On this episode of What’s the Point?, Richard Denniss explains the theory of ‘trickle-down’ economics – and why so much of the money seems to be trickling the other way.
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On this episode of Dollars & Sense, Greg Jericho tells Skye Predavec that households will struggle “for not much good” because of the Reserve Bank’s latest interest rate hike.
On this episode of What’s the Point?, Richard Denniss explains what’s really driving inflation in Australia and why interest rates aren’t actually the only way to control it.
The latest corporate tax data released today by the Australian Tax Office (ATO) showed that once again, major gas producers are paying no company tax, and despite claims that changes to the Petroleum Rent Resources Tax (PRRT) would deliver “more revenue sooner”, the PRRT in 2024-25 raised less tax than in 2020-21.
Inflation in August rose from 3.5% to 4.0%, which might make you think the RBA had a point in raising interest rates yesterday. The problem is that all of the increase was due to petrol prices.
The Australia Institute’s Chief Economist Greg Jericho has slammed the Reserve Bank of Australia’s (RBA) decision to raise interest rates again, arguing there is no data to justify increasing them to the highest level seen in 15 years.
