It’s been nearly two decades since Australians have felt the sting of interest rates this high.

Reserve Bank governor Michele Bullock says persistent inflation has forced the RBA to hike the official cash rate for the fifth time this year.

But some experts fear the bank may have gone too far – risking tipping Australia into a recession.

Today, Australia Institute chief economist Greg Jericho on why the RBA may have got it wrong, and the big corporate inflation-driver no one seems to be talking about.

 

If you enjoy 7am, the best way you can support us is by making a contribution at 7ampodcast.com.au/support.

 

Socials:Stay in touch with us on Instagram

Guest: Australia Institute chief economist, Greg Jericho

Photo: AAP Image/Dean Lewins

It&rsquo;s been nearly two decades since Australians have felt the sting of interest rates this high.
Reserve Bank governor Michele Bullock says persistent inflation has forced the RBA to hike the official cash rate for the fifth time this year.
But some experts fear the bank may have gone too far &ndash; risking tipping Australia into a recession.
Today, Australia Institute chief economist Greg Jericho on why the RBA may have got it wrong, and the big corporate inflation-driver no one seems to be talking about.
&nbsp;
If you enjoy 7am, the best way you can support us is by making a contribution at <a href="http://7ampodcast.com.au/support">7ampodcast.com.au/support</a>.
&nbsp;
Socials: Stay in touch with us on <a href="http://www.instagram.com/7ampodcast">Instagram</a>
Guest: Australia Institute chief economist, Greg Jericho
Photo:&nbsp;AAP Image/Dean Lewins

An independent daily news show. We feature the country’s best reporters, covering the news as it affects Australia. This is news with narrative, every weekday.

An independent daily news show. We feature the country&rsquo;s best reporters, covering the news as it affects Australia. This is news with narrative, every weekday.

Is the RBA fighting the wrong inflation problem?

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/f076ec6a-2a81-47f7-9ef1-b4f700398a1b/transcript

Democracy Now! founder Amy Goodman has spent decades trying to hold power to account. From wars to humanitarian crises – she’s covered the biggest events of our time. 

Now, she’s sharing her insights on the future of media and politics, and the Australian stories that have stayed with her. 

Today, Amy Goodman on the new documentary detailing her life's work, how she refuses to trade truth for access, and the future of the media in the Western world. 

 

If you enjoy 7am, the best way you can support us is by making a contribution at 7ampodcast.com.au/support.

 

Socials:Stay in touch with us on Instagram

Guest: Democracy Now! Founder Amy Goodman

Photo: Supplied

Democracy Now! founder Amy Goodman has spent decades trying to hold power to account. From wars to humanitarian crises &ndash; she&rsquo;s covered the biggest events of our time.&nbsp;
Now, she&rsquo;s sharing her insights on the future of media and politics, and the Australian stories that have stayed with her.&nbsp;
Today, Amy Goodman on the new documentary detailing her life's work, how she refuses to trade truth for access, and the future of the media in the Western world.&nbsp;
&nbsp;
If you enjoy 7am, the best way you can support us is by making a contribution at <a href="http://7ampodcast.com.au/support">7ampodcast.com.au/support</a>.
&nbsp;
Socials: Stay in touch with us on <a href="http://www.instagram.com/7ampodcast">Instagram</a>
Guest: Democracy Now! Founder Amy Goodman
Photo:&nbsp;Supplied

“It’s dissent that will save us”: Amy Goodman’s mission to fight the power

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/cc1242b7-743d-45a5-a1ca-b4f3003f04b7/transcript

When Donald Trump returned to the White House, he promised Americans a new era of prosperity.

Now, as Americans prepare to vote in midterm elections, that promise is being tested, and the voters who put Trump in power could determine how much of that power he has left.

With polls showing Democrats well placed to retake the House, and the Senate also within reach, Republican candidates are wrestling with the political cost of the president's unfulfilled promises, while Democrats hope to turn disillusionment into a political comeback after years of MAGA.

Today, Director of the Australia Institute’s International and Security Affairs Program, Emma Shortis on an election that will test how deeply Trump has changed America, and whether another vision of the country can take hold. 

