RBA cuts interest rates

CBA posts record profits

Economic Roundtable next week

Turns out being Australia’s Biggest Bank is very profitable when there isn’t much competition…

On this episode of Dollars & Sense, Matt and Elinor discuss the RBA cutting interest rates five weeks too late, Australia’s biggest bank posting its biggest profit ever in an uncompetitive banking sector, and why Albanese seems to be putting a damper on expectations ahead of the economic roundtable next week.

This discussion was recorded on Thursday 14 August 2025 and things may have changed since recording.

Order What's the Big Idea? 32 Big Ideas for a Better Australia now, via the Australia Institute website.

Host: Matt Grudnoff, Senior Economist, the Australia Institute // @mattgrudnoff.bsky.social

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

Show notes:

‘Climate and the Economic Reform Roundtable’ by Jack Thrower and Rod Campbell,the Australia Institute (August 2025)

‘Solving the crisis: Raising the living standards of Australian workers’ by Lisa Heap, the Australia Institute (August 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.

Turns out being Australia&rsquo;s Biggest Bank is very profitable when there isn&rsquo;t much competition&hellip;
On this episode of Dollars &amp; Sense, Matt and Elinor discuss the RBA cutting interest rates five weeks too late, Australia&rsquo;s biggest bank posting its biggest profit ever in an uncompetitive banking sector, and why Albanese seems to be putting a damper on expectations ahead of the economic roundtable next week.
This discussion was recorded on Thursday 14 August 2025 and things may have changed since recording.
Order <a href="https://australiainstitute.org.au/store/Whats-the-Big-Idea-p697420081">What's the Big Idea? 32 Big Ideas for a Better Australia</a> now, via the Australia Institute website.
Host: Matt Grudnoff, Senior Economist, the Australia Institute //&nbsp;<a href="https://bsky.app/profile/mattgrudnoff.bsky.social">@mattgrudnoff.bsky.social</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://australiainstitute.org.au/report/climate-and-the-economic-reform-roundtable/">&lsquo;Climate and the Economic Reform Roundtable&rsquo;</a> by Jack Thrower and Rod Campbell, the Australia Institute (August 2025)
<a href="https://australiainstitute.org.au/report/solving-the-crisis-raising-the-living-standards-of-australian-workers/">&lsquo;Solving the crisis: Raising the living standards of Australian workers&rsquo;</a> by Lisa Heap, the Australia Institute (August 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>.

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.

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