The Australia Institute Feed Items

On this episode of Dollars & Sense, Greg and Elinor go back to the basics of inflation, living costs and interest rates to show that how they interact really isn’t all that basic.

This discussion was recorded on Thursday 6 August 2026.

More Fool Me: How the gas industry tricked Australia by Richard Denniss, the latest Vantage Point essay from Australia Institute Press, is available now. Use the code ‘FOOLME’ on a four-edition Vantage Point subscription to receive a free copy of Richard’s book, Econobabble.

Host: Greg Jericho, Chief Economist, the Australia Institute // @grogsgamut

Host: Elinor Johnston-Leek, Senior Content Producer, the Australia Institute // @elinorjohnstonleek

Show notes:

On this episode of Follow the Money, Leanne Minshull and Rod Campbell join Glenn Connley to discuss dodgy carbon credits, the Great Koala National Park in New South Wales, the federal government’s upcoming review of the Safeguard Mechanism, and the demise of Climate Active.

This episode was recorded Tuesday 4 August.

More Fool Me: How the gas industry tricked Australia by Richard Denniss, the latest Vantage Point essay from Australia Institute Press, is available now. Use the code ‘FOOLME’ on a four-edition Vantage Point subscription to receive a free copy of Richard’s book, Econobabble.

Get your tickets for the Australia Institute’s Climate Integrity Summit 2026 at the Parliament of New South Wales on Tuesday 15 September.

Guest: Leanne Minshull, co-Chief Executive Officer, the Australia Institute // @leanneminshull

Guest: Rod Campbell, Research Director, the Australia Institute // @rodcampbell

Under the PALM (Pacific Australia Labour Mobility) Scheme, workers from nine Pacific Island nations and Timor Leste work in Australian agriculture (doing jobs like fruit picking), food processing (many in abattoirs) and the care sector (aged care).

However, the scheme has been identified as a modern slavery risk because PALM workers are tied to a single employer. Poor living and working conditions, under payment, access to superannuation and proper healthcare have all been identified as problems.

The scheme, which was originally lauded as a win-win for Australia and its Pacific neighbours, is now heavily lopsided in Australia’s favour, with workers forced to hand over a large portion of their earnings in tax and expenses, locked out of Medicare and blocked from changing jobs by their employers, even if things turn bad.

Now, a poll of 2,230 Australia voters, conducted by YouGov, reveals significant support for giving workers the right to change employers if they’re underpaid (68%), not given enough hours (78%) or housed in expensive, overcrowded or substandard accommodation (81%).

66% of respondents support PALM visa holders being given access to Medicare while they are working in Australia.

Linda Robinson, author of Women in Power: Fighting for Democracy in an Age of Authoritarianism, joins Dr Emma Shortis to discuss the misogyny of the Trump administration, how Big Tech enables its spread, and the stark realities facing women in politics.

This episode was recorded Friday 31 July.

1800RESPECT is the national domestic, family and sexual violence counselling, information and support service. Call 1800 737 732, text 0458 737 732, chat online or video call via their website.

More Fool Me: How the gas industry tricked Australia by Richard Denniss, the latest Vantage Point essay from Australia Institute Press, is available now. Use the code ‘FOOLME’ on a four-edition Vantage Point subscription to receive a free copy of Richard’s book, Econobabble.

Guest: Linda Robinson, Senior Fellow for Women and Foreign Policy, Council on Foreign Relations // @lrobinson

On this episode of What’s the Point?, Richard Denniss explains the purpose of the Reserve Bank of Australia and whether it’s fulfilling that role.

Host: Richard Denniss, co-Chief Executive Officer, the Australia Institute // @richarddenniss

Host: Anna Chang, Managing Editor, The Point // @annachang

Climate Integrity Summit 2026 tickets.

Pre-order More Fool Me: How the gas industry tricked Australia by Richard Denniss, the latest Vantage Point essay from Australia Institute Press. Use the code ‘FOOLME’ on a four-edition Vantage Point subscription to receive a free copy of Richard’s book, Econobabble.

Theme music: Blue Dot Sessions

On this episode of Dollars & Sense, Greg and Elinor discuss the better-than-expected inflation figures, the global oversupply of once-in-a-lifetime crises, and what the ominous-sounding ‘global balance sheet’ tells us about wealth on Earth.

This discussion was recorded on Thursday 30 July 2026.

Pre-order More Fool Me: How the gas industry tricked Australia by Richard Denniss, the latest Vantage Point essay from Australia Institute Press. Use the code ‘FOOLME’ on a four-edition Vantage Point subscription to receive a free copy of Richard’s book, Econobabble.

Host: Greg Jericho, Chief Economist, the Australia Institute // @grogsgamut

Host: Elinor Johnston-Leek, Senior Content Producer, the Australia Institute // @elinorjohnstonleek

Show notes:

Woodside has reported a revenue jump of nearly 30 per cent to $6 billion over the past three months, with the company branded “one of the Australia’s biggest winners” from the war in the Middle East.

