The vaccine rollout troubles continue as the government abandons its target. Is it time to downgrade forecasts? Will Australia be cut off from the world? And are we getting our risk calculus wrong? Plus, the latest confidence and jobs numbers.
The Australian property market is once again off to the races. What's driving it? What, if anything, should policymakers do about it? And will Ivan ever be able to afford a nice home? Plus, more trouble for the vaccine rollout, new IMF forecasts for global recovery and Biden's plan to have multinationals pay more tax. (We are a little late getting this one out, we recorded prior to the new advice on the Astra Zeneca vaccine for under 50s.)
We take a break from regular programming this week to bring you a conversation from the Australian Governance Summit between Mark and Harvard Business School professor Rebecca Henderson on her book Reimagining Capitalism in a World on Fire.
With fears it may once again be on the rise, we talk all things inflation. What causes it? Why is it bad? And is it coming back? Plus, how much slack is left in the labour market and has the fun stopped for GameStop?
Australia is a global laggard on the vaccine rollout and is well off the pace to meet its targets. So what is the rest of the world getting right, what are we getting wrong and should we be concerned? Plus, employment gets back to pre-pandemic levels and what is a non-fungible token?
The US is about to embark on a grand fiscal experiment to run the economy hot, while in Australia Governor Philip Lowe is promising the same on the monetary side until 2024. We look at the new radical orthodoxy. Plus, the latest GDP numbers, the government attempts to save the tourism industry and the city or the bush.
Crises change economic thinking. Live from the Australian Governance Summit, we look at what economists have learned from the pandemic, plus the latest jobs numbers and is inflation coming back? We recorded this episode on 1 March.
We look at the IMF's forecasts for global growth in 2021 and its policy recommendations for recovery. Plus, confidence in Australia is up again and Bitcoin mining's effect on the planet. On a short break now till the first week of March.
We unpick the GameStop phenomenon to see what it all means. Is this the end of short-selling, the efficient markets hypothesis and shareholder capitalism as we know it? Are memes the new analysis? Or is it a lot of fun signifying nothing? Plus, the RBA's outlook for the year, the Biden stimulus and new thinking on the minimum wage.
We mark the end of the longest of years with the longest of episodes. Ivan quizzes Mark on what's in store for 2021, plus the final (excellent) jobs numbers for the year, the government releases its update on the improving economic outlook, the latest on Brexit and Mark's summer reading list. We'll be back with more episodes in late January.
Confidence numbers are up and people are feeling optimistic as we approach the end of the roughest of years. Plus, tourism post-COVID and is Facebook a monopoly?
Australia is officially out of recession but GDP is still well down year-on-year. The RBA says it's 'ready to do more if necessary'. Plus, more good news on the vaccine and what's going on with Australian coal exports to China.
Biden names former Fed Governor Janet Yellen as his nominee for Treasury Secretary. What does her appointment mean for US economic policy? Plus did JobKeeper work, super debates and Bitcoin is back.
We look at the NSW government's plans to get people 'out and about' and to abolish stamp duty. Plus, a paradoxically good jobs report and some rare good news on trade.
After a rough year, finally a week of good news: a vaccine might be around the corner and confidence is up. Plus we wrap the US election and look at the latest threats from China on trade.
Biden looks home but it's close. Did the polls get this one right or wrong? How have markets reacted? And what are the prospects now for a much needed stimulus package? Plus, the RBA wakes from its 'monetary slumber' and announces its first foray into quantitative easing. Is it now out of ammo?
We look ahead to next week's US presidential election. Is it the most significant since the depression as some commentators claim? What does it mean for the world and will Trump or Biden win? Plus, a look at the Q3 inflation data and next week's Cup day RBA meeting.
The COVID recession will leave Australia permanently poorer and its population smaller than it otherwise would have been. But are there choices we can make that will help us catch up? Plus a catch-up on the recent economic numbers after our break and the AICD's latest Director Sentiment Index.
The budget heralds a new fiscal era, according to Mark. We look at the record debt and deficit numbers, the 'heroic' forecasts and the policies the government is betting on to restore growth.
What is a K-shaped recovery and are we in one? Plus we preview the budget that Prime Minister Morrison is calling the most important since World War II.
On our 50th episode, we ask whether October's budget or even lower interest rates can supercharge the recovery, which the RBA is describing as a 'slow grind'. Plus disappointing payroll jobs numbers, falling retail sales and Paul Keating gives the RBA a spray.
Surprise good news on the jobs front with unemployment falling below 7 per cent for the first time since the pandemic started. So where are the jobs coming from? Plus house prices, the US fed commits to not lifting interest rates for the long haul, New Zealand goes into recession and the effect unemployment on sleep.
With new data out on the Australian corporate footprint overseas, we ask what's the future of the foreign outpost in a post-pandemic world. Plus a speed round on this week's economic data.
The US Federal Reserve has changed the way it makes monetary policy decisions for the world's largest economy. Its former chair Janet Yellen said that the changes would appear subtle to most "normal human beings". So why is it such a big deal for economists? Plus the latest quarterly GDP numbers put Australia officially in its first recession in three decades. This episode was recorded on 3 September.
The Federal government looks to curb China's influence in the states, plus the Victorian situation continues to take its toll on jobs and investment.
We look at the latest GDP data from Scandinavia and ask whether Sweden has gotten the benefit of a more lenient approach to lockdowns. Plus RBA Governor Philip Lowe responds to his critics.
The Victorian second wave seems to have passed its peak but the lockdown continues to weigh down confidence, the RBA's new set of downbeat forecasts and wages growth slows to record lows. Apologies for the *dismal* audio quality on this one. We had some home technical problems in the home studios this week.
The US and Europe experienced ugly contractions in the second quarter, though China seems to be out the other side. Plus what the Victorian restrictions mean for the rest of the economy, the resilience of Australian exports and Zoom fatigue.
Australia has just experienced its worst deflation in 70 years. Should we be worried? Plus falling confidence, a rising dollar, more job losses, paid pandemic leave and the Robinhood effect.
The 'eye-watering' debt and deficit numbers released in the mini budget, the government extends JobKeeper, the RBA governor takes aim at Modern Monetary Theory, and the coronavirus spike in Victoria and NSW continues to weigh on confidence.
