities across Australia as part of the Australia Institute’s 30th anniversary celebrations. Tickets are available via our website. 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 Follow the Money: https://nb.australiainstitute.org.au/donateSee omnystudio.com/listener for privacy information.
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Jul 23, 2024 • 44min

Biden is out, Harris is in – what happens now in the US election?

On this special crossover episode of Follow the Money and After America, we discuss Biden’s decision to drop out of the campaign and why Democrats have rallied around Kamala Harris as the presumptive nominee. Ebony Bennett and Dr Emma Shortis, host of the Australia Institute’s After America podcast, reflect on Joe Biden’s legacy, his endorsement of Kamala Harris and what it could mean for the election campaign. This discussion was recorded on Monday 22 July 2024 and things may have changed since recording. australiainstitute.org.au // @theausinstitute Host: Ebony Bennett, Deputy Director, the Australia Institute // @ebony_bennett Host: Emma Shortis, Senior Research for International & Security Affairs, the Australia Institute // @EmmaShortis Theme music: Pulse and Thrum; additional music by Blue Dot Sessions You can see Professor Joseph E Stiglitz speak live in several cities across Australia as part of the Australia Institute’s 30th anniversary celebrations. Tickets are available via our website. 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 Follow the Money: https://nb.australiainstitute.org.au/donateSee omnystudio.com/listener for privacy information.
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Jul 17, 2024 • 33min

Why no seat is 'safe' anymore

The rise of independents and minor parties means that Labor and the Coalition can no longer take any race for granted. It’s said that ‘disunity is death’ in Australian politics, but – as several major party politicians found out in the 2022 election – falling in behind an unpopular policy agenda can be pretty dangerous for your career as well. On this episode of Follow the Money, Australia Institute Executive Director Richard Denniss joins Ebony Bennett to discuss the big changes taking place in Australian politics and how they might influence the next election. This discussion was recorded on Tuesday 16 July 2024 and things may have changed since recording. australiainstitute.org.au // @theausinstitute Guest: Richard Denniss, Executive Director, the Australia Institute // @RDNS_TAI Host: Ebony Bennett, Deputy Director, the Australia Institute // @ebony_bennett Show notes: Power sharing in Australian parliament by Bill Browne and Richard Denniss (July 2024) Theme music: Pulse and Thrum; additional music by Blue Dot Sessions You can see Professor Joseph E Stiglitz speak live in several cities across Australia as part of the Australia Institute’s 30th anniversary celebrations. Tickets are available via our website. 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 Follow the Money: https://nb.australiainstitute.org.au/donateSee omnystudio.com/listener for privacy information.
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Jul 10, 2024 • 23min

The fight to free Jimmy Lai

Pro-democracy activist Jimmy Lai faces life in prison in Hong Kong, but his son Sebastien and renowned human rights lawyer Jennifer Robinson are leading the charge to set him free. After escaping mainland China in the bottom of a fishing boat at the age of 12, Jimmy Lai went on to become one of the most influential people in Hong Kong. But now the founder of Hong Kong’s largest pro-democracy newspaper is facing the possibility of life in prison under China’s repressive national security law. On this episode of Follow the Money, Sebastien Lai and Jennifer Robinson, legal counsel to Julian Assange, join Ebony Bennett to discuss the fight to free Mr Lai and the global threats to freedom of the press. This discussion was recorded on Tuesday 2 July 2024 and things may have changed since recording. australiainstitute.org.au // @theausinstitute Guest: Sebastien Lai, son of Jimmy Lai // @SupportJimmyLai Guest: Jennifer Robinson, legal counsel to Jimmy Lai and Julian Assange // @suigenerisjen Host: Ebony Bennett, Deputy Director, the Australia Institute // @ebony_bennett Theme music: Pulse and Thrum; additional music by 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 Follow the Money: https://nb.australiainstitute.org.au/donateSee omnystudio.com/listener for privacy information.
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Jul 5, 2024 • 46min

Introducing After America

Introducing After America, a new Australia Institute podcast hosted by Dr Emma Shortis. Can Biden recover from a disastrous debate performance? What does the release of Julian Assange reveal about the Australia-US relationship? And is Trump’s authoritarian behaviour really an outlier in American political history? On the first episode of After America, Dr Emma Shortis reflects on the first presidential debate performance and the release of Julian Assange, before former BBC United States correspondent Nick Bryant joins the show to discuss the country’s long history of authoritarianism. You can subscribe to After America on Apple Podcasts, Spotify or wherever you get your podcasts. This discussion was recorded on Tuesday 25 June and Monday 1 July 2024 and things may have changed since recording. australiainstitute.org.au // @theausinstitute Guest: Nick Bryant, former BBC correspondent and author of The Forever War: America’s Unending Conflict with Itself // @NickBryantNY Host: Emma Shortis, Senior Research for International & Security Affairs, the Australia Institute // @EmmaShortis 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 Follow the Money: https://nb.australiainstitute.org.au/donateSee omnystudio.com/listener for privacy information.
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Jul 3, 2024 • 24min

Democracy (handle with care)

Careless political finance reforms could shift the balance in Australian democracy in favour of special interests. Will the government’s political finance reforms keep vested interests out of politics or ensure the major parties dominate Australia’s political landscape? Could South Australia’s proposed political donations ban become a model for the rest of the country? And what home-grown innovations have insulated Australia from some of the democratic backsliding seen in the United States? On this episode of Follow the Money, the Australia Institute’s Democracy & Accountability Director Bill Browne joins Ebony Bennett to discuss political finance reform. This discussion was recorded on Tuesday 2 July 2024 and things may have changed since recording. australiainstitute.org.au // @theausinstitute Guest: Bill Browne, Director, Democracy & Accountability program, the Australia Institute // @Browne90 Host: Ebony Bennett, Deputy Director, the Australia Institute // @ebony_bennett Show notes: Principles for fair political finance reform by Bill Browne, The Australia Institute (August 2023) SA’s political donation ban ambitious, but must safeguard diversity of voices, The Australia Institute (June 2024) Honest Government Ad | How to Rig Elections, Juice Media Theme music: Pulse and Thrum; additional music by 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 Follow the Money: https://nb.australiainstitute.org.au/donateSee omnystudio.com/listener for privacy information.
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Jun 26, 2024 • 32min

Don't listen to this podcast

The Coalition’s nuclear ‘plan’ is a cynical, Trump-like distraction – so why does the media (and this podcast) fall for the trap? Who will benefit most from the Coalition’s new nuclear energy plan? And why does the media fall into the trap of covering it like genuine policy? On this episode of Follow the Money, the Australia Institute’s Dr Matt Ryan and Rod Campbell discuss the Coalition’s nuclear announcement and the cost of Australia’s failure to decarbonise. This discussion was recorded on Tuesday 25 June 2024 and things may have changed since recording. australiainstitute.org.au // @theausinstitute Guest: Matt Ryan, Postdoctoral Research Fellow, the Australia Institute // @mattdjryan Guest: Roderick Campbell, Research Director, the Australia Institute // @R_o_d_C Host: Ebony Bennett, Deputy Director, the Australia Institute // @ebony_bennett Theme music: Pulse and Thrum; additional music by 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 Follow the Money: https://nb.australiainstitute.org.au/donateSee omnystudio.com/listener for privacy information.

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