Dr Richard Denniss, co-CEO at The Australia Institute, said the soaring war profits of Woodside and other gas exporters was an opportunity for Labor to enact its pledge to get a fair return for Australia’s resources, which is now part of Labor’s Party Policy Platform.

“This week we hear that gas export profits have soared, while just last week Labor declared it would seek a fairer return for Australian gas. What great timing,” said Dr Denniss said.

“Media outlets are describing gas export companies as Australia’s “biggest winners” of the Iran war. This begs the question of who are Australia’s biggest losers?

“Obviously it is Australians who are giving away their gas to multinationals for free while paying higher prices for petrol.”

Australia Institute research shows that if Labor implemented a 25 per cent gas export tax, it would raise $350 million per week at current prices, or $17 billion per year.

“That is enough to cover the fuel excise discount, which ends on Sunday,” Dr Denniss said.

On this episode of Follow the Money, renewable energy entrepreneur Assaad Razzouk joins Australia Institute co-CEO Leanne Minshull to discuss how the war on Iran is accelerating the global shift away from fossil fuels and why Australia risks being left behind.

This episode was recorded Wednesday 8 July.

Pre-order More Fool Me: How the gas industry tricked Australia by Richard Denniss, the latest Vantage Point essay from Australia Institute Press. Use the code ‘FOOLME’ on a four-edition Vantage Point subscription to receive a free copy of Richard’s book, Econobabble.

Guest: Assaad Razzouk, renewable energy entrepreneur and host of The Angry Clean Energy Guy podcast // @assaadrazzouk

Host: Leanne Minshull, co-Chief Executive Officer, the Australia Institute // @leanneminshull

Show notes:

The Angry Clean Energy Guy with Assaad Razzouk

The shock announcement comes less than a week after the Albanese Government abandoned Climate Active, its long running ‘carbon neutral’ certification scheme.

“Premier Minns’ claim that coal and gas companies should be prevented from buying carbon offsets generated by his Great Koala National Park is a blow for the Albanese government’s failing ‘safeguard mechanism’ and its key client, the fossil fuel industry,” said Dr Richard Denniss, co-CEO at The Australia Institute.

“Today’s announcement by the NSW Premier is an important admission that Australia cannot cancel out the pollution from fossil fuel projects by simply promising to not chop down some trees.

“Chris Minns is admitting what Federal Climate Change Minister Chris Bowen has been denying for years – that it makes no scientific sense to justify new gas and coal mines on the basis that some trees won’t be chopped down.

“The obvious first question is that if the NSW government won’t allow its carbon credits to be used for the sham of fossil fuel offsetting, why should anyone else be allowed to?

“While the NSW government’s attempt to stop coal mines using its koala park credits is welcome, details of their proposal remain scant.

“There is nothing in federal law that prevents any buyer of carbon credits from re-selling them to coal mines, gas frackers or any particular industry.

“Without explaining how this will work, this is just a clumsy state intervention into federal climate policy.

Dr Emma Shortis reflects on Trump’s “joke” about a third term in office at the White House Correspondents’ Dinner, before If You’re Listening host Matt Bevan returns to the show to discuss the midterms and Trump’s finances.

This episode was recorded Friday 24 July.

Pre-order More Fool Me: How the gas industry tricked Australia by Richard Denniss, the latest Vantage Point essay from Australia Institute Press. Use the code ‘FOOLME’ on a four-edition Vantage Point subscription to receive a free copy of Richard’s book, Econobabble.

Guest: Matt Bevan, journalist and host of If You’re Listening, Australian Broadcasting Corporation // @mattbevan

Host: Emma Shortis, Director, International & Security Affairs, the Australia Institute // @emmashortis

Show notes:

Where EXACTLY is Trump’s money coming from?, If You’re Listening, ABC News (July 2026)

On this episode of What’s the Point?, Richard Denniss explains the “fake fight” over nuclear power in Australia and how the gas industry benefits from the nuclear distraction.

This episode was recorded on Friday 17 July.

Pre-order More Fool Me: How the gas industry tricked Australia by Richard Denniss, the latest Vantage Point essay from Australia Institute Press. Use the code ‘FOOLME’ on a four-edition Vantage Point subscription to receive a free copy of Richard’s book, Econobabble.

Read more on The Point.

Host: Richard Denniss, co-Chief Executive Officer, the Australia Institute // @richarddenniss

Host: Anna Chang, Managing Editor, The Point // @annachang

Show notes:

Climate Integrity Summit 2026, the Australia Institute

However, just as housing price growth decoupled from wage growth in recent decades, new research shows that real wages have not kept up with productivity growth.

So, who is getting the benefit?

Firstly, it’s important to understand productivity. Productivity is getting more output from the same number of inputs, or the same output from a reduced number of inputs. For example, if workers are producing thingamajigs a new innovative way and now make more thingamajigs with the same hours of work, then productivity goes up.

