Welcome back Elinor!

House prices vs wages

Lending data (housing still cooked)

What the new government can do

Tariff corner

For housing affordability to improve, wages must grow faster than house prices.

On this episode of Dollars & Sense, Elinor returns to discover the economy does in fact still exist, before her and Greg discuss the latest wage data, house prices and Trump blinking on his China tariffs.

This discussion was recorded on Thursday 15 May 2025 and things may have changed since recording.

Order ‘After America: Australia and the new world order’ or become a foundation subscriber to Vantage Point at australiainstitute.org.au/store.

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:

‘Australia’s wage growth remains solid. But now the recovery needs to be sustained’ by Greg Jericho, Guardian Australia (May 2025)

Economist busts myths on QandA | Richard Denniss highlights, the Australia Institute (April 2025)

It’s impossible to be single and save for a deposit in Sydney – no matter how good your job is by Greg Jericho, the Australia Institute (April 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.

For housing affordability to improve, wages must grow faster than house prices.
On this episode of Dollars &amp; Sense, Elinor returns to discover the economy does in fact still exist, before her and Greg discuss the latest wage data, house prices and Trump blinking on his China tariffs.
This discussion was recorded on Thursday 15 May 2025 and things may have changed since recording.
Order &lsquo;After America: Australia and the new world order&rsquo; or become a foundation subscriber to Vantage Point at&nbsp;<a href="http://australiainstitute.org.au/store">australiainstitute.org.au/store</a>.
Host:&nbsp;Greg Jericho, Chief Economist, the Australia Institute and Centre for Future Work // <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/2025/may/15/australia-wage-growth-remains-solid-but-now-the-recovery-needs-to-be-sustained">&lsquo;Australia&rsquo;s wage growth remains solid. But now the recovery needs to be sustained&rsquo;</a> by Greg Jericho, Guardian Australia (May 2025)
<a href="https://www.youtube.com/watch?v=CAYxzRNfC6k&amp;t=1s">Economist busts myths on QandA | Richard Denniss highlights</a>, the Australia Institute (April 2025)
<a href="https://australiainstitute.org.au/post/its-impossible-to-be-single-and-save-for-a-deposit-in-sydney-no-matter-how-good-your-job-is/">It&rsquo;s impossible to be single and save for a deposit in Sydney &ndash; no matter how good your job</a> is by Greg Jericho, the Australia Institute (April 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.

For housing affordability to improve, wages must grow faster than house prices.

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