Housing changes to improve affordability

Taxing trusts

NDIS cuts & no gas tax

Coverage of the budget so far

Real wages are down

The government’s changes to capital gains and negative gearing will begin to undo decades of damage to the housing market caused by Howard-era policies – so will Elinor actually be able to buy a house?

On this episode of Dollars & Sense, Greg and Elinor discuss the federal budget, the latest wages data, and why the government is making Australian workers wait-o for the WATO.

This discussion was recorded on Thursday 14 May 2026.

Visit The Point for research, analysis, explainers and factchecks from experts at the Australia Institute and beyond.

Host: Greg Jericho, Chief Economist, the Australia Institute // @grogsgamut

Host: Elinor Johnston-Leek, Senior Content Producer, the Australia Institute // @elinorjohnstonleek

Show notes:

Australian workers have been hard done by and tax reforms in the budget only begin to return some fairnessby Greg Jericho, Guardian Australia (May 2026)

The budget in seven graphs: no big surprises but this may be one of the most ambitious moves to fix Australia’s finances by Greg Jericho, Guardian Australia (May 2026)

Budget 2026: serious housing reforms but a missed opportunity to tax gas exports, Follow the Money, the Australia Institute (May 2026)

Budget 2026: Treasurer's speech, annotated by Greg Jericho,The Point (May 2026)

Submission to the Select Committee on the Operation of the Capital Gains Tax Discount by Matt Grudnoff and Greg Jericho, the Australia Institute (December 2025)

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. Subscribe to Dollars & Sense on Apple Podcasts, Spotify, Pocket Casts or wherever you get your favourite podcasts.

The government&rsquo;s changes to capital gains and negative gearing will begin to undo decades of damage to the housing market caused by Howard-era policies &ndash; so will Elinor actually be able to buy a house?
On this episode of Dollars &amp; Sense, Greg and Elinor discuss the federal budget, the latest wages data, and why the government is making Australian workers wait-o for the WATO.
This discussion was recorded on Thursday 14 May 2026.
Visit <a href="https://thepoint.com.au/">The Point</a> for research, analysis, explainers and factchecks from experts at the Australia Institute and beyond.
Host:&nbsp;Greg Jericho, Chief Economist, the Australia Institute // <a href="https://bsky.app/profile/grogsgamut.bsky.social">@grogsgamut</a>
Host:&nbsp;Elinor Johnston-Leek, Senior Content Producer, the Australia Institute // <a href="https://bsky.app/profile/elinorjohnstonleek.bsky.social">@elinorjohnstonleek</a>
Show notes:
<a href="https://www.theguardian.com/business/grogonomics/2026/may/14/cgt-capital-gains-tax-australian-workers-hard-done-by-budget-tax-reforms-fairness">Australian workers have been hard done by and tax reforms in the budget only begin to return some fairness</a> by Greg Jericho, Guardian Australia (May 2026)
<a href="https://www.theguardian.com/australia-news/grogonomics/2026/may/12/the-budget-in-seven-graphs-no-big-surprises-but-this-may-be-one-of-the-most-ambitious-moves-to-fix-australias-finances">The budget in seven graphs: no big surprises but this may be one of the most ambitious moves to fix Australia&rsquo;s finances</a> by Greg Jericho, Guardian Australia (May 2026)
<a href="https://australiainstitute.org.au/post/budget-2026-serious-housing-reforms-but-a-missed-opportunity-to-tax-gas-exports/">Budget 2026: serious housing reforms but a missed opportunity to tax gas exports</a>, Follow the Money, the Australia Institute (May 2026)
<a href="https://thepoint.com.au/explainers/260512-budget-2026-treasurers-speech-annotated-by-greg-jericho">Budget 2026: Treasurer's speech, annotated</a> by Greg Jericho, The Point (May 2026)
<a href="https://australiainstitute.org.au/report/submission-to-the-select-committee-on-the-operation-of-the-capital-gains-tax-discount/">Submission to the Select Committee on the Operation of the Capital Gains Tax Discount</a> by Matt Grudnoff and Greg Jericho, the Australia Institute (December 2025)
Theme music:&nbsp;Blue Dot Sessions
We&rsquo;d love to hear your feedback on this series, so send in your questions, comments or suggestions for future episodes to <a href="mailto:podcasts@australiainstitute.org.au">podcasts@australiainstitute.org.au</a>. Subscribe to&nbsp;Dollars&nbsp;&amp;&nbsp;Sense&nbsp;on&nbsp;<a href="https://podcasts.apple.com/au/podcast/dollars-sense/id1717300562">Apple Podcasts</a>,&nbsp;<a href="https://open.spotify.com/show/5FWzwVKWUR2tZCbXSKuBE2?si=1c2f3558cc6d44ab">Spotify</a>,&nbsp;<a href="https://pocketcasts.com/podcast/dollars-sense/9cc37d00-6a4f-013c-9f4c-0acc26574db2">Pocket Casts</a>&nbsp;or wherever you get your favourite podcasts.

Economic data can tell us a lot about what's happening the economy and society, but it's easy to get lost in data. Dollars and Sense dives into the latest economic figures to explain how they impact you and what they tell us about the state of the Australian economy, with host Greg Jericho, Chief Economist at the Australia Institute and the Centre for Future Work and popular columnist of Grogonomics with Guardian Australia.

Economic data can tell us a lot about what's happening the economy and society, but it's easy to get lost in data. Dollars and Sense dives into the latest economic figures to explain how they impact you and what they tell us about the state of the Australian economy, with host Greg Jericho, Chief Economist at the Australia Institute and the Centre for Future Work and popular columnist of Grogonomics with Guardian Australia.

Dollars & Sense

Dollars & Sense demystifies the latest economic figures, how they impact you and what they can tell us about the economy, with host with Greg Jericho, Chief Economist at the Australia Institute and Centre for Future Work, and author of Guardian Australia's Grogonomics column.  

Dollars &amp; Sense demystifies the latest economic figures, how they impact you and what they can tell us about the economy, with host with Greg Jericho, Chief Economist at the Australia Institute and Centre for Future Work, and author of Guardian Australia's Grogonomics column.

The government’s changes to capital gains and negative gearing will begin to undo decades of damage to the housing market caused by Howard-era policies – so will Elinor actually be able to buy a house?