This increase in thingamajigs is sold, and then that the extra money made is then supposed to flow to workers in higher living standards. Productivity has been described as “the engine of living standards”, and the Productivity Commission says the more productive the economy is, the more workers are supposed to enjoy either higher wages, lower prices, or by working less and having more free time.

The Productivity Commission claims that outside of mining and agriculture, productivity has been flowing to higher real wages. But there is new evidence that the Productivity Commission is wrong.

On this episode of Dollars & Sense, Greg returns! He and Elinor discuss the ALP National Conference in Adelaide, the economic impact of the ongoing American war on Iran, and the failures of Australia’s privatised employment services system.

This discussion was recorded on Wednesday 22 July 2026.

Pre-order More Fool Me: How the gas industry tricked Australia by Richard Denniss, the latest Vantage Point essay from Australia Institute Press. Use the code ‘FOOLME’ on a four-edition Vantage Point subscription to receive a free copy of Richard’s book, Econobabble.

Host: Greg Jericho, Chief Economist, the Australia Institute // @grogsgamut

Host: Elinor Johnston-Leek, Senior Content Producer, the Australia Institute // @elinorjohnstonleek

Show notes:

It would also bring down domestic gas prices for Australian households and businesses.

The Australian Labor Party will reportedly include a new tax regime for the gas export industry in its party platform today at the ALP National Conference in Adelaide.

According to the Nobel Prize winning economist, Professor Joseph Stiglitz, it is a ‘no brainer’ for Australia to tax its gas exports.

“It is great news that the Labor Party seems on the verge of adopting this simple policy which will be good for the Australian economy,” said Dr Richard Denniss, co-CEO of The Australia Institute.

“It will help restore faith in Australia’s democracy among the growing number of Australians who think their governments are no longer willing to stand up to foreign companies.

“Apart from having huge volumes of gas, Australia has a huge opportunity to finally introduce a gas policy which benefits all Australians.

“When Labor was re-elected last year, the Prime Minister spoke about ‘progressive patriotism’, with policies that do things ‘the Australian way’.

“He now has an opportunity to put those words into action, with a policy that would be hugely popular and benefit millions of Australians.

“Tax policy doesn’t have to be complicated to be effective. In fact, the more complicated it is, the more it can be exploited.

On this episode of Follow the Money, Dr Emma Shortis joins Glenn Connley to discuss the upcoming midterm elections in the United States, how the Trump administration has been chipping away at the guardrails of American democracy, and whether the Australian government is prepared for the possibility of disputed elections in its major alliance partner.

This episode was recorded Tuesday 21 July.

Guest: Emma Shortis, Director, International & Security Affairs, the Australia Institute // @emmashortis

Host: Glenn Connley, Senior Media Advisor, the Australia Institute // @glennconnley

Show notes:

After America: Australia and the new world order by Emma Shortis, Australia Institute Press (May 2025)

Trump administration chips away at independent media, faith in democracy, After America, the Australia Institute (July 2026)

On this episode of After America, New Zealand-based journalist Anna Fifield joins Dr Emma Shortis to discuss the American media during Trump’s second term, views of the United States and China in New Zealand, and what the Australian government can learn from Kiwi diplomacy.

This episode was recorded on Friday 17 July.

Pre-order More Fool Me: How the gas industry tricked Australia by Richard Denniss, the latest Vantage Point essay from Australia Institute Press. Use the code ‘FOOLME’ on a four-edition Vantage Point subscription to receive a free copy of Richard’s book, Econobabble.

Guest: Anna Fifield, New Zealand-based independent journalist and foreign affairs analyst // @annafifield

Host: Emma Shortis, Director, International & Security Affairs, the Australia Institute // @emmashortis

Show notes:

Shorter America: How to steal an election; the US in the World; New and old friends by Emma Shortis, The Point (July 2026)

Productivity growth is supposed to be the key to boosting wages and living standards in the economy. However, just as housing price growth decoupled from wage growth in recent decades, new research shows that real wages have not kept up with productivity growth.

So, who is getting the benefit?

Firstly, it’s important to understand productivity. Productivity is getting more output from the same number of inputs, or the same output from a reduced number of inputs. For example, if workers are producing thingamajigs a new innovative way and now make more thingamajigs with the same hours of work, then productivity goes up.

This increase in thingamajigs is sold, and then that the extra money made is then supposed to flow to workers in higher living standards. Productivity has been described as “the engine of living standards”, and the Productivity Commission says the more productive the economy is, the more workers are supposed to enjoy either higher wages, lower prices, or by working less and having more free time.

The Productivity Commission claims that outside of mining and agriculture, productivity has been flowing to higher real wages. But there is new evidence that the Productivity Commission is wrong.

On this episode of What’s the Point?, Richard Denniss discusses how the Federal Government’s new carbon credits method for ‘protecting’ native forests will allow fossil fuel companies to greenwash their climate pollution and expand coal and gas production.

This episode was recorded on Friday 10 July.

