The Economy, Stupid - podcast cover

The Economy, Stupid

ABC listenwww.abc.net.au
Formerly The Money, The Economy, Stupid is your weekly guide to the world of business, economics and finance. Every Thursday, economist Peter Martin is joined by a team of sharp young thinkers for a fresh conversation about the financial stories making headlines and how they might affect you.

Episodes

The cost of Australian elections; the French election and the growth of venture capital

As we all await for the Prime Minister to announce the date for the 2022 Federal Election, the Australian Electoral Commission began preparing for it the day after the last election in 2019. What is involved and what is the cost of running an election across the nation? The AEC's spokesperson, Evan Ekin-Smyth explains. And the French head to the polls this weekend in the first round of Presidential elections. In the last few weeks, polling shows a close contest with purchasing power as a number ...

Apr 07, 202229 min

The cost of Australian elections; the French election and the growth of venture capital

As we all await for the Prime Minister to announce the date for the 2022 Federal Election, the Australian Electoral Commission began preparing for it the day after the last election in 2019. What is involved and what is the cost of running an election across the nation? The AEC's spokesperson, Evan Ekin-Smyth explains. And the French head to the polls this weekend in the first round of Presidential elections. In the last few weeks, polling shows a close contest with purchasing power as a number ...

Apr 07, 202229 min

Did the Budget deliver?

The Money continues with the Federal Budget analyses but with a difference. Four younger economists, including three recipients of the Economic Society of Australia's Young Economist award, discuss how the budget stacks up when applying their specialist lens.

Mar 31, 202229 min

Did the Budget deliver?

The Money continues with the Federal Budget analyses but with a difference. Four younger economists, including three recipients of the Economic Society of Australia's Young Economist award, discuss how the budget stacks up when applying their specialist lens.

Mar 31, 202229 min

What do you want from the budget?

If you could nominate what you wanted from next week's federal budget, what would it be? Join us on The Money as four people representing different parts of Australian life - the community, small business, employers and those under housing stress - answer this question. Cassandra Goldie, CEO of Australian Council of Social Services; Alexi Boyd, CEO of the Council of Small Business Organisations Australia; Innes Willox, Chief Executive at Australian Industry Group and Kate Colvin spokesperson for...

Mar 24, 202229 min

Inflationary factors and the need for tax reform

Inflation is on the rise, driven by supply shocks. Does the Reserve Bank of Australia need to do something about it? Sean Langcake, head of macroeconomic forecasting at BIS Oxford Economics explains.

Mar 17, 202229 min

Inflationary factors and the need for tax reform

Inflation is on the rise, driven by supply shocks. Does the Reserve Bank of Australia need to do something about it? Sean Langcake, head of macroeconomic forecasting at BIS Oxford Economics explains.

Mar 17, 202229 min

Underinsurance, oil and gas and Britain's kleptocracy problem

Insurance premiums are increasing with the frequency of climate induced natural disasters. The government is planning a reinsurance pool of $10 billion in the hope of making premiums cheaper. But this may not work as Antonia Settle from the Melbourne Institute of Applied Economics and Social Research explains.

Mar 10, 202229 min

The cost of increasing climate disasters and the economic warfare against Russia

This week as severe flooding causes havoc in south east Queensland and parts of NSW, two important, relevant reports were released. One by the Insurance Council of Australia outlining what the Federal and State Governments need to invest to protect against the cost of increasing climate disasters and one by the Intergovernmental Panel on Climate Change with a very grim outlook for Australia if emissions aren't cut dramatically. Nicki Hutley, independent economist and Economist with the Climate C...

Mar 03, 202229 min

Economic benefits of improved parental leave and Spotify, where does the money go?

Does extending parental leave entitlements present a greater cost to the Australian economy or a benefit? The answer from economists and gender equality groups seem to agree, it is beneficial for all. Both socially and economically. These benefits extend to unpaid work at home. This does make sense when you listen to economist Jessica Mizrahi, Director at Accenture Australia and Vice President of the Economic Society of NSW and Mary Wooldridge, Director of the Workplace Gender Equality Agency. W...

