The RBA has delivered its first interest rate rise since Michelle Bullock took over from Philip Lowe as Governor, up 25 basis points to 4.35%, the highest in 12 years. So what needs to change for the pain to stop?

This was recorded on Tuesday 7th November 2023 and things may have changed since recording.

The Australia Institute // @theausinstitute

Guest:

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

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

Producer: Jennifer Macey // @jennifermacey

Edited by: Emily Perkins

Theme Music: Pulse and Thrum; additional music by Blue Dot Sessions

The RBA has delivered its first interest rate rise since Michelle Bullock took over from Philip Lowe as Governor, up 25 basis points to 4.35%, the highest in 12 years. So what needs to change for the pain to stop?
This was recorded on Tuesday 7th November 2023 and things may have changed since recording.
<a href="http://australiainstitute.org.au/">The Australia Institute</a> // <a href="http://twitter.com/theausinstitute">@theausinstitute</a>
Guest:
Greg Jericho, Chief Economist, the Australia Institute // <a href="https://twitter.com/GrogsGamut">@GrogsGamut</a>
Host: Ebony Bennett, Deputy Director, the Australia Institute // <a href="https://twitter.com/ebony_bennett">@ebony_bennett</a>
Producer: Jennifer Macey // <a href="https://twitter.com/jennifermacey">@jennifermacey</a>
Edited by: Emily Perkins
Theme Music: Pulse and Thrum; additional music by Blue Dot Sessions

Economics and politics explained in plain English

Economics and politics explained in plain English

Follow The Money

Get all of the Australia Institute's podcasts in one feed.

Get all of the Australia Institute's podcasts in one feed.

Australia Matters

Economics, politics and policy explained in plain English.

Economics, politics and policy explained in plain English.

The Pain is the Point...Again

The wealth inequality crisis

Housing inequality

Taxing resources properly

The politics of inequality

The far-right is benefitting from a failing status quo – but it doesn’t have to be this way.

On this episode of Follow the Money, author and economist Gary Stevenson joins Ebony Bennett to discuss wealth inequality, the global issue of housing unaffordability, why Australia should tax gas properly, and how many far-right parties have become the Steven Bradburys of global politics.

This episode was recorded on Thursday 26 February.

What we owe the water: It's time for a fossil fuel treaty by Kumi Naidoo is available now for just $19.95. Use the code 'PODVP' at checkout to get free shipping.

You can also subscribe to the Vantage Point series to get four essays a year on some of the most pressing issues facing Australia and the world.

Guest: Gary Stevenson, economist and author of The Trading Game // @garyseconomics

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

Show notes:

Tax: Beer drinkers vs gas companies by Rod Campbell, the Australia Institute (February 2026)

Killing the Australian Dream: The failure of the capital gains tax discount by Matt Grudnoff and Greg Jericho, the Australia Institute (February 2026)

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 far-right is benefitting from a failing status quo &ndash; but it doesn&rsquo;t have to be this way.
On this episode of Follow the Money, author and economist Gary Stevenson joins Ebony Bennett to discuss wealth inequality, the global issue of housing unaffordability, why Australia should tax gas properly, and how many far-right parties have become the Steven Bradburys of global politics.
This episode was recorded on Thursday 26 February.
<a href="https://australiainstitute.org.au/store/what-we-owe-the-water-vantage-point-issue-4">What we owe the water: It's time for a fossil fuel treaty by Kumi Naidoo</a> is available now for just $19.95. Use the code 'PODVP' at checkout to get free shipping.
You can also <a href="https://australiainstitute.org.au/store/vantage-point-subscription">subscribe to the Vantage Point series</a> to get four essays a year on some of the most pressing issues facing Australia and the world.
Guest: Gary Stevenson, economist and author of The Trading Game // <a href="https://bsky.app/profile/garyseconomics.bsky.social">@garyseconomics</a>
Host: Ebony Bennett, Deputy Director, the Australia Institute // <a href="https://bsky.app/profile/ebonybennett.bsky.social">@ebonybennett</a>
Show notes:
<a href="https://australiainstitute.org.au/report/tax-beer-drinkers-vs-gas-companies/">Tax: Beer drinkers vs gas companies</a> by Rod Campbell, the Australia Institute (February 2026)
<a href="https://australiainstitute.org.au/report/submission-to-the-select-committee-on-the-operation-of-the-capital-gains-tax-discount/">Killing the Australian Dream: The failure of the capital gains tax discount</a> by Matt Grudnoff and Greg Jericho, the Australia Institute (February 2026)
Theme music: Pulse and Thrum; additional music by 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>.