Host: Richard Denniss, co-Chief Executive Officer, the Australia Institute // @richarddenniss

Host: Anna Chang, Managing Editor, The Point // @annachang

Show notes:

Climate Integrity Summit 2026 tickets: https://events.humanitix.com/sydney-climate-integrity-summit-2026?c=website

The Point: https://thepoint.com.au/ 

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. Subscribe to What’s the Point? with Richard Denniss on YouTube, Apple Podcasts, Spotify or wherever you get your favourite podcasts.

The Wrap with Matt Grudnoff

The reaction to the slowdown in house prices in some parts of Australia makes me wonder, do people actually want affordable housing?

Some in the media have lost their minds at the very idea that house prices might not continue increasing. But rapidly rising house prices are the opposite of affordable housing.

The tax changes in the budget are likely not the only thing that is weighing on house prices. There have also been three interest rate rises this year. But the budget changes, which got rid of negative gearing for investors buying existing housing and made the capital gains tax discount less generous, are likely to be an important part of the slowdown.

Of course, there are predictions that prices will fall further. They range from almost no drop to about 10%.

Is this going to cause economic ruin?

On this episode of Dollars & Sense, Matt Grudnoff joins Elinor to discuss Anthony Albanese’s speech on artificial intelligence, lessons for data centre regulation from Australia’s experience with the gas industry, Barnaby Joyce’s vision for the Reserve Bank, and Matt’s guide to voodoo.

This discussion was recorded on Thursday 16 July 2026.

Pre-order More Fool Me: How the gas industry tricked Australia by Richard Denniss, the latest Vantage Point essay from Australia Institute Press. Use the code ‘FOOLME’ on a four-edition Vantage Point subscription to receive a free copy of Richard’s book, Econobabble.

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

Host: Elinor Johnston-Leek, Senior Content Producer, the Australia Institute // @elinorjohnstonleek

Show notes:

The scandal that has swamped KPMG in the past month has many moving parts, but it can all be summarised in one earthy Australian expression – “same s–t, different bucket”.

We have seen this show many times before, including in 2022 when it was revealed that PWC worked with the federal government on new business tax plans and then sold secret information about those plans to major corporations to help them avoid paying the new taxes.

Like PWC (PriceWaterhouseCooper), KPMG is a big business that obtains highly sensitive information from its work with major corporations and governments, meaning that conflicts of interest are impossible to avoid.

And like other big businesses, in the absence of an effective deterrent and robust regulation, the pursuit of profit maximisation will inevitably move the business towards doing harm – whether it be to clients, customers, employees, taxpayers, the environment or democracy.

The whistleblower who exposed this KPMG scandal attributed it to the “pursuit of revenue growth at all costs”.

When former High Court judge Kenneth Hayne presided over a royal commission into misconduct in the banking and financial services sector, he had to consider why major banks were engaged in illegal money laundering, charging fees for no service, selling useless insurance to unsuspecting customers and steering poor retirees into high risk dud investments.

The explanation wasn’t complicated. In Haynes words:

In May 2025, Prime Minister Anthony Albanese led the Labor Party to a historic victory and the Liberal Party suffered its worst result since World War 2. But with the rise of One Nation at home and crises multiplying abroad, the world already looks very different to how it did at the election.

On this episode of Follow the Money, Australia Institute co-CEO Richard Denniss, Chief Political Analyst Amy Remeikis and Democracy & Accountability Director Bill Browne discuss what’s changed in Australian politics since the last election and where it might go from here.

This episode was recorded live on Thursday 9 July.

Subscribe for updates from the Australia Institute to be notified about all of our events and webinars.

Pre-order More Fool Me: How the gas industry tricked Australia by Richard Denniss, the latest Vantage Point essay from Australia Institute Press. Use the code ‘FOOLME’ on a four-edition Vantage Point subscription to receive a free copy of Richard’s book, Econobabble.

Guest: Richard Denniss, co-Chief Executive Officer, the Australia Institute // @richarddenniss

On this episode of After America, Allan Behm joins Dr Emma Shortis to discuss the demise of an Iran agreement that never really lived, the latest NATO summit, the death of Senator Lindsey Graham, and the evolution of the Australian government’s diplomacy in the Pacific Island region.

This episode was recorded live on Monday 13 July.

Guest: Allan Behm, Special Advisor, International & Security Affairs, the Australia Institute

Host: Emma Shortis, Director, International & Security Affairs, the Australia Institute // @emmashortis

Show notes:

Shorter America: On China; SCOTUS Season; Book reviews by Emma Shortis, The Point (July 2026)

Mr Albanese goes to the Pacific (again) by Allan Behm, The Point (July 2026)

PALMed off: The story of modern slavery in Australia, Follow the Money, the Australia Institute (January 2026)

On this episode of What’s the Point?, Richard Denniss discusses how global gas industry has pulled off the greatest con in Australia’s history, and why Australians are living with the consequences. He spells out the simple steps we need to take to fix it.

This episode was recorded on Friday 10 July.

