AAP Image/Lukas Coch
Even the Mathias Cormann-led OECD says the capital gains tax discount and negative gearing are a problem.
On the first episode of Dollars & Sense for 2026, Greg and Elinor discuss why the Radical Left Lunatics at the OECD think Australia’s property investor tax concessions are busted, why inflation is your fault (*for shame*), AUKUS spending, and that one time Greg went too hard on New Year’s Eve.
This discussion was recorded on Thursday 29 January 2026.
A time for Bravery: what happens when Australia chooses courage is available now via Australia Institute Press. Use the code ‘POD5’ to get $5 off the regular price – offer available for a limited time only.
Host: Greg Jericho, Chief Economist, the Australia Institute // @grogsgamut
Host: Elinor Johnston-Leek, Senior Content Producer, the Australia Institute // @elinorjohnstonleek
Show notes:
The easy thing for the RBA to do next week is raise interest rates. The smart move is to wait by Greg Jericho, Guardian Australia (December 2025)
Beware the headlines: Most of December’s CPI “jump” was driven by costly summer travel by Matt Grudnoff, The Point (January 2026)
OECD says it’s time to cut the capital gains tax discount and negative gearing by Greg Jericho, The Point (January 2026)
All the money, none of the submarines: AUKUS deal paying upfront for hopes and dreams by Greg Jericho, The Point (January 2026)
How Australia can chart its own course in an uncertain world, Follow the Money, the Australia Institute (January 2026)
Theme music: Blue Dot Sessions
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.
This week, the Prime Minister announced $1.1bn in funding for the Kwinana Westport container terminal proposal. But while this project has long been argued by Western Australian governments as necessary, it relies on assumptions that have not materialised and would result in billions of dollars committed to an unecessary project rather than to the urgent and visible crises in housing, healthcare, and education infrastructure.
Prime Minister Anthony Albanese has ruled out applying a gas export tax to existing contracts despite overwhelming public support, as pressure for a fairer return from Australia’s gas exports continues to build ahead of the budget.
