Immigration and public spending are barely keeping Australia out of a recession.

On this episode of Dollars & Sense, Greg and Elinor discuss the latest GDP figures and why the Australian economy is in the toilet.

This discussion was recorded on Thursday 5 December 2024 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: Greg Jericho, Chief Economist, the Australia Institute and Centre for Future Work // @grogsgamut

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

Show notes:

‘What do the latest GDP figures tell us? That the RBA is still getting it very wrong’ by Greg Jericho, Guardian Australia (December 2024)

Wages are growing faster than inflation – but workers are $8,000 worse off than 3 years ago by David Richardson and Greg Jericho, the Australia Institute (November 2024)

‘Election FactCheck: Has the Coalition presided over the most sustained fall in Australian living standards since records began?’ by Peter Whiteford (reviewed by Roger Wilkins), The Conversation (June 2016)

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.

Immigration and public spending are barely keeping Australia out of a recession.
On this episode of Dollars &amp; Sense, Greg and Elinor discuss the latest GDP figures and why the Australian economy is in the toilet.
This discussion was recorded on Thursday 5 December 2024 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: Greg Jericho, Chief Economist, the Australia Institute and Centre for Future Work // <a href="https://bsky.app/profile/grogsgamut.bsky.social">@grogsgamut</a>
Host: 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/2024/dec/05/australia-gdp-figures-economy-september-quarter-abs">‘What do the latest GDP figures tell us? That the RBA is still getting it very wrong’</a> by Greg Jericho, Guardian Australia (December 2024)
<a href="https://australiainstitute.org.au/post/wages-are-growing-faster-than-inflation-but-workers-are-8000-worse-off-than-3-years-ago/">Wages are growing faster than inflation – but workers are $8,000 worse off than 3 years ago</a> by David Richardson and Greg Jericho, the Australia Institute (November 2024)
<a href="https://theconversation.com/election-factcheck-has-the-coalition-presided-over-the-most-sustained-fall-in-australian-living-standards-since-records-began-60327">‘Election FactCheck: Has the Coalition presided over the most sustained fall in Australian living standards since records began?’</a> by Peter Whiteford (reviewed by Roger Wilkins), The Conversation (June 2016)
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 <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.

Immigration and public spending are barely keeping Australia out of a recession.

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