Host: Richard Denniss, co-Chief Executive Officer, the Australia Institute // @richarddenniss

Host: Anna Chang, Managing Editor, The Point // @annachang

Show notes:

Plebiscite petition: https://gas-plebiscite.australiainstitute.org.au/

More Fool Me (Vantage Point Issue 6) pre-order: https://australiainstitute.org.au/store/more-fool-me-vantage-point-issue-6

Climate Integrity Summit 2026 tickets: https://events.humanitix.com/sydney-climate-integrity-summit-2026?c=website

The Point: https://thepoint.com.au/

Of all the stupidity Australians have accepted as “normal”, our relationship with house prices may be among the most ridiculous.

This nation is in the grips of a media panic over a small blip in house prices. This blip apparently deserves wall-to-wall coverage and dire warnings of impending doom.

Maybe – shock – the current 0.4 per cent decrease in national house prices (not a typo, it is less than 1 per cent) COULD reach 8 per cent. MAYBE 10 PER CENT. Get the army ready – society itself may be about to collapse.

It is very rare that we see these numbers put into context.
A fall usually follows a rapid rise in prices and Australia has seen more of a rapid rise than most.

Let’s go from 2000, a nice round number, which also happens to be when John Howard and Peter Costello’s ideological war against the capital gains tax kicked in. Since then, house prices have increased fivefold.

The average home has increased in value by about $70,000 a year over the past five years. Again, that is not a typo. That’s about $350,000 in five years.

The people who have benefited from this increase did nothing but have the luck and means to own a house. If their home was to decrease by even 10 per cent, they are still doing OK – their homes will go back to what they were worth at the end of 2024. Back when media was wringing its hands over what could be done about the unaffordable housing market.

On this episode of Dollars & Sense, Matt Grudnoff joins Elinor to talk about the federal government’s “piss poor” online gambling reforms and the push to pay super to under 18s.

This discussion was recorded on Thursday 9 July 2026.

If this episode raised issues for you, you can call the National Gambling Helpline on 1800 858 858 for free, professional and confidential support 24 hours a day, 7 days a week. Or visit Gambling Help Online at www.gamblinghelponline.org.au.

If you or anyone you know needs help, you can contact Lifeline on 13 11 14 or online at www.lifeline.org.au.

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

Host: Elinor Johnston-Leek, Senior Content Producer, the Australia Institute // @elinorjohnstonleek

On this episode of Follow the Money, Rod Campbell and Matt Grudnoff join Ebony Bennett to discuss the reasons why the GST hasn’t grown as promised, how exemptions for private schools and private insurance exacerbate inequality, and how governments can ensure they’re providing the high-quality services Australians deserve.

This episode was recorded on Tuesday 7 July.

Check out the new Australia Institute podcast series, What’s the Point? with Richard Denniss. It’s available now on YouTube, Apple Podcasts, Spotify or wherever you get your favourite shows.

Guest: Rod Campbell, Research Director, the Australia Institute // @rodcampbell

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

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

Labor finished the last parliamentary week on a high. There is a feeling within caucus that the party has a plan for dealing with One Nation, helped along by the fact the Coalition is completely without one.

The Liberals’ switch to Angus Taylor has put a spring in the steps of Anthony Albanese and his office.

Criticising Sussan Ley had to be done in very specific terms, given the dangers of being perceived to be speaking down to, or acting aggressively to, a woman. But Taylor, who appears to have stepped out of Liberal Party central casting, is fair game.

Plus, no one is going to accuse him of being quick on his feet, despite his time in the political bullpit. For a political animal like Albanese, Taylor’s leadership has been a gift.

The “three right-wing political parties” is a line that has tested well for Labor and hence has been deployed at every opportunity.

The only sign the Coalition had found a point of difference came with a heavy assist from independent senator David Pocock and the Greens, who co-sponsored legislation with the Coalition to keep humans at the forefront of aged care funding decisions. This followed reporting from Guardian Australia’s Melissa Davey earlier this year that revealed the cruelty of algorithmic decisions, which may be ticked off by humans but have largely removed their discretion.

We expected that. But what can we expect next? On this episode of After America, Dr Emma Shortis and Angus Blackman discuss the November midterm elections and what they might bring. After Emma’s trip to Brussels and Berlin, they also reflect the contrasts between European and Australian views of the United States.

This episode was recorded live on Monday 6 July.

Guest: Emma Shortis, Director, International & Security Affairs, the Australia Institute // @emmashortis

Host: Angus Blackman, Executive Producer, the Australia Institute // @AngusRB

Show notes:

This World Cup shows who holds the cards in Trump’s economy, After America, the Australia Institute (June 2026)

From Europe’s strategic settings to China’s overcapacities – a view through an antipodean lens, Friedrich Ebert Stiftung (June 2026)

The 2026 midterm elections, Brookings

On the second episode of What’s the Point?, Richard Denniss discusses the government’s long-overdue changes to negative gearing and capital gains tax and the ongoing media hysteria around Australia’s housing market.

This episode was recorded on Friday 3 July.

