AAP Image/Mick Tsikas
The joint US-Israel war on Iran could have serious, lasting impacts on the global economy.
On this episode of Dollars & Sense, Greg and Skye discuss the economic impact of the illegal US-Israel war on Iran, the latest Australian GDP data, and why the Reserve Bank seems to want more Australians to be unemployed.
This discussion was recorded on Thursday 5 March 2026.
What we owe the water: It’s time for a fossil fuel treaty by Kumi Naidoo, is available now for just $19.95. Use the code ‘PODVP’ at checkout to get free shipping.
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Host: Greg Jericho, Chief Economist, the Australia Institute // @grogsgamut
Host: Skye Predavec, Researcher, the Australia Institute // @skyelark
Show notes:
Australia’s GDP growth is partly due to government spending. So why isn’t the Coalition complaining? by Greg Jericho, Guardian Australia (March 2026)
The US and Israel attack Iran, foment chaos, After America, the Australia Institute (March 2026)
ACTU plan would fix gas policy mess and raise $12.5b for Australians, the Australia Institute (August 2025)
Tax: Beer drinkers vs gas companies by Rod Campbell, the Australia Institute (February 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.
A fresh political battle is brewing over how Australia should fix the housing crisis, with Shadow Treasurer Tim Wilson arguing against changes to the capital gains tax (CGT) despite criticising the scheme in the past.
The health of the economy was revealed this week with the release of economic growth figures showing the economy grew at a better-than-expected rate of 2.6% for 2025. This compared to the forecast of just 2.2%.
The Workplace Gender Equality Agency (WGEA) has released their gender pay gap data today and while we took a tiny step closer to pay equity, men are still almost twice as likely to be in the highest earning quartile – earning more than $220,000.
Independent Senator for the ACT David Pocock has called for an inquiry into why gas companies pay less for gas exports than Australians pay in the beer excise.
