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The Money

The Money looks at Australia and the world through an economic lens. It explores how economics influences everything else.

society & culture business news

All Episodes

28:37

Nauru rejoins the high income club

The Money ·

2021/04/22

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

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29:10

Happy to spend: consumer confidence soars

The Money ·

2021/04/15

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, WestpacJulie Rynski, NAB Executive, Regional

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28:36

America’s $2 trillion infrastructure package; young...

The Money ·

2021/04/08

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.

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29:17

Accelerate vaccinations to avoid further lockdowns

The Money ·

2021/04/01

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 SchoolKate Griffiths, Policy Analyst, The Grattan InstituteMark Ogge,

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28:37

Tight fit in the Suez Canal; farewell Jobkeeper

The Money ·

2021/03/25

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.

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29:49

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

The Money ·

2021/03/18

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

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28:37

Rare opportunity for Australia as demand for critical...

The Money ·

2021/03/11

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 CouncilKristina Clifton, Senior Economist, Commonwealth BankJeffrey

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28:37

Top salaries for tech workers but no pay rise in...

The Money ·

2021/03/04

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 FinderAlison Pennington, Senior Economist, Centre for Future Work, Australia InstitutePaul, employee at air conditioning manufacturing firmChi

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28:37

Quantitative easing for beginners and hot-desking in...

The Money ·

2021/02/25

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

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34:10

Jobkeeper subsidy "straight to the bottom line"

The Money ·

2021/02/18

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 MattersStephen Hamilton, Chief Economist, Blueprint InstituteProfessor Damon Centola, Director of

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28:37

What if Google packed up its search engine and went...

The Money ·

2021/02/11

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

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28:38

Child poverty in Australia and strong demand for TAFE...

The Money ·

2021/02/04

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 AustraliaWendy Field, head of policy and programs, The Smith FamilyJade

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28:37

Biden’s economic plan, and the banking Royal...

The Money ·

2021/01/28

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

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28:35

Poker lessons and the 20-minute neighbourhood

The Money ·

2021/01/21

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

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28:37

Brisbane rapid-test company sends kits to US +...

The Money ·

2021/01/14

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

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28:36

Philanthropists spending fast to fight climate change

The Money ·

2021/01/07

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 FoundationSue McKinnon, Director, McKinnon Family FoundationJeff Wicks, Director, ACME FoundationAmanda Martin, CEO, Australian Environmental Grantmakers

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28:37

Rethinking deficits and the future of city office space

The Money ·

2020/12/31

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.

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28:36

The ups and downs of 2020

The Money ·

2020/12/17

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

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28:58

The housing have-nots and is cash dead?

The Money ·

2020/12/10

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 UniversityIrene, renter from VictoriaDiana Mousina, Senior Economist, AMP

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30:14

Diversify trade and what not to buy for Christmas

The Money ·

2020/12/03

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,

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283 results

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