Host: Richard Denniss, co-Chief Executive Officer, the Australia Institute // @richarddenniss

Host: Anna Chang, Managing Editor, The Point // @annachang

Show notes:

The Wrap: After a decades-long fight, housing tax reform becomes reality by Matt Grudnoff, The Point (July 2026)

Theme music: Blue Dot Sessions

The biggest and best tax reforms in 25 years just passed the Parliament.

In fact, you would have to go back way before the noughties to find tax reforms that will make Australia fairer than Labor’s reforms passed this week with the support of the Greens and David Pocock in the Senate.

Most tax reforms passed in the last 25 years have been either tweaks, regressive (penalising poorer people or helping the rich), or have been repealed. More on that later.

Labor’s tax reforms are progressive, and the most talked about reforms are the ones that will affect housing. Finance journalist Alan Kohler neatly summarised Australia’s housing crisis this way: “It’s no longer possible for somebody who doesn’t have reasonably wealthy parents to buy a house. It’s as simple as that. And it’s a fundamental change to Australian society.”

That’s the problem Labor is targeting with these reforms.

The Wrap with Matt Grudnoff

The government’s changes to negative gearing and capital gains tax passed the parliament last week. This is a big moment in the fight to make housing more affordable.

For too long policies to make housing more affordable have done nothing to slow the rapid increase in house prices. In fact, many of them made prices rise faster.

While it is early days, it seems that the housing market is already slowing and there are predictions that there will be small falls in house prices. These falls in prices are mainly being driven by uncertainty in the market. Many people are waiting on the side lines to see how everything washes out.

Photo: AAP Image/Dean Lewins

Read more >

On this episode of Dollars & Sense, Matt Grudnoff joins Elinor discuss the positive impact of the government’s changes to negative gearing and capital gains tax, why migration hasn’t caused the housing crisis, and concerns about negative equity and grandfathering of the policies.

This discussion was recorded on Thursday 2 July 2026.

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

Host: Elinor Johnston-Leek, Senior Content Producer, the Australia Institute // @elinorjohnstonleek

Show notes:

No, rents won’t increase by $2,000 a year because of changes to negative gearing by Matt Grudnoff, The Point (June 2026)

It may be time to calm the farm on falling house prices by Greg Jericho, The Point (June 2026)

On this episode of Follow the Money, the authors of new Australia Institute research, Dr Fergus Green and Frances Medlock, join Glenn Connley to discuss the major failures of the Safeguard Mechanism, the dodgy “carbon offsets” at the heart the scheme, and what can be done to drive down emissions.

This episode was recorded on Tuesday 23 June.

Guest: Fergus Green, co-author of ‘Safeguarding the fossil fuel industry?’ and Associate Professor, University College London // @fergusgreen

Guest: Frances Medlock, co-author of ‘Safeguarding the fossil fuel industry?’ and policy and law reform lawyer

Host: Glenn Connley, Senior Media Advisor, the Australia Institute // @glennconnley

Show notes:

Safeguarding the Fossil Fuel Industry? How Carbon Offsetting Undermines the Safeguard Mechanism by Fergus Green and Frances Medlock, the Australia Institute (June 2026)

New research by The Australia Institute shows that Australians have lost over $104 billion to gambling in the three years since the Murphy Review released its final report into the harms of online gambling.

Today the Albanese Government is expected to introduce legislation in response to the Murphy Review. If passed, it will introduce certain restrictions on gambling advertising, but stop well short of the full ban on ads for online gambling recommended by the Review.

The Australia Institute is today launching the National Gambling Toll, a real-time tracker of Australia’s estimated gambling losses since July 1, 2023, right after the release of the Murphy Report. The toll can be viewed here.

Key points:

The Federal Government’s new carbon credits method for ‘protecting’ native forests will allow fossil fuel companies to greenwash their climate pollution and expand coal and gas production, according to the Australia Institute.

A new carbon accounting method, proposed to fund the creation of the Great Koala National Park in NSW, pits forest and biodiversity protection against acting on climate change, when those objectives are inseparable.

“Climate science makes clear that the Australian Government needs to stop approving new gas and coal projects while simultaneously stopping the destruction of enormous amounts of our native forests,” said Dr Richard Denniss, co-CEO of The Australia Institute.

“The science doesn’t say that it is okay for us to approve new gas and coal mines, as long as we save some trees at the same time. However, under this Great Koala National Park offsets scheme, that is exactly what is being proposed.”

Australia Institute research has shown that:

On this episode of After America, Allan Behm joins Angus Blackman to discuss the negotiations between the United States and Iran, where it all went wrong for British Prime Minister Sir Keir Starmer, and European views of Trump’s America.

This episode was recorded live on Friday 26 June.

Support the research powerful interests fear. Make a tax-deductible donation to the Australia Institute’s End of Financial Year Appeal before 30 June.

