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The Point recognises the ancestral connections and custodianship of Traditional Owners throughout Australia. We pay respect to Aboriginal and Torres Strait Islander cultures and to Elders past and present.

©2025 The Point, an initiative of The Australia Institute

Economy

WHAT'S NEW

In Australia we tax work relentlessly and transparently, while we let wealth quietly compound

By David Richardson

Two decades ago, the total household wealth of all Australian was equal to 5.7 times household income. Today it’s 8.8. That jump isn’t because workers got lazy.

Economy
In Australia we tax work relentlessly and transparently, while we let wealth quietly compound

OPINION

There's few easier ways to demonstrate the inequality of Australia’s tax system than 'wealth advice' columns in Australia's major papers

Greg Jericho
Greg Jericho

Last week the Australian Financial Review’s wealth column advised wealthy Australians of a way to put more money into superannuation, but which in truth was just another example of how the system is being abused.

Economy
There's few easier ways to demonstrate the inequality of Australia’s tax system than 'wealth advice' columns in Australia's major papers

PODCASTDollars & Sense

How ScoMo stuffed the GST

Economy
Apple PodCastSpotify PodCast
How ScoMo stuffed the GST

WHAT'S NEW

There's a flaw with GST - and it's costing state budgets billions of dollars every year

By staff writers

States and territories will miss out on between $25 and $26 billion in the next financial year and $107 and $122 billion over the forward estimate, according to new data.

Economy
There's a flaw with GST - and it's costing state budgets billions of dollars every year

WHAT'S NEW

Measuring What Matters. If you don’t measure, does it really matter?

By staff writers

A leading economist says the federal government has made a mess of its noble ambition to measure Australians’ wellbeing.

EconomySociety & Culture
Measuring What Matters. If you don’t measure, does it really matter?

WHAT'S NEW

A win-win voucher plan: revive the ailing arts sector, and help young people have fun despite cost-of-living

By staff writers

A submission to an inquiry into the decline of the arts sector recommends $200 vouchers for young people to support artists, writers, musicians and other creative Australians. The sector needs it.

EconomySociety & Culture
A win-win voucher plan: revive the ailing arts sector, and help young people have fun despite cost-of-living

PODCASTDollars & Sense

The biggest risk to Australia’s economy

Economy
Apple PodCastSpotify PodCast
The biggest risk to Australia’s economy

WHAT'S NEW

Employment rates are falling, but that's the RBA's plan

By Greg Jericho

It now sadly appears that we have said goodbye to unemployment below 4%. It was, however, a level of unemployment the Reserve Bank believed was not sustainable.

Economy
Employment rates are falling, but that's the RBA's plan

WHAT'S NEW

US Federal Reserve cuts rates: how does this affect Australia?

By Matt Grudnoff

If things get worse and the US economy falls into a recession, it is possible that it will have a more significant impact on our economy.

Economy
US Federal Reserve cuts rates: how does this affect Australia?

WHAT'S NEW

Jim Chalmers' Wellbeing Framework a worthy aim, but still a big miss

By Greg Jericho

The release of latest “Measuring What Matters” figures reveals we still have a very long way to go before developing a true wellbeing framework.

Society & CultureEconomy
Jim Chalmers' Wellbeing Framework a worthy aim, but still a big miss
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