How millionaires pay no tax

Productivity

A better GST

Revenue raising options

By limiting generous tax concessions for the wealthy and collecting revenue from Australia’s natural resources, the Government could fund health and education systems that work properly.

On this episode of Follow the Money, Matt Grudnoff joins Ebony Bennett discuss Government’s productivity agenda, why the GST is failing to do the job it was designed for, and how 91 millionaires managed to pay no tax.

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

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

Show notes:

The huge cost to states budgets of failing GST, the Australia Institute (July 2025)

Raising revenue right: Better tax ideas for the 48th Parliament by Greg Jericho, the Australia Institute (March 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.

By limiting generous tax concessions for the wealthy and collecting revenue from Australia&rsquo;s natural resources, the Government could fund health and education systems that work properly.
On this episode of Follow the Money, Matt Grudnoff joins Ebony Bennett discuss Government&rsquo;s productivity agenda, why the GST is failing to do the job it was designed for, and how 91 millionaires managed to pay no tax.
Guest: Matt Grudnoff, Senior Economist, the Australia Institute // <a href="https://bsky.app/profile/mattgrudnoff.bsky.social">@mattgrudnoff</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/post/the-huge-cost-to-state-budgets-of-failing-gst/">The huge cost to states budgets of failing GST</a>, the Australia Institute (July 2025)
<a href="https://australiainstitute.org.au/report/raising-revenue-right-better-tax-ideas-for-the-48th-parliament/">Raising revenue right: Better tax ideas for the 48th Parliament</a> by Greg Jericho, the Australia Institute (March 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>.

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.

By limiting generous tax concessions for the wealthy and collecting revenue from Australia’s natural resources, the Government could fund health and education systems that work properly.

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