 

If you enjoy 7am, the best way you can support us is by making a contribution at 7ampodcast.com.au/support.

 

Socials:Stay in touch with us on Instagram

Guest: Director of the Australia Institute’s International Affairs Program, Emma Shortis 

Photo: AP Photo/Alex Brandon

When Donald Trump returned to the White House, he promised Americans a new era of prosperity.
Now, as Americans prepare to vote in midterm elections, that promise is being tested, and the voters who put Trump in power could determine how much of that power he has left.
With polls showing Democrats well placed to retake the House, and the Senate also within reach, Republican candidates are wrestling with the political cost of the president's unfulfilled promises, while Democrats hope to turn disillusionment into a political comeback after years of MAGA.
Today, Director of the Australia Institute&rsquo;s International and Security Affairs Program, Emma Shortis on an election that will test how deeply Trump has changed America, and whether another vision of the country can take hold.&nbsp;
&nbsp;
If you enjoy 7am, the best way you can support us is by making a contribution at <a href="http://7ampodcast.com.au/support">7ampodcast.com.au/support</a>.
&nbsp;
Socials: Stay in touch with us on <a href="http://www.instagram.com/7ampodcast">Instagram</a>
Guest: Director of the Australia Institute&rsquo;s International Affairs Program, Emma Shortis&nbsp;
Photo:&nbsp;AP Photo/Alex Brandon

Trump’s midterm reckoning

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/8b5afbbc-030a-47e3-a71b-b4f300285d6f/transcript

Shenane Hogg spent nine months in a coma after suffering abuse at the hands of her partner. During her recovery, she discovered her abuser had amassed $56,000 of debt in her name.

Shenane’s story is just one of many that was heard at a parliamentary inquiry into how the financial system can be used to abuse women.

The inquiry heard chilling evidence of a sharp rise in financial abuse that can manifest as offensive and threatening messages in streams of bank transfers, raiding of a partner’s super benefits, or making them liable for joint debts.

This month, the Albanese government finally responded to that parliamentary inquiry, saying it supports, or supports in principle, 58 of the inquiry's 61 recommendations – but many of the proposed reforms are yet to be implemented.

Today, journalist Karen Barlow on the cost of financial abuse, and why we’re failing to prevent it.

This episode first aired in July, 2024.

 

If you enjoy 7am, the best way you can support us is by making a contribution at 7ampodcast.com.au/support.

 

Socials:Stay in touch with us on Instagram

Guest: Chief political correspondent for The Saturday Paper Karen Barlow.

Photo: AAP Image/Diego Fedele

Shenane Hogg spent nine months in a coma after suffering abuse at the hands of her partner. During her recovery, she discovered her abuser had amassed $56,000 of debt in her name.
Shenane&rsquo;s story is just one of many that was heard at a parliamentary inquiry into how the financial system can be used to abuse women.
The inquiry heard chilling evidence of a sharp rise in financial abuse that can manifest as offensive and threatening messages in streams of bank transfers, raiding of a partner&rsquo;s super benefits, or making them liable for joint debts.
This month, the Albanese government finally responded to that parliamentary inquiry, saying it supports, or supports in principle, 58 of the inquiry's 61 recommendations &ndash; but many of the proposed reforms are yet to be implemented.
Today, journalist Karen Barlow on the cost of financial abuse, and why we&rsquo;re failing to prevent it.
This episode first aired in July, 2024.
&nbsp;
If you enjoy 7am, the best way you can support us is by making a contribution at <a href="http://7ampodcast.com.au/support">7ampodcast.com.au/support</a>.
&nbsp;
Socials: Stay in touch with us on <a href="http://www.instagram.com/7ampodcast">Instagram</a>
Guest: Chief political correspondent for The Saturday Paper Karen Barlow.
Photo:&nbsp;AAP Image/Diego Fedele

The surge in financial abuse against women

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/400915c0-e4d5-4d43-b7f7-b4f300285b3a/transcript

Is the RBA fighting the wrong inflation problem?

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