The Reserve Bank is home to the experts on monetary policy – but what happens when they get it wrong?

On this episode of Follow the Money, Greg Jericho and Matt Grudnoff join Ebony Bennett to discuss the latest GDP figures, the real drivers of inflation and how the Reserve Bank misread the state of the economy.

This discussion was recorded on Tuesday 10 September 2024 and things may have changed since recording.

australiainstitute.org.au // @theausinstitute

Guest: Greg Jericho, Chief Economist, the Australia Institute // @GrogsGamut

Guest: Matt Grudnoff, Senior Economist, the Australia Institute // @MattGrudnoff

Host: Ebony Bennett, Deputy Director, the Australia Institute // @ebony_bennett

Theme music: Pulse and Thrum; additional music by 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 Reserve Bank is home to the experts on monetary policy – but what happens when they get it wrong?
On this episode of Follow the Money, Greg Jericho and Matt Grudnoff join Ebony Bennett to discuss the latest GDP figures, the real drivers of inflation and how the Reserve Bank misread the state of the economy.
This discussion was recorded on Tuesday 10 September 2024 and things may have changed since recording.
<a href="https://australiainstitute.org.au/">australiainstitute.org.au</a> // <a href="http://twitter.com/theausinstitute">@theausinstitute</a>
Guest: Greg Jericho, Chief Economist, the Australia Institute // <a href="https://x.com/GrogsGamut">@GrogsGamut</a>
Guest: Matt Grudnoff, Senior Economist, the Australia Institute // <a href="https://x.com/MattGrudnoff">@MattGrudnoff</a>
Host: Ebony Bennett, Deputy Director, the Australia Institute // <a href="https://x.com/ebony_bennett">@ebony_bennett</a>
Theme music: Pulse and Thrum; additional music by 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>.

Economics and politics explained in plain English

Economics and politics explained in plain English

Follow The Money

Economics, politics and policy explained in plain English.

Economics, politics and policy explained in plain English.

The Reserve Bank is home to the experts on monetary policy – but what happens when they get it wrong?

Nothing in reserve: households "smashed" by rate hikes

By relying on uncertain and unethical carbon offsets to combat the climate crisis, society is setting itself on a path to destruction, George Monbiot says.

On this episode of Follow the Money, George Monbiot, Guardian columnist and co-author of The Invisible Doctrine: The Secret History of Neoliberalism, joins the Australia Institute’s Polly Hemming to discuss the impact of neoliberalism on our climate, the folly of carbon offsets, and why “bollocks” incrementalism won’t lead to systemic change.

Join President José Ramos-Horta at 6pm AEDT, Tuesday 8 October for an evening of conversation at the Sydney Opera House, presented by the Australia Institute as part of its 30 Years of Big Ideas.

This discussion was recorded live on Thursday 19 September 2024 and things may have changed since recording.

australiainstitute.org.au // @theausinstitute

Guest: George Monbiot, author, columnist and environmental campaigner // @GeorgeMonbiot

Host: Polly Hemming, Climate & Energy Director, the Australia Institute // @pollyjhemming

Host: Ebony Bennett, Deputy Director, the Australia Institute // @ebony_bennett

Show notes:

The Invisible Doctrine: The Secret History of Neoliberalism by Peter Hutchison and George Monbiot (June 2024)

Coal Mine Tracker, The Australia Institute

‘Coal Mine Approvals Undermine Climate Goals, Government Rhetoric’, The Australia Institute (September 2024)

Theme music: Pulse and Thrum; additional music by 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.

By relying on uncertain and unethical carbon offsets to combat the climate crisis, society is setting itself on a path to destruction, George Monbiot says.
On this episode of Follow the Money, George Monbiot, Guardian columnist and co-author of The Invisible Doctrine: The Secret History of Neoliberalism, joins the Australia Institute’s Polly Hemming to discuss the impact of neoliberalism on our climate, the folly of carbon offsets, and why “bollocks” incrementalism won’t lead to systemic change.
<a href="https://www.sydneyoperahouse.com/talks-and-ideas/value-independence-lessons-learned-timor-lestes-path-freedom">Join President José Ramos-Horta</a> at 6pm AEDT, Tuesday 8 October for an evening of conversation at the Sydney Opera House, presented by the Australia Institute as part of its 30 Years of Big Ideas.
This discussion was recorded live on Thursday 19 September 2024 and things may have changed since recording.
<a href="https://australiainstitute.org.au/">australiainstitute.org.au</a> // <a href="http://twitter.com/theausinstitute">@theausinstitute</a>
Guest: George Monbiot, author, columnist and environmental campaigner // <a href="https://x.com/GeorgeMonbiot">@GeorgeMonbiot</a>
Host: Polly Hemming, Climate &amp; Energy Director, the Australia Institute // <a href="https://x.com/pollyjhemming">@pollyjhemming</a>
Host: Ebony Bennett, Deputy Director, the Australia Institute // <a href="https://x.com/ebony_bennett">@ebony_bennett</a>
Show notes:
<a href="https://www.penguin.com.au/books/the-invisible-doctrine-9780241635902">The Invisible Doctrine: The Secret History of Neoliberalism</a> by Peter Hutchison and George Monbiot (June 2024)
<a href="https://australiainstitute.org.au/initiative/coal-mine-tracker/">Coal Mine Tracker</a>, The Australia Institute
<a href="https://australiainstitute.org.au/post/coal-mine-approvals-undermine-climate-goals-government-rhetoric/">‘Coal Mine Approvals Undermine Climate Goals, Government Rhetoric’</a>, The Australia Institute (September 2024)
Theme music: Pulse and Thrum; additional music by 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>.

