Last year in the pandemic a lot of people withdrew their superannuation under the Early Release Scheme. For many, it was a lifeline to cover food, rent and pay down debt in case things got worse. For others, it was about replacing an ageing car, or trying to save or even start a business. And surprise, surprise, overall it's worked out worse for women than for men. Plus, cuckoo smurfing — what it is, how to spot it, how to make sure it doesn't happen to you. Guests: Shane Oliver, Chief Economist...
Jun 17, 2021•29 min
Could we have a travel bubble with Singapore and what are the advantages of getting it done? Plus, the economic consequences of something that affects so many of us — loneliness. And the massive financial intelligence trove gained from the Trojan Shield sting against organised crime should leave convicted criminals "broke". Guests: Nathan Lynch, Asia-Pacific Manager, Regulatory Intelligence, Thomson Reuters Claryn Kung, Research Fellow, Monash University, Centre of Health Economics Simon Baptist...
Jun 10, 2021•29 min
Could we have a travel bubble with Singapore and what are the advantages of getting it done? Plus, the economic consequences of something that affects so many of us — loneliness. And the massive financial intelligence trove gained from the Trojan Shield sting against organised crime should leave convicted criminals "broke". Guests: Nathan Lynch, Asia-Pacific Manager, Regulatory Intelligence, Thomson Reuters Claryn Kung, Research Fellow, Monash University, Centre of Health Economics Simon Baptist...
Jun 10, 2021•29 min
COVID disaster payments for Melbourne residents who are unable to work will be part of a new national scheme available to other states if lockdowns last for more than a week. The latest blow to Victoria's economy follows GDP figures which show that Australia's economy has bounced back from the pandemic recession. Plus, the economic costs of racism and Australian researchers find that business leaders are more optimistic about their company's profit outlook when the sun is shining - investors mig...
Jun 03, 2021•29 min
Meet an award winning, Aboriginal-owned construction and maintenance services business that’s part of the booming $4.8 billion Indigenous business sector. Plus, Newcastle City Council’s program to attract talented, community-minded workers. And the tough cost of Victoria’s latest lockdown. Guests: Gerard Matera, Director, building services company MarawarProfessor Michelle Evans, University of Melbourne Indigenous Business Research Group Felicia Mariani, CEO, Victoria Tourism Industry Council Ma...
May 27, 2021•28 min
A stake in the famed New Zealand All Blacks is to be sold to a US private equity firm - with Rugby Australia in a dire financial situation, will private equity also offer the Wallabies a lifeline? Plus, as the International Energy Agency calls time on fossil fuel exploration and investment, and sets out the roadmap for a global energy transition, Australia fires-up plans for a gas led economic recovery. Guests:Hamish McLennan, Chair, Rugby AustraliaJohn Stensholt, business reporter, The Australi...
May 20, 2021•29 min
How low will unemployment have to go before Australians get a wage rise? Analysis of Federal Budget housing measures for single parents, first home buyers and older people thinking of selling the family home. Plus, beer, Superbowl tickets and a million-dollar lottery - can incentives boost rates of vaccination in the United States?Guests:Sarah Hunter, Chief Economist, BIS Oxford EconomicsProfessor Rachel Ong ViforJ, Curtin UniversityLloyd Edge, buyer’s agent, Director of Aus Property Professiona...
May 13, 2021•29 min
The economic implications of India's second COVID wave. Plus, revenue is up at Netflix Australia after we binged on shows during pandemic lockdowns. Despite the boost in revenue, the streaming giant paid only $553,705 in local income tax. It’s legal but there may be tax changes on the way. And the power of quotas and why Australia needs them.Guests:Gabriela D’Souza, Senior Economist, Committee for Economic Development of AustraliaRodney Brown, UNSW Business SchoolProfessor Alison Pullen, Macquar...
May 06, 2021•29 min
Most Australians use a tax agent or accountant to manage their returns and sort out complex deductions – it’s a deductable cost. What if everyone was entitled to a $3000 annual standard tax deduction? Plus, an unlikely coalition of parenting, union and business groups call on the Federal Government to prioritise economic security for women in next month's budget. And the value of trust in digital retail. Guests: Michelle O’Neil, President, Australian Council of Trade Unions Steven Hamilton, Chie...
Apr 29, 2021•29 min
Most Australians use a tax agent or accountant to manage their returns and sort out complex deductions – it’s a deductable cost. What if everyone was entitled to a $3000 annual standard tax deduction? Plus, an unlikely coalition of parenting, union and business groups call on the Federal Government to prioritise economic security for women in next month's budget. And the value of trust in digital retail. Guests: Michelle O’Neil, President, Australian Council of Trade Unions Steven Hamilton, Chie...
