Quarterly GDP growth sucked

Minimum & award wage increase

TACO: Trump always chickens out

The latest data shows that economy is really struggling and the Reserve Bank got it wrong (again). Plus: TACO corner.

On this episode of Dollars & Sense, Greg and Elinor discuss the latest quarterly GDP figures, why the above-inflation increase to minimum and award wages is a good thing, and the latest from Tariffland.

This discussion was recorded on Thursday 5 June 2025 and things may have changed since recording.

Our independence is our strength – and only you can make that possible. By donating to the Australia Institute’s End of Financial Year appeal today, you'll help fund the research changing Australia for the better.

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:

The good news? Household living standards are on the rise. The bad news? Just about everything else by Greg Jericho, Guardian Australia (June 2025)

The continuing irrelevance of minimum wages to future inflation 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.

The latest data shows that economy is really struggling and the Reserve Bank got it wrong (again). Plus: TACO corner.
On this episode of Dollars &amp; Sense, Greg and Elinor discuss the latest quarterly GDP figures, why the above-inflation increase to minimum and award wages is a good thing, and the latest from Tariffland.
This discussion was recorded on Thursday 5 June 2025 and things may have changed since recording.
Our independence is our strength &ndash; and only you can make that possible. By donating to the Australia Institute&rsquo;s <a href="https://theaus.in/EOFY2025DS">End of Financial Year appeal</a> today, you'll help fund the research changing Australia for the better.
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/jun/05/the-good-news-household-living-standards-are-on-the-rise-the-bad-news-just-about-everything-else">The good news? Household living standards are on the rise. The bad news? Just about everything else</a> by Greg Jericho, Guardian Australia (June 2025)
<a href="https://australiainstitute.org.au/post/the-continuing-irrelevance-of-minimum-wages-to-future-inflation-2/">The continuing irrelevance of minimum wages to future inflation</a> 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.

The latest data shows that economy is really struggling and the Reserve Bank got it wrong (again). Plus: TACO corner.

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