The Economy, Stupid

Who might be the next head of Australia’s central bank? How does a proposed global minimum tax work and will it bring in more revenue. Does paying big money to a sport star improve a team’s performance and the club’s bottom line?

How does Canberra distribute revenue from the Goods and Services Tax and is it fair? The U.S dollar has long been the dominant currency for world trade but can China change that? The system behind how Australians pay for everything is about to be modernised.

Why are we in a rental crisis and what can be done to improve the situation?

Can Ajay Banga, the new head of the World Bank, end poverty? Why the aged care sector continues to struggle. Cyber attacks — a risk that can be managed ?

Two economists unpack and debate the idea that higher unemployment is needed to contain inflation. Short term thinking might be expedient in business and politics but could taking a really long view be better?

Cost of living increases are forcing many to change their spending. But not everything is down and not all groups are under pressure. Wade Tubman crunches the numbers. Why mega projects so often fail to deliver on time and on budget. Dan Gardner investigates what's going wrong and how to get it right.

George Megalogenis and Frank Bongiorno provide their analysis on this budget and where they sit in history.

The US government debit limit and increasing inequality in Australia and how to improve overall productivity.

What is the latest prediction of where the global economy is heading? The clues are in Mona Lisa's smile. And how to protect future generations? Wales is leading the way.

The RBA review is in with 51 recommendations. Full employment is discussed but what does this look like in Australia?

Credit card debt is on the rise so too is the interest paid federally to service our debt. What can be done to reduce both? And the cat and mouse game of insurance.

Insights into the RBA's recent decision; why are we so blase to another banking crisis and a manufacturing revival.

A Vice-Chancellor shares his ideas on how to ease the pain when attaining a degree and how does a family of four compare to CPI weightings on household expenditure.

Banking contagion and the question of job creation either through submarines and then, AI.

How young Australians can reclaim their uncertain future and what are central bankers talking about amongst themselves?

How to better equip countries and regions with insurance for climate disasters and reviewing the migration system.

The aged care sector is haemorrhaging money. Why?

How the consulting industry has taken centre state in the private and public sphere and how has the Russian invasion of Ukraine twelve months on affected the economy.

What are the reasons behind the interest rate increases and why has the narrative recently shifted in how we're talking about it?

How to better reform Medicare; why we should reform the fuel tax credit scheme and the great inflation debate.

What are sustainable financial taxonomies and why do we need them and why we need to regulate buy now pay later services.

Major shifts in global trading blocs and how is the loneliness epidemic affecting China's economy?

What should be included when measuring the health of an economy and nation?

The business model of online sports betting.

What is the economic model of streaming, both music and video, and who benefits?

Devastating floods, droughts and storms have been a feature of 2022. How can economics help, or not, with the effects of climate change?

The economics of sanctions and how the West enables oligarchs.

The Money explains how the Australian economy and everything in it works.

There are increases in energy prices and in the number of people sleeping rough. Both of these topics will be discussed as well as what lies ahead next year.

Inflation, jobs and taxation. What is the latest data telling us and what are the challenges for a tax state like Australia in the near future?

The Money looks at what else can be done about wages; where countries are turning for financial assistance and the correlation between climate change and autocratic rule.

The cost of this year's floods and how we're been caught up in chokepoint capitalism.

Industrial relations in Denmark and the very expensive US mid-term elections.

The rental crisis. Why is it happening and what can be done about it?

What makes this federal budget different from previous ones and how do you accommodate domestic and international economic pressures. And, a pivotal moment for world economic policy.

The wider implications for the global economy coming out of the Chinese Communist Party Congress.

The taxing question of how much tax we should be paying and what type of tax. And book publishing, how is the industry adapting to increased paper prices and supply and issues.

Why aren't the banks passing on higher savings rates; copper demand and supply rates are problematic for a greener economy and sovereign capabilities.

Measuring the health of an economy and of a nation, what are the variables that should be included, beyond GDP?

The big business of sports betting and all that it involves.

What economic value does the British monarch bring to the UK economy and the complexities of streaming services

What is the RBA Governor Philip Lowe actually saying? What's happening within the Chinese economy and the bank of mum and dad.

Changing jobs can help improve wages but there needs to be better support in place to help people make the leap. Better support with increased wages and better working conditions will also be discussed for those, mainly women, working in the care economy. And why are we still so financially and mentally stressed with the re-opening of the economy and record high employment levels?

Labor MP Andrew Leigh discusses why Australia's productivity has slowed down and most importantly how we can reignite the economy.

The Albanese Government has released a discussion paper outlining changes to the safeguard mechanism ensuring high industrial polluters decarbonise to levels set. Hugh Grossman from RepuTex Energy explains what this means. Meanwhile the University of Queensland in conjunction with the WWF-Australia have put a dollar figure on how much funding is needed to repair the damage to habitat caused by the Black Summer Fires. Dr Michelle Ward breaks down the numbers. And green capitalism. Adrienne Buller discusses why acting on climate change through the prism of capital markets does not work in her book, The Value of a Whale.

With the increasing popularity of digital currencies, the RBA is exploring its own central bank digital currency. The Deputy Governor of the RBA Michele Bullock, explains how it might work. To assist in preparing for increases in inflation, the ABS will release monthly CPI indicators. Australia's Statistician Dr David Gruen talks through the advantages. And how to improve trade between countries. Economist at the ANU Andrew Stoeckel discusses what steps we should take.

New Zealand is not only two hours ahead of the east cost of Australia, it's also seven months ahead of us when it comes to increasing interest rates. Can we learn anything from their experience? ANZ economist Madeline Dunk talks about the Demand across the ditch report. Meanwhile economist and former RBA board member Warwick McKibbin discusses the RBA's pursuit of its inflation target and whether there's a better way? And the Russian economy. Some commentators say sanctions and the exit of global businesses has not had the desired effect. Yale University's Steven Tian uses comprehensive data to argue it's having a devasting effect.

Treasurer Jim Chalmers delivered his 'confronting' statement on the economy and budget outlook at Parliament today. Economist Danielle Wood from the Grattan Institute provides her analysis. On top of these economy woes is a potential outbreak of foot and mouth disease. A worse case scenario estimates a cost of eighty billion dollars over ten years. That doesn't include the costs to tourism or mental health but it does put into perspective why we spend so much on biosecurity measures. The University of New England's Susie Hester explains. And the enablers. An estimated two trillion US dollars of illicit funds, stolen by corrupt officials and transnational organised crime, flows into the West's capital markets every year. So how does it get there? Frank Vogl exposes who the enablers are and what can be done to stop them.

Health staff across Australia have been telling us for years, there's a crisis within our health system, particularly with our public hospitals. It does have a lot to do with our funding model but there are also problems outside the hospital system that need attention. Jennifer Doggett from the Centre for Health Policy Development explains. And the debate about working from home continues with disparities between what employers and employees want. Some interesting studies in the US have highlighted how it is affecting the labour force but also, inflation. Ragan Petrie, an applied microeconomist who holds positions in Australia and US, discusses these findings.

Federal Treasurer Jim Chalmers plans to introduce a Wellbeing Budget, based on New Zealand's experience. Suzi Morrissey, from the Wellbeing Economy Alliance Aotearoa, explains what this entails. Caleb Goods from the University of Western Australia discusses what the agreement between food delivery company Uber and the Transport Workers Union means to gig workers and how a new Federal Government might drive some of these changes? And multinationals. They are a large part of the Australian economy and landscape and according to Professor Simon Ville from the University of Wollongong, a historical perspective is important for shaping today's policies. His analysis is included in the book Lessons from History.