Apr 29, 2021•29 min
The island nation of Nauru has been readmitted to the World Bank’s high-income club. The turnaround in Nauru’s economic woes is partly due to increased income from fishing licences - but it is revenue from Australia’s Regional Processing Centre that's transformed the tiny economy. Plus, back in the penalty box – trade sanctions are expected as the Commonwealth cancels Victorian agreements with China’s Belt and Road project. And Menulog trials employing food delivery riders. Guests: Richard McGre...
Apr 22, 2021•29 min
The island nation of Nauru has been readmitted to the World Bank’s high-income club. The turnaround in Nauru’s economic woes is partly due to increased income from fishing licences - but it is revenue from Australia’s Regional Processing Centre that's transformed the tiny economy. Plus, back in the penalty box – trade sanctions are expected as the Commonwealth cancels Victorian agreements with China’s Belt and Road project. And Menulog trials employing food delivery riders. Guests: Richard McGre...
Apr 22, 2021•29 min
A big jump in consumer confidence to levels not seen since the resources boom have been described this week as “an extraordinary result.“ Westpac Chief Economist Bill Evans explains the latest data. Farmers also have a spring in their step as they go shopping in record numbers for tractors, helicopters and …coffee machines. Plus, the most unpopular tax, that we don’t have, might be a really good idea. Guests: Bill Evans, Chief Economist, Westpac Julie Rynski, NAB Executive, Regional and Agribusi...
Apr 15, 2021•29 min
A big jump in consumer confidence to levels not seen since the resources boom have been described this week as “an extraordinary result.“ Westpac Chief Economist Bill Evans explains the latest data. Farmers also have a spring in their step as they go shopping in record numbers for tractors, helicopters and …coffee machines. Plus, the most unpopular tax, that we don’t have, might be a really good idea. Guests: Bill Evans, Chief Economist, Westpac Julie Rynski, NAB Executive, Regional and Agribusi...
Apr 15, 2021•29 min
The Australian government has made it clear that after unprecedented spending last year, it's time to slow things down. In America, however, Joe Biden is going the other way, with a jobs and infrastructure package worth two trillion dollars. Also, how young people economically survived the pandemic, and what the price of your coffee can tell you.
Apr 08, 2021•29 min
The Australian government has made it clear that after unprecedented spending last year, it's time to slow things down. In America, however, Joe Biden is going the other way, with a jobs and infrastructure package worth two trillion dollars. Also, how young people economically survived the pandemic, and what the price of your coffee can tell you.
Apr 08, 2021•29 min
As Brisbane emerges from another costly lockdown, there's pressure on the Federal Government to speed-up the vaccine roll-out. Plus, natural disasters are costing us more, so how about a new way to pay? And single parents, especially women, were far more likely than others to lose work at the height of the pandemic and are far more likely to still be out of work now. Guests: Professor Richard Holden, UNSW Business School Kate Griffiths, Policy Analyst, The Grattan Institute Mark Ogge, Principal ...
Apr 01, 2021•29 min
A container ship wedged in the Suez Canal adds to global supply chain disruptions. As the JobKeeper wage subsidy comes to an end, The Money revisits some of the tourism and hospitality business we heard from last winter. Plus, new measures to cool New Zealand's housing market and build more homes.
Mar 25, 2021•29 min
A container ship wedged in the Suez Canal adds to global supply chain disruptions. As the JobKeeper wage subsidy comes to an end, The Money revisits some of the tourism and hospitality business we heard from last winter. Plus, new measures to cool New Zealand's housing market and build more homes.
Mar 25, 2021•29 min
The pandemic and subsequent economic crisis has shown how good government matters. But what if the state aspired to do more? Leading economist, Mariana Mazzucato says governments need to rediscover ambition, confidence and in-house expertise to make capitalism solve problems like climate change and inequality. Plus, when it comes to ambition – what are China’s priorities as outlined in the latest 5-year plan? Guests: Professor Mariana Mazzucato, Director, Institute for Innovation and Public Purp...
Mar 18, 2021•30 min
Concerns that the Federal Government's $1.2 billion travel industry rescue package will "cannibalise tourism opportunities" in Victoria. How many people are expected to lose their jobs when JobKeeper ends? Plus, as demand for rare earths increases, might the US look to Australia to help break China's grip on the supply and processing of critical materials? Guests: Felicia Mariani, CEO, Victoria Tourism Industry Council Kristina Clifton, Senior Economist, Commonwealth Bank Jeffrey Wilson, Researc...