Feb 24, 202229 min

Cybersecurity a top concern for CEOs; how to increase productivity and a book about money

It has been a bumpy few years with the pandemic and businesses have had to make huge adjustments. So how are they feeling about the future? Jeremy Thorpe, chief economist of PwC Australia shares the results of their annual survey of CEOs and explains why cybersecurity is the number one risk, as well as why businesses are focussing on the US and New Zealand.

Feb 17, 202229 min

Economic Weapons

How globalisation has altered the effectiveness of economic sanctions.

Feb 03, 202213 min

Indigenous business sector worth billions

Meet an award winning, Aboriginal-owned construction and maintenance services business that’s part of the booming $4.8 billion Indigenous business sector. How the Nobel economics prize winners better estimated the effects of immigration and the minimum wage. Plus, the retail sector takes trust extremely seriously and is thinking about it in increasingly sophisticated ways. Guests: Gerard Matera, Director, building services company Marawar Professor Michelle Evans, University of Melbourne Indigen...

Jan 20, 202229 min

Indigenous business sector worth billions

Meet an award winning, Aboriginal-owned construction and maintenance services business that’s part of the booming $4.8 billion Indigenous business sector. How the Nobel economics prize winners better estimated the effects of immigration and the minimum wage. Plus, the retail sector takes trust extremely seriously and is thinking about it in increasingly sophisticated ways. Guests: Gerard Matera, Director, building services company Marawar Professor Michelle Evans, University of Melbourne Indigen...

Jan 20, 202229 min

The Taliban economy

With tax income from lucrative trade routes and finance from countries such as China or Pakistan, how insulated are the Taliban from the western threat of sanctions and the freeze of international funds? Plus, opportunities for Australia's critical materials sector. Guests: David Mansfield , independent consultant, author of A State Built on Sand: How opium undermined Afghanistan @mansfieldintinc Jeffrey Wilson, Research Director, Perth USAsia Centre...

Jan 13, 202229 min

Reflections on poverty in SA, and what's cuckoo smurfing?

Cuckoo smurfing — what it is, how to spot it, how to make sure it doesn't happen to you. An Australian philanthropic foundation marks 135 years of helping people in need. What has changed in that time? Plus, Australian researchers find that business leaders are more optimistic about their company's profit outlook when the sun is shining Guests: Marcus Erikson, Director of Intelligence, AUSTRAC Stacey Thomas CEO, The Wyatt Trust Amanuel Elias, Alfred Deakin Institute, Deakin University...

Jan 06, 202229 min

Estate duties: a good but unpopular tax

A blast from the past offers a possible answer to growing wealth inequality. Three economists put the case for the resurrection of inheritance taxes. Plus, how social change happens. Guests Saul Eslake, Independent economist Ian Raspin, Managing Director, BNR Partners Danielle Wood, Chief Executive, Grattan Institute Damon Centola, author of Change: How to make big things happen...

Dec 30, 202129 min

China's 2021 economy and Mariana Mazzucato's mission

The pandemic and subsequent economic crisis have shown how government is crucial for getting things done – like rolling out a vaccine or throwing the economy a lifeline. But what if the state aspired to do a lot more? Economist Mariana Mazzucato thinks that states need to rediscover grand ambition and in-house expertise to solve climate change and inequality. Plus, a look at the ups and downs of China's economy in 2021. Guests: Professor Mariana Mazzucato, Director, Institute for Innovation and ...

Dec 23, 202130 min

China's 2021 economy and Mariana Mazzucato's mission

The pandemic and subsequent economic crisis have shown how government is crucial for getting things done – like rolling out a vaccine or throwing the economy a lifeline. But what if the state aspired to do a lot more? Economist Mariana Mazzucato thinks that states need to rediscover grand ambition and in-house expertise to solve climate change and inequality. Plus, a look at the ups and downs of China's economy in 2021. Guests: Professor Mariana Mazzucato, Director, Institute for Innovation and ...

Dec 23, 202130 min

Encrypt, extort: ransomware attacks rise

Ransomware attacks across Australia have become a major problem for business, causing massive disruptions and costing millions to remediate. Recent attacks against Victoria's public health system, the local facilities of meat supplier JBS foods, and Nine Entertainment are part of an underreported problem. Australia is considered a soft target for attacks – what can be done and what should we look out for? Guest: Abigail Bradshaw, Head Australian Cyber Security Centre Australian Signals Directora...

Dec 16, 202111 min