By relying on uncertain and unethical carbon offsets to combat the climate crisis, society is setting itself on a path to destruction, George Monbiot says.

Offsetting into oblivion with George Monbiot

The mining industry had a pre-election sook last week about government policy, but its claims about being the ‘backbone’ of the economy are more spin than substance.

On this episode of Follow the Money, Australia Institute Executive Director Richard Denniss joins Ebony Bennett to discuss mining’s latest PR offensive and why politicians shouldn’t fear standing up to the industry.

Join President José Ramos-Horta at 6pm AEDT, Tuesday 8 October for an evening of conversation at the Sydney Opera House, presented by the Australia Institute as part of its 30 Years of Big Ideas.

This discussion was recorded on Tuesday 17 September 2024 and things may have changed since recording.

australiainstitute.org.au // @theausinstitute

Guest: Richard Denniss, Executive Director, the Australia Institute // @RDNS_TAI

Host: Ebony Bennett, Deputy Director, the Australia Institute // @ebony_bennett

Theme music: Pulse and Thrum; additional music by 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 mining industry had a pre-election sook last week about government policy, but its claims about being the ‘backbone’ of the economy are more spin than substance.
On this episode of Follow the Money, Australia Institute Executive Director Richard Denniss joins Ebony Bennett to discuss mining’s latest PR offensive and why politicians shouldn’t fear standing up to the industry.
<a href="https://www.sydneyoperahouse.com/talks-and-ideas/value-independence-lessons-learned-timor-lestes-path-freedom">Join President José Ramos-Horta</a> at 6pm AEDT, Tuesday 8 October for an evening of conversation at the Sydney Opera House, presented by the Australia Institute as part of its 30 Years of Big Ideas.
This discussion was recorded on Tuesday 17 September 2024 and things may have changed since recording.
<a href="https://australiainstitute.org.au/">australiainstitute.org.au</a> // <a href="http://twitter.com/theausinstitute">@theausinstitute</a>
Guest: Richard Denniss, Executive Director, the Australia Institute // <a href="https://x.com/RDNS_TAI">@RDNS_TAI</a>
Host: Ebony Bennett, Deputy Director, the Australia Institute // <a href="https://x.com/ebony_bennett">@ebony_bennett</a>
Theme music: Pulse and Thrum; additional music by 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>.

The mining industry had a pre-election sook last week about government policy, but its claims about being the ‘backbone’ of the economy are more spin than substance.

Mining's big temper tantrum

Mark Kenny joins us to discuss the government’s census own goal and Australia’s flagging economy.

On this episode of Follow the Money, Ebony Bennett discusses the latest in federal politics with Professor Mark Kenny, former Chief Political Correspondent for The Sydney Morning Herald, The Age and The Canberra Times.

This discussion was recorded on Tuesday 3 September 2024 and things may have changed since recording.

australiainstitute.org.au // @theausinstitute

Guest: Mark Kenny, Director, ANU Australian Studies Institute // @markgkenny

Host: Ebony Bennett, the Australia Institute // @ebony_bennett

Show notes:

'The PM can ill-afford bad weeks as narratives harden' by Mark Kenny, The Canberra Times (September 2024)

Public spending keeps the economy going as the private sector is hit by rate rises by Matt Grudnoff, The Australia Institute (September 2024)

Theme music: Pulse and Thrum; additional music by 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.

Mark Kenny joins us to discuss the government’s census own goal and Australia’s flagging economy.
On this episode of Follow the Money, Ebony Bennett discusses the latest in federal politics with Professor Mark Kenny, former Chief Political Correspondent for The Sydney Morning Herald, The Age and The Canberra Times.
This discussion was recorded on Tuesday 3 September 2024 and things may have changed since recording.
<a href="https://australiainstitute.org.au/">australiainstitute.org.au</a> // <a href="http://twitter.com/theausinstitute">@theausinstitute</a>
Guest: Mark Kenny, Director, ANU Australian Studies Institute // <a href="https://x.com/markgkenny">@markgkenny</a>
Host: Ebony Bennett, the Australia Institute // <a href="https://x.com/ebony_bennett">@ebony_bennett</a>
Show notes:
<a href="https://www.canberratimes.com.au/story/8748546/labors-census-blunder-kowtowing-to-tabloids-hurts-the-pm/">'The PM can ill-afford bad weeks as narratives harden'</a> by Mark Kenny, The Canberra Times (September 2024)
<a href="https://australiainstitute.org.au/post/public-spending-keeps-the-economy-going-as-the-private-sector-is-hit-by-rate-rises/">Public spending keeps the economy going as the private sector is hit by rate rises</a> by Matt Grudnoff, The Australia Institute (September 2024)
Theme music: Pulse and Thrum; additional music by 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>.

Mark Kenny joins us to discuss the government’s census own goal and Australia’s flagging economy

Nothing in reserve: households "smashed" by rate hikes

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