Mar 11, 2021•29 min
For most Australians, it has been quite a while since the last substantial pay rise. Why? When is it likely to change? Despite wage stagnation, some digital tech jobs are commanding premium salaries. Plus, behind the latest economic figures with Alan Kohler. Guests: Suzanne Steele, Managing Director, Adobe Australia. Also founder of Skills Finder Alison Pennington, Senior Economist, Centre for Future Work, Australia InstitutePaul, employee at air conditioning manufacturing firmChi Tran, General ...
Mar 04, 2021•29 min
Start-ups and small businesses previously priced out of Australian CBDs are taking advantage of lower rents and co-working spaces to relocate to city centres. Plus, your guide to quantitative easing and the promise of a 2032 Olympics in Queensland. Guests: Susan Harris Rimmer, Director, Griffith University Policy Innovation HubJeremy Thorpe, Chief Economist, PwC AustraliaLisa Qi, co-founder, Share with OscarBelinda Cheung, Director in Credit Strategy, Commonwealth Bank...
Feb 25, 2021•29 min
The latest company results cast more light on how the Jobkeeper subsidy is padding out company profits, bonuses and dividends. A corporate governance advisor calls out “Jobkeeper utes, boats and holiday homes”. An unemployment insurance scheme is floated in a rethink of the dole. Plus, how social change happens – the new science of networks.Guests: Dean Paatsch, Director, Ownership Matters Stephen Hamilton, Chief Economist, Blueprint Institute Professor Damon Centola, Director of Network Dynamic...
Feb 18, 2021•34 min
What’s the value of Google to the Australian economy? It a key question with different answers, as the tech giant promotes its economic value to Australian businesses and consumers in a self-commissioned report. Plus, new laws proposed to help fight money laundering in Australia and the possible extradition of two drug bosses suspected of laundering money through Crown Resorts. Guests: Joanne Gray, Chief Investigator, QUT Digital Media Research CentrePeter Lewis, Director, Australia Institute Ce...
Feb 11, 2021•29 min
Jobkeeper and Jobseeker payments have reduced overall income inequality in Australia, but as they are wound back, how will children in our lowest income households fare? Tafes around the country are seeing strong demand for courses in cybersecurity, nursing, aged care and book keeping as workers retrain and upskill. Also, how can house prices continue to rise? Guests: Craig Robertson, CEO, TAFE Directors Australia Wendy Field, head of policy and programs, The Smith Family Jade Smith Eliza Owen, ...
Feb 04, 2021•29 min
Jobkeeper and Jobseeker payments have reduced overall income inequality in Australia, but as they are wound back, how will children in our lowest income households fare? Tafes around the country are seeing strong demand for courses in cybersecurity, nursing, aged care and book keeping as workers retrain and upskill. Also, how can house prices continue to rise? Guests: Craig Robertson, CEO, TAFE Directors Australia Wendy Field, head of policy and programs, The Smith Family Jade Smith Eliza Owen, ...
Feb 04, 2021•29 min
President Joe Biden’s new economic team faces a huge task to respond to the pandemic and rising unemployment. How is the new administration dealing with the economic fallout of the pandemic and what are the longer term plans to close the racial wealth gap? Plus, a large portion of the banking Royal Commission's recommendations have been delayed or abandoned. Guests:Betsey Stevenson, Biden transition advisor, US Department of Treasury, former member of the President's Council of Economic Advisers...
Jan 28, 2021•29 min
Maria Konnikova learnt to play poker to explore the interplay between luck and skill. As she rose from rank novice to accomplished player, she also learnt how to make better decisions. Plus, how during lockdown we became the 20-minute neighbourhood. Guests: Maria Konnikova, author of The Biggest Bluff: How I Learned to Pay Attention, Master Myself, and Win. Lucinda Hartley, co-founder of Neighbourlytics
Jan 21, 2021•29 min
Maria Konnikova learnt to play poker to explore the interplay between luck and skill. As she rose from rank novice to accomplished player, she also learnt how to make better decisions. Plus, how during lockdown we became the 20-minute neighbourhood. Guests: Maria Konnikova, author of The Biggest Bluff: How I Learned to Pay Attention, Master Myself, and Win. Lucinda Hartley, co-founder of Neighbourlytics
Jan 21, 2021•29 min