Guest: Allan Behm, Special Advisor, International & Security Affairs, the Australia Institute

Host: Angus Blackman, Executive Producer, the Australia Institute // @AngusRB

Show notes:

How will Australia pay for AUKUS? Submission to AUKUS Public Inquiry by Rod Campbell, Richard Denniss and Jack Thrower, the Australia Institute (June 2026)

The Iran Disaster Is an Opportunity to Turn Away From Hawkish Idiocy and Reset Our Relationship With the Region by Matt Duss, The Nation (June 2026)

On the first episode of What’s the Point?, Richard Denniss discusses the reasons behind One Nation grabbing the headlines, why it is highly unlikely Pauline Hanson will be Prime Minister after the next election and what the current Prime Minister can do to turn things around for Labor.

Host: Dr Richard Denniss, Co-CEO, The Australia Institute

The post What’s the Point of One Nation? appeared first on The Australia Institute.

If fire ants are allowed to spread across Australia, thousands of pets could be killed and households could be hit with costs of over $1 billion each year, according to new research by The Australia Institute.

The invasive species, originally from South America, has been detected in several states, with Queensland so far the worst affected.

Almost all of Australia is suitable habitat for fire ants and the potential damage to agriculture, the environment and households is huge.

Key points:

• State and federal government funding to eradicate fire ants is well below the $300 million per year recommended by government experts.
• International data suggests 30% of people in fire ant-infested areas get stung each year, with risk of anaphylactic shock. Pets are also at risk.
• If allowed to spread across Australia, fire ant stings would result in an extra 624,000 medical visits for humans and 2.3 million vet visits for pets.
• This could see over 30 people and thousands of pets die each year.

“Fire ants are a potential economic and environmental disaster for Australia,” said Rod Campbell, Research Director of The Australia Institute.

“If a murderer said that they planned to kill 30 random Australians each year, the response would be enormous. That’s essentially what fire ants are doing – yet the response is minimal.

On this episode of Dollars & Sense, Greg and Elinor discuss Pauline Hanson’s comments on paid parental leave and childcare, the latest inflation data, the passage of the government’s capital gains tax and negative gearing changes, and the new ‘no Gregs’ club.

This discussion was recorded on Thursday 25 June 2026.

Support the research powerful interests fear. Make a tax-deductible donation to the Australia Institute’s End of Financial Year Appeal before 30 June.

Host: Greg Jericho, Chief Economist, the Australia Institute // @grogsgamut

Host: Elinor Johnston-Leek, Senior Content Producer, the Australia Institute // @elinorjohnstonleek

Show notes:

Capital gains tax changes are already having an impact on wealth inequality – and vested interests are running scared by Greg Jericho, Guardian Australia (June 2026)

Episode 1 is coming on June 29.

Richard connects the dots between policy and politics with sharp analysis. By getting straight to the point, Richard helps listeners understand how democracy works and why it matters.

Presented by the Australia Institute.

The post Introducing What’s the Point? with Richard Denniss appeared first on The Australia Institute.

On this episode of After America, Dr Lindsay Owens joins Dr Emma Shortis to discuss World Cup ticket pricing, the consolidation of corporate power in Trump’s America, the impact of the war on Iran on the US economy, and fighting back against efforts to use misinformation about the economy to demonise migrants.

This episode was recorded live on Thursday 11 June.

Support the research powerful interests fear. Make a tax-deductible donation to the Australia Institute’s End of Financial Year Appeal before 30 June.

Guest: Lindsay Owens, Executive Director, Groundwork Collaborative // @lindsayowens

Host: Emma Shortis, Director, International & Security Affairs, the Australia Institute // @emmashortis

Host: Angus Blackman, Executive Producer, the Australia Institute // @AngusRB

Show notes:

Shorter America: America’s best writers; Empire of white supremacy; Empire of toxic masculinity by Emma Shortis, The Point (June 2026)

So, it’s no surprise that as the far right seeks to stoke hatred against immigrants and the queer community, Australia is also experiencing co-ordinated efforts across three states to wind back women’s access to abortion.

The far right is a place of differing grievances and conspiracies, including neo-Nazis and incels but there’s plenty of evidence to suggest a hatred of women sits at the centre of their toxic overlapping interests. “Misogyny isn’t just a side issue: it connects everyday violence with radicalisation.”

Just like whipping up hatred against immigrants, efforts to restrict abortion are designed to be a political lightning rod, driving outrage and engagement amongst its rabid supporters.

One Nation’s policy seeks to radically restrict abortion, with one of its senators supporting a total ban. The tactics from One Nation and others from the far right are imported straight from MAGA in the United States.

With the government set to review the scheme this year, the research shows the Safeguard Mechanism’s biggest  failure is its overwhelming reliance on carbon offsets which, in some cases, have enabled big polluters, including fossil fuel producers, to increase their actual pollution.

The report exposes the extraordinary lack of integrity in offsets as well as the accounting tricks which have enabled the government to keep approving new fossil fuel projects while falsely claiming its policies are reducing real emissions.

