Super profits have driven up inflation, robbing all but the wealthiest Australians, says Greg Jericho.

On this episode of Dollars & Sense, Greg and Elinor discuss the Greens’ ‘Robin Hood’ tax proposal, post-pandemic profits and the latest inflation data.

Greg Jericho is Chief Economist at the Australia Institute and the Centre for Future Work and popular columnist of Grogonomics with Guardian Australia. Each week on Dollars & Sense, Greg dives into the latest economic figures to explain what they can tell us about what’s happening in the economy, how it will impact you and where things are headed.

australiainstitute.org.au // @theausinstitute

Host: Greg Jericho, Chief Economist, the Australia Institute and Centre for Future Work // @GrogsGamut

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

Show notes:

‘Unemployment is rising and Australia’s economy is weak – but don’t hit the recession alarm just yet’ by Greg Jericho, Guardian Australia (August 2024)

A stronger PRRT cap: A fairer way to tax gas super profits by Greg Jericho, The Australia Institute

War gains: LNG Windfall Profits 2022 by Mark Ogge, The Australia Institute (October 2022)

Principles of a good tax: Evaluating our taxation choices by Matt Grudnoff, Greg Jericho and David Richardson, The Australia Institute (August 2021)

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.