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The Economy, Stupid

ABC Australia
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Formerly The Money, The Economy, Stupid is your weekly guide to the world of business, economics and finance. Every Thursday, economist Peter Martin is joined by a team of sharp young thinkers for a fresh conversation about the financial stories making headlines and how they might affect you.

PublishesWeeklyEpisodes494Founded10 years ago
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Artwork for The Economy, Stupid

Latest Episodes

You know what they say about a crisis, suddenly, all sorts of things become possible. During the COVID crisis, the government doubled Newstart, paid wage bills, and allowed access to super - things that had almost no chance of happening. Right now, w... more

Australia’s birth rate is collapsing, heading for a record low next year, well below the level needed for the population to replace itself.

Fewer couples, fewer kids, and a world where ageing societies reshape everything from innovation to taxes. W... more

What happens when the economy stops playing by the rules?

We’re taught that inflation and unemployment move like a seesaw, one goes up, the other goes down. But sometimes the seesaw snaps. Prices climb and people lose jobs at the same time.

It hap... more

The Reserve Bank says it’ll do whatever it takes to crush inflation, even if it means Australia falls into recession. But for millions of Australians, the pain is already here with petrol prices soaring and mortgage repayments climbing. So did the RB... more

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Recent Guests

Bob Gregory
Former member of the Reserve Bank Board; economist
Australian National University (former RBA board member)
Episode: Stagflation is about to push unemployment higher: here's what to expect
Gareth Hutchens
ABC Business and Economics Reporter
Australian Broadcasting Corporation
Episode: Stagflation is about to push unemployment higher: here's what to expect
Gianni La Cava
Research Director at the e61 Institute
e61 Institute
Episode: Did the RBA just choose recession?
Saul Kavernick
Energy Specialist, MST Financial
MST Financial
Episode: Navigating a global energy crisis
Angela McDonald-Smith
Senior Resources Writer
Australian Financial Review
Episode: Navigating a global energy crisis
Diane Coyle
Bennett Professor of Public Policy, University of Cambridge
University of Cambridge
Episode: War boosts GDP. But should it?
Nicky Hartley
Independent economist and GDP aficionado
Independent Economist
Episode: War boosts GDP. But should it?
Saul Eslake
Economic consultant, former chief economist for ANZ Bank and Bank of America Merrill Lynch in Australia
Episode: WA’s Special Deal: Fair Reward or Billion‑Dollar Rort?
Michael Pascoe
Former finance editor at The Nine Network, now writes for Michael West Media
Michael West Media
Episode: Will this be the last rate hike?

Host

Peter Martin
Host and economist known for his analyses and discussions on economic news and policies. Engages with young thinkers and experts to present fresh perspectives on financial issues.

Reviews

4.6 out of 5 stars from 637 ratings
  • Concise

    Brilliant podcast, short sweet and full of interesting information.

    Apple Podcasts
    5
    DannyBGood1!
    Australia10 months ago
  • Excellence all ‘round

    The content is excellent. The host is excellent. The guests are excellent. Even the music is excellent. What I love best, though, is the pacing.

    I essentially curate my own radio station by opting for whichever topic appeals to me most from more than 30 political/history podcasts. And I’m usually doing some mindless task or driving at the same time.

    I’m in a position to judge the technical skills of the broadcasts on display and the deft interplay between and among host and guests. The segues... more

    Apple Podcasts
    5
    Hovelites
    Australia10 months ago
  • Left wing dribble

    The most left wing socialist podcast I’ve ever listened to.

    Apple Podcasts
    1
    murfgamer
    Australia10 months ago
  • Not on a par with On The Money

    The new show’s been dumbed down to a tedious degree.

    Also, so strongly aligned with all things that benefit homeowners being economically ‘good’ - as a renter, I can’t help but roll my eyes at this myopic viewpoint that gets endlessly repeated.

    Apple Podcasts
    3
    Tcmspark
    Australia10 months ago
  • Left Leaning (ABC)

    Richard Aedy ran a great show, this replacement is no longer politically neutral. Sad that it has come to this.

    Apple Podcasts
    2
    PGoodwill78
    Australiaa year ago

Listeners Say

Key themes from listener reviews, highlighting what works and what could be improved about the show.

The show features high-quality production and a top-notch selection of guests, which resonates well with the audience.
Some feedback indicates a perception of bias in political leanings, with critics calling for a more balanced approach in presenting differing viewpoints.
Listeners appreciate the engaging and informative discussions, often highlighting the host's ability to explain complex topics with clarity.

Chart Rankings

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Talking Points

Recent interactions between the hosts and their guests.

Stagflation is about to push unemployment higher: here's what to expect
Q: How did the Accord influence wage setting and inflation expectations during that period?
The Accord locked in wage increases to match expected inflation, so unions and the government effectively indexed wages to anticipated price rises; this reduced the need for constant renegotiation but also meant wages lagged behind actual inflation when price rises accelerated, contributing to later inflationary pressure and the need for tighter policy.
Stagflation is about to push unemployment higher: here's what to expect
Q: Bob, what was the key mechanism that ended up pushing unemployment higher alongside inflation in the 1970s?
The crucial driver was the combination of rising real wages outpacing productivity gains, plus the oil-price shock, which pushed costs up for employers and led to higher unemployment even as prices were rising; policy responses at the time tried to fix the price level through measures like wage controls and tariffs, but those had limited lasting impact.
Will house prices go up in 2026?
Q: What are some proposed tax reforms that could affect housing affordability?
Suggestions include winding back capital gains tax concessions for property investors and exploring a swap from stamp duty to land tax to help improve housing affordability.
Will house prices go up in 2026?
Q: How has the US economic situation influenced Australia's housing market?
The resilience of the US economy and its policies, including tariffs and interest rates, complicates predictions for Australia, though many believe Australia might remain somewhat insulated from US fluctuations.
Will house prices go up in 2026?
Q: What is the outlook for house prices in 2026 according to current economic factors?
The expectation is that house prices may continue to rise modestly due to the influence of ongoing economic policies, low interest rates, and government schemes still affecting market dynamics.

Audience Metrics

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Frequently Asked Questions About The Economy, Stupid

What is The Economy, Stupid about and what kind of topics does it cover?

Focused on business and economic issues, the content provides listeners with timely analyses of financial stories and their implications for everyday life. Discussions often revolve around key topics such as taxation, interest rates, housing markets, and corporate responsibilities, engaging experts and economists to explore these matters in depth. The unique blend of current affairs with expert insights aims to make complex economic topics accessible and relatable, undoubtedly benefiting those interested in understanding the financial landscape and its repercussions on society.

Listeners can expect a thoughtful examination of various economic challenges facing Australia, often emphasizing social equity and policy implications. The podcast ... more

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Which podcasts are similar to The Economy, Stupid?

These podcasts share a similar audience with The Economy, Stupid:

1. Rear Vision — How History Shaped Today
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4. Big Ideas
5. Saturday Extra - Full program podcast

How many episodes of The Economy, Stupid are there?

The Economy, Stupid launched 10 years ago and published 494 episodes to date. You can find more information about this podcast including rankings, audience demographics and engagement in our podcast database.

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What guests have appeared on The Economy, Stupid?

Recent guests on The Economy, Stupid include:

1. Bob Gregory
2. Gareth Hutchens
3. Gianni La Cava
4. Saul Kavernick
5. Angela McDonald-Smith
6. Diane Coyle
7. Nicky Hartley
8. Saul Eslake

To view more recent guests and their details, simply upgrade your Rephonic account. You'll also get access to a typical guest profile to help you decide if the show is worth pitching.

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