The privatisation of Australian high school education, originally led by the Howard government, has caused prices to soar.

On this episode of Dollars & Sense, Greg and Elinor discuss the Reserve Bank’s decision to raise interest rates and the absurdity of elite private schools receiving substantial public funding.

This discussion was recorded on Thursday 5 February 2026.

A time for Bravery: what happens when Australia chooses courage is available now via Australia Institute Press. Use the code ‘POD5’ to get $5 off the regular price – offer available for a limited time only.

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

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

Show notes:

Australian high schools the most expensive in the world – new research, the Australia Institute (February 2026)

What are the odds? The RBA has raised interest rates – for no real reason other than to meet the desires of speculators by Greg Jericho, Guardian Australia (February 2026)

“They rushed this”: why the Reserve Bank got it wrong by raising rates, Follow the Money, the Australia Institute (February 2026)

RBA rate rise: we're in for a bumpy ride by Matt Grudnoff, The Point (January 2026)

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.