The far-right are benefitting from a failing status quo – but it doesn’t have to be this way.

Gary Stevenson on wealth inequality and the rise of the far-right

Shedding voters on the left and the right, is the Liberal Party heading for “oblivion”?

On this episode of Follow the Money, journalist and author Niki Savva and Australia Institute co-Chief Executive Officer Dr Richard Denniss join Amy Remeikis to discuss how the Liberal Party ended up with their worst federal election result in modern history in 2025, why there’s no such thing as a safe seat in Australian politics anymore, and Nikki’s latest book, Earthquake: the election that shook Australia.

This episode was recorded live at the Australia Institute’s Politics in the Pub in Canberra on Wednesday 18 February 2026.

What we owe the water: It's time for a fossil fuel treaty by Kumi Naidoo is available now for just $19.95. Use the code 'PODVP' at checkout to get free shipping.

You can also subscribe to the Vantage Point series to get four essays a year on some of the most pressing issues facing Australia and the world.

Guest: Niki Savva, journalist, author and former political advisor

Guest: Richard Denniss, co-Chief Executive Officer, the Australia Institute // @richarddenniss

Host: Amy Remeikis, Chief Political Analyst, the Australia Institute // @amyremeikis

Show notes:

There is no such thing as a safe seat | Fact sheet, the Australia Institute (October 2024)

Polling – Dutton’s gas plans, the Australia Institute (April 2025)

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.

Shedding voters on the left and the right, is the Liberal Party heading for &ldquo;oblivion&rdquo;?
On this episode of Follow the Money, journalist and author Niki Savva and Australia Institute co-Chief Executive Officer Dr Richard Denniss join Amy Remeikis to discuss how the Liberal Party ended up with their worst federal election result in modern history in 2025, why there&rsquo;s no such thing as a safe seat in Australian politics anymore, and Nikki&rsquo;s latest book, <a href="https://scribepublications.com.au/books/earthquake">Earthquake: the election that shook Australia</a>.
This episode was recorded live at the Australia Institute&rsquo;s Politics in the Pub in Canberra on Wednesday 18 February 2026.
<a href="https://australiainstitute.org.au/store/what-we-owe-the-water-vantage-point-issue-4">What we owe the water: It's time for a fossil fuel treaty by Kumi Naidoo</a> is available now for just $19.95. Use the code 'PODVP' at checkout to get free shipping.
You can also <a href="https://australiainstitute.org.au/store/vantage-point-subscription">subscribe to the Vantage Point series</a> to get four essays a year on some of the most pressing issues facing Australia and the world.
Guest: Niki Savva, journalist, author and former political advisor
Guest: Richard Denniss, co-Chief Executive Officer, the Australia Institute // <a href="https://bsky.app/profile/richarddenniss.bsky.social">@richarddenniss</a>
Host: Amy Remeikis, Chief Political Analyst, the Australia Institute // <a href="https://bsky.app/profile/amyremeikis.bsky.social">@amyremeikis</a>
Show notes:
<a href="https://australiainstitute.org.au/post/there-is-no-such-thing-as-a-safe-seat-fact-sheet/">There is no such thing as a safe seat | Fact sheet</a>, the Australia Institute (October 2024)
<a href="https://australiainstitute.org.au/report/polling-duttons-gas-plans/">Polling &ndash; Dutton&rsquo;s gas plans</a>, the Australia Institute (April 2025)
Theme music: Pulse and Thrum; additional music by 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>.

Shedding voters on the left and the right, is the Liberal Party heading for political oblivion?

“On the brink of extinction”: Niki Savva on the modern Liberal Party

Tax, inequality and democracy

Political and market power

Gas and super profits

Capital gains

Inequality creates insecurity and, as the United States is demonstrating right now, that insecurity can have devasting consequences for democracy.

