Thu 28 May 2026 17.00 AEST
AAP Image/Lukas Coch
Coverage of One Nation’s gas policy made it sound like the beginning of some kind of people’s revolution, but without a 25% gas export tax, Australians will get short-changed.
On this episode of Dollars & Sense, Greg and Elinor discuss Pauline Hanson’s gas policy announcement, the failure at the heart of Australia’s employment services system, and what the latest inflation data could mean for interest rates.
This discussion was recorded on Thursday 28 May 2026.
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Host: Greg Jericho, Chief Economist, the Australia Institute // @grogsgamut
Host: Elinor Johnston-Leek, Senior Content Producer, the Australia Institute // @elinorjohnstonleek
Show notes:
Australians with disabilities copped the biggest cuts in the budget. Yet conservative media’s heart bleeds only for the wealthy by Greg Jericho, Guardian Australia (May 2026)
The case for a gas export tax, explained by Richard Denniss, The Point (May 2026)
Australia’s Gas Giveaway, the Australia Institute
Why the industry loves Hanson’s gas policy – and Labor won’t by Amy Remeikis, The Point (May 2026)
Theme music: Blue Dot Sessions
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Today, the Australian Bureau of Statistics revealed that annual inflation in April was 4.2%, down from 4.6% in March. While it is likely to have little impact on the Reserve Bank of Australia’s (RBA) rate decision next month, the figures at least show that the large jump in inflation in March was a once-off.
Employment Minister Amanda Rishworth has announced what she described as “once-in-a-generation reforms”, declaring Australia’s “one-size-fits-all” employment services system is failing the country’s 1.1 million jobseekers.