Key points:

• The Safeguard Mechanism has failed to deliver promised reductions in gross emissions.
• The scheme has enabled polluters to claim “net reductions” in emissions while actual pollution levels are rising.
• Proposals to open the Safeguard Mechanism to international offsets would further reduce the scheme’s integrity.
• By enabling coal and gas expansion, the policy could put Australia in breach of international law.
• Allowing big polluters to use unlimited offsets makes Australia an outlier in international climate policy, alongside countries like Kazakhstan.

“While millions of Australian homes and businesses are doing the right thing, installing solar panels and batteries, and buying EVs, many of our biggest polluters are using dodgy offsets to pollute more than ever,” said Dr Richard Denniss, co-CEO of The Australia Institute.

KPMG today faces the powerful Parliamentary Joint Committee on Corporations and Financial Services.

The large, diversified firm has received a three-month ban from new government work after mishandling a whistleblower complaint, but the Albanese Government is yet to adopt recommendations from two parliamentary inquiries into misconduct by management consultant firms.

Key details: 

On this episode of Dollars & Sense, Greg and Elinor discuss the latest interest rates decision, Greg and Matt Grudnoff’s field trip to a Senate committee, and why one newspaper is running a front-page story about Pokémon card collectors and capital gains.

This discussion was recorded on Thursday 18 June 2026.

Support the research powerful interests fear. Make a tax-deductible donation to the Australia Institute’s End of Financial Year Appeal before 30 June.

Host: Greg Jericho, Chief Economist, the Australia Institute // @grogsgamut

Host: Elinor Johnston-Leek, Senior Content Producer, the Australia Institute // @elinorjohnstonleek

Show notes:

The bleak view that unemployment needs to rise shows the RBA acts firstly in the interests of companies, not workers by Greg Jericho, Guardian Australia (June 2026)

On this episode of Follow the Money, Leanne Minshull and Rod Campbell join Ebony Bennett to discuss Australia’s dud deal on gas and the Australia Institute’s new petition calling on the government to hold a plebiscite on a gas export tax.

This episode was recorded on Tuesday 16 June.

Sign the petition calling for a national plebiscite on a 25% Gas Export Tax.

Support the research powerful interests fear. Make a tax-deductible donation to the Australia Institute’s End of Financial Year Appeal before 30 June.

Guest: Leanne Minshull, co-Chief Executive Officer, the Australia Institute // @leanneminshull

Guest: Rod Campbell, Research Director, the Australia Institute // @rodcampbell

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

Show notes:

Since the RBA raised the cash rate from 4.10% to 4.35% in May – the third straight rate hike – unemployment has risen to 4.5% and the March quarter National Accounts reveal household discretionary spending was already stalling before the rate rises, as households cut back in order to pay for essentials.

“The current level of inflation has not been driven by either wages or consumer spending,” said Greg Jericho, Chief Economist at The Australia Institute.

“Rather, it’s been driven by increased profits and the war in Iran.

“For too long the Reserve Bank has punished households out of a belief that a wage-price spiral was just around the corner.

“Maybe they finally get it. Maybe the RBA board members understand they’ve been unfairly inflicting unnecessary pain on mortgage holders.”

The post Rates on hold. Maybe the RBA finally gets it … appeared first on The Australia Institute.

On this episode of After America, foreign policy analyst Matt Duss and Dr Emma Shortis discuss the war on Iran, what the administration might be planning with regards to Cuba, the UFC fight on the White House lawn, and what a more progressive Australia-US alliance could look like.

This episode was recorded live on Friday 12 June.

Support the research powerful interests fear. Make a tax-deductible donation to the Australia Institute’s End of Financial Year Appeal before 30 June.

Guest: Matt Duss, Executive Vice President, Center for International Policy // @mattduss

Host: Emma Shortis, Director, International & Security Affairs, the Australia Institute // @emmashortis

Show notes:

Shorter America: Alliances crumble; White supremacy at home and abroad; History matters (always) by Emma Shortis, The Point (June 2026)

What’s the Left’s Vision for Foreign Policy After Trump?, The Ezra Klein Show (June 2026)

Polling shows the vast majority of Australians want a fair return for their gas.

Unions, community groups, charities, crossbench MP’s and business leaders are calling for a gas export tax.

Research by The Australia Institute reveals that if the Albanese Government had introduced a gas export tax after it was first elected, it would have raised more than $70 billion by now.

The research also shows that:

• More than half the gas exported from Australia is given away royalty-free.
• The Japanese government collects more tax from Australian gas exports than the Australian government.
• Enough gas to supply Australian homes and businesses for more than 20 years has been used in gas exports in the past 5 years, while Australians have been threatened with shortages.
• Allowing unrestricted gas exports from the east coast of Australia has resulted in domestic wholesale gas prices more than tripling and electricity prices doubling.
• Australian beer drinkers pay more in beer excise than the gas industry pays in Petroleum Resource Rent Tax.

“It’s not clear why the government won’t impose a 25% tax on gas exports, but what is clear is that they are not in a hurry to do it,” said Leanne Minshull, co-CEO of The Australia Institute.