On this episode of Follow the Money, Nobel Prize-winning economist Professor Joseph Stiglitz joins Ebony Bennett and Dr Richard Denniss to discuss why Australia should get a better return for its natural resources, the power of corporations to mark up prices and push down wages, and why democracies should collect more corporate tax.

This episode was recorded live on Wednesday 11 February 2026.

What we owe the water: It's time for a fossil fuel treaty by Kumi Naidoo is available now for just $19.95. Use the code 'PODVP' at checkout to get free shipping.

You can also subscribe to the Vantage Point series to get four essays a year on some of the most pressing issues facing Australia and the world.

Guest: Joseph E Stiglitz, Nobel Laureate economist and Professor, Columbia University // @josephestiglitz

Guest: Richard Denniss, co-Chief Executive Officer, the Australia Institute // @richarddenniss

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

Show notes:

The Price of Inequality: How Today's Divided Society Endangers Our Future by Joseph E Stiglitz (June 2013)

Australia’s great gas giveaway: how Australia gives gas to multinational corporations for free by Mark Ogge, Rod Campbell and Piers Verstegan, the Australia Institute (May 2024)

The capital gains discount and negative gearing benefit the rich and destroy housing affordability by Jack Thrower, the Australia Institute (February 2025)

Trump’s Big Bill makes America more dangerous while enriching a few, After America, the Australia Institute (July 2025)

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.

Inequality creates insecurity and, as the United States is demonstrating right now, that insecurity can have devasting consequences for democracy.
On this episode of Follow the Money, Nobel Prize-winning economist Professor Joseph Stiglitz joins Ebony Bennett and Dr Richard Denniss to discuss why Australia should get a better return for its natural resources, the power of corporations to mark up prices and push down wages, and why democracies should collect more corporate tax.
This episode was recorded live on Wednesday 11 February 2026.
<a href="https://australiainstitute.org.au/store/what-we-owe-the-water-vantage-point-issue-4">What we owe the water: It's time for a fossil fuel treaty by Kumi Naidoo</a>&nbsp;is available now for just $19.95. Use the code 'PODVP' at checkout to get free shipping.
You can also <a href="https://australiainstitute.org.au/store/vantage-point-subscription">subscribe to the Vantage Point series</a> to get four essays a year on some of the most pressing issues facing Australia and the world.
Guest: Joseph E Stiglitz, Nobel Laureate economist and Professor, Columbia University // <a href="https://bsky.app/profile/josephestiglitz.bsky.social">@josephestiglitz</a>
Guest: Richard Denniss, co-Chief Executive Officer, the Australia Institute // <a href="https://bsky.app/profile/richarddenniss.bsky.social">@richarddenniss</a>
Host: Ebony Bennett, Deputy Director, the Australia Institute // <a href="https://bsky.app/profile/ebonybennett.bsky.social">@ebonybennett</a>
Show notes:
<a href="https://www.penguin.com.au/books/the-price-of-inequality-9780718197384">The Price of Inequality: How Today's Divided Society Endangers Our Future</a> by Joseph E Stiglitz (June 2013)
<a href="https://australiainstitute.org.au/report/australias-great-gas-giveaway/">Australia&rsquo;s great gas giveaway: how Australia gives gas to multinational corporations for free</a> by Mark Ogge, Rod Campbell and Piers Verstegan, the Australia Institute (May 2024)
<a href="https://australiainstitute.org.au/post/the-capital-gains-discount-and-negative-gearing-benefit-the-rich-and-destroy-housing-affordability/">The capital gains discount and negative gearing benefit the rich and destroy housing affordability</a> by Jack Thrower, the Australia Institute (February 2025)
<a href="https://australiainstitute.org.au/post/trumps-big-bill-makes-america-more-dangerous-while-enriching-a-few/">Trump&rsquo;s Big Bill makes America more dangerous while enriching a few</a>, After America, the Australia Institute (July 2025)
Theme music: Pulse and Thrum; additional music by 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>.

Inequality creates insecurity and, as the United States is demonstrating right now, that insecurity can have devasting consequences for democracy.

The Pain is the Point...Again

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