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

Mariana Mazzucato's mission economy; China's 5-year plan

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, 202130 min

Rare opportunity for Australia as demand for critical materials soar

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, 202129 min

Top salaries for tech workers but no pay rise in sight for most workers

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, 202129 min

Quantitative easing for beginners and hot-desking in the city

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, 202129 min

Jobkeeper subsidy "straight to the bottom line"

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, 202134 min

What if Google packed up its search engine and went home?

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, 202129 min

Child poverty in Australia and strong demand for TAFE courses

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, 202129 min

Child poverty in Australia and strong demand for TAFE courses

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, 202129 min

Biden’s economic plan, and the banking Royal Commission two years on

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, 202129 min

Poker lessons and the 20-minute neighbourhood

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, 202129 min

Poker lessons and the 20-minute neighbourhood

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, 202129 min

Brisbane rapid-test company sends kits to US + telehealth here to stay

Two business success stories from 2020 on The Money: Rapid diagnostics company Ellume began shipments of its COVID-19 test to the United States as part of a $US30m deal. And huge uptake in virtual doctor consultations has meant big business for Australian telehealth company Coviu. Plus, the Netflix of electric vehicles.Guests: Dr Sean Parsons, founder and CEO, EllumeDr Silvia Pfeiffer, CEO, CoviuJohn Chambers, Executive General Manager Future Business & Technology, AGLS. Travis Waller, Profe...

Jan 14, 202129 min

Philanthropists spending fast to fight climate change

Meet the Australian philanthropists spending their funds on projects to tackle climate change. They’re not interested in drip feeding donations for decades, they want results and a legacy of helping to avoid catastrophic climate change. Plus, what is La Niña doing to the economy? Guests: Norman Pater, Chair of The Carbon Farming Foundation Sue McKinnon, Director, McKinnon Family Foundation Jeff Wicks, Director, ACME Foundation Amanda Martin, CEO, Australian Environmental Grantmakers Network Dani...

Jan 07, 202129 min

Philanthropists spending fast to fight climate change

Meet the Australian philanthropists spending their funds on projects to tackle climate change. They’re not interested in drip feeding donations for decades, they want results and a legacy of helping to avoid catastrophic climate change. Plus, what is La Niña doing to the economy? Guests: Norman Pater, Chair of The Carbon Farming Foundation Sue McKinnon, Director, McKinnon Family Foundation Jeff Wicks, Director, ACME Foundation Amanda Martin, CEO, Australian Environmental Grantmakers Network Dani...

Jan 07, 202129 min

Rethinking deficits and the future of city office space

In the wake of lockdowns and working from home, business is rethinking how much office space is needed and where it's located. Plus, the economist who argues that governments should spend whatever it takes to drive a post-COVID economic recovery.

Dec 31, 202029 min

The ups and downs of 2020

It’s been a quite year. At the end of it, Australia, through a combination of geography, our health system, and massive injections of cash from the government isn’t going too badly. There has even been surprising growth in some sectors like electronics manufacturing, as companies bring production back home. Plus, there’s new research showing high levels of financial stress amongst full time workers especially workers in poorer areas – is the pandemic recession making poverty worse? Guests:Serena...

Dec 17, 202029 min

The ups and downs of 2020

It’s been a quite year. At the end of it, Australia, through a combination of geography, our health system, and massive injections of cash from the government isn’t going too badly. There has even been surprising growth in some sectors like electronics manufacturing, as companies bring production back home. Plus, there’s new research showing high levels of financial stress amongst full time workers especially workers in poorer areas – is the pandemic recession making poverty worse? Guests:Serena...

Dec 17, 202029 min

The housing have-nots and is cash dead?

Australia’s ongoing housing inequalities are explored in new research on the financial stresses facing renters over 50 with an annual household income of less than $31,000. Plus, is cash dead? And the ups and downs of a rising Aussie dollar.Guests: Michele Bullock, Assistant Governor (Financial System), Reserve Bank of Australia Emma Power, Senior Lecturer in Geography and Urban Studies, Western Sydney University Irene, renter from Victoria Diana Mousina, Senior Economist, AMP Capital...

Dec 10, 202029 min

Diversify trade and what not to buy for Christmas

Many Australian exporters are making plans to diversify away from China - what markets have we ignored and how can we do business better? Will the new regional free trade deal help? Plus, how to make insurance more affordable for people who can’t afford it – especially for residents in Northern Australia. And how to avoid unwanted Christmas gifts. Guests: Francis Wong, Managing Director, Encounter AustraliaPhil Turtle, President, Australia Indonesia Business CouncilDeborah Elms, Executive Direct...

Dec 03, 202030 min

Diversify trade and what not to buy for Christmas

Many Australian exporters are making plans to diversify away from China - what markets have we ignored and how can we do business better? Will the new regional free trade deal help? Plus, how to make insurance more affordable for people who can’t afford it – especially for residents in Northern Australia. And how to avoid unwanted Christmas gifts. Guests: Francis Wong, Managing Director, Encounter AustraliaPhil Turtle, President, Australia Indonesia Business CouncilDeborah Elms, Executive Direct...

Dec 03, 202030 min

Harder to buy a house, part-time work and the digital economy: The first 20 years

For Australia, the story of the 21st century so far has been a mix of huge events: the GFC, the mining boom, the growth of China, and the current recession. There’s also been and slower important changes, like the digital transformation of industries and the rise of the service sector. The Money turns the spotlight on the first two decades.Guests: Jeff Borland, Truby Williams Professor of Economics, University of MelbourneRachel Ong ViforJ, Professor of Economics, School of Economics, Finance an...

Nov 26, 202029 min

The rise of the class action industry + buy now for Christmas

Class actions can provide justice and offer strength in numbers. They also generate huge fees for litigation funders. Why is Australia awash with class actions? Plus, the parcel pressures of Christmas and NSW takes the lead on stamp duty reform.Guests: Miranda Stewart, Director of Studies, International Tax and Tax, University of MelbourneProfessor Michael Legg, UNSW Law Peter Cashman, barrister, Adjunct Professor of Law at UNSW LawFlavio Romero Macau, Senior Lecturer in Supply Chain Management ...

Nov 19, 202029 min

Heavyweight group to propose affordable housing solutions & new era of Aust-China trade tensions

An alliance of Industry Super, unions and social welfare groups will offer capital solutions to government to try to increase Australian’s affordable and social housing. As China bans Victorian timber in the latest escalation of trade tensions, are we in a new era of punishment strategy? Plus, our pandemic purchasing patterns.Guests: Professor Jane Golley, Director, Australian Centre on China in the WorldTim Hunt, Head of Food & Agribusiness, Rabobank Rod Fehring, Chair, National Affordable ...

Nov 12, 202029 min

Rethinking deficits and what's the future of city office space?

In the wake of lockdowns and working from home, business is rethinking how much office space is needed and where it's located. Plus, the economist who argues that governments should spend whatever it takes to drive a post-COVID economic recovery.

Jul 16, 202029 min
For the best experience, listen in Metacast app for iOS or Android
Open in Metacast