Wealth of nations: how Australia’s prosperity is funnelled to the ultra-rich
Follow The Money21 Elo 2024

Wealth of nations: how Australia’s prosperity is funnelled to the ultra-rich

Australia’s flawed tax system means that there’s never been a better time to be ultra-wealthy in Australia, despite some people struggling to put food on the table.

We’re told it’s a cost-of-living crisis, but not everyone is feeling the pinch. New Australia Institute research shows that the ultra-rich are getting richer, thanks in part to Australia’s distorted tax system. On this episode of Follow the Money, Dr Richard Denniss and Dave Richardson join Dr Alice Grundy to discuss the growing problem of inequality and what we can do to fix it.

This discussion was recorded on Tuesday 20 August 2024 and things may have changed since recording.

australiainstitute.org.au // @theausinstitute

Guest: Richard Denniss, Executive Director, the Australia Institute // @RDNS_TAI

Guest: David Richardson, Senior Research Fellow, the Australia Institute // @daverr01

Host: Alice Grundy, Anne Kantor Research Manager, the Australia Institute // @alicektg

Show notes:

Wealth and inequality in Australia by David Richardson and Frank Stilwell, the Australia Institute (August 2024)

‘The Morrison election: What we know now’ by Richard Denniss, The Monthly (June 2019)

Theme music: Pulse and Thrum; additional music by 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.

Support Follow the Money: https://nb.australiainstitute.org.au/donate

See omnystudio.com/listener for privacy information.

Jaksot(412)

Yanis Varoufakis on misogyny, resistance and why everything could be different

Yanis Varoufakis on misogyny, resistance and why everything could be different

There is no reason our societies can’t change radically, to produce more of what we need and less of the things that are sowing the seeds of our own destruction, says Yanis Varoufakis. On this episode...

8 Huhti 31min

Prices skyrocket but major fuel shortages "very unlikely"

Prices skyrocket but major fuel shortages "very unlikely"

Petrol and diesel prices are sky high because of the illegal US-Israel war on Iran, but major fuel shortages in Australia are very unlikely. Matt Grudnoff and Ebony Bennett discuss Australia’s relati...

1 Huhti 25min

How a gas export tax could transform Australia

How a gas export tax could transform Australia

A 25% gas export tax would drive down gas prices for Australians and collect billions of dollars that can be used to provide better, cheaper health and education services. On this episode of Follow t...

25 Maalis 34min

Australia’s fossil fuel subsidies are out of control

Australia’s fossil fuel subsidies are out of control

Now costing Australian governments $31,020 per minute, fossil fuel subsidies are growing faster than spending on the NDIS. On this episode of Follow the Money, Rod Campbell and Ebony Bennett discuss ...

18 Maalis 33min

AUKUS drags Australia towards US-Israel war on Iran

AUKUS drags Australia towards US-Israel war on Iran

The Australian government has been trying to placate Trump in order to secure the AUKUS submarine deal – and now we are seeing the results. On this episode of Follow the Money and After America, Dr Em...

11 Maalis 34min

Gary Stevenson on wealth inequality and the rise of the far-right

Gary Stevenson on wealth inequality and the rise of the far-right

The far-right is benefitting from a failing status quo – but it doesn’t have to be this way. On this episode of Follow the Money, author and economist Gary Stevenson joins Ebony Bennett to discuss wea...

3 Maalis 28min

“On the brink of extinction”: Niki Savva on the modern Liberal Party

“On the brink of extinction”: Niki Savva on the modern Liberal Party

Shedding voters on the left and the right, is the Liberal Party heading for “oblivion”? On this episode of Follow the Money, journalist and author Niki Savva and Australia Institute co-Chief Executive...

25 Helmi 40min

Joseph Stiglitz on super profits, capital gains and why corporate tax is good for democracy

Joseph Stiglitz on super profits, capital gains and why corporate tax is good for democracy

Inequality creates insecurity and, as the United States is demonstrating right now, that insecurity can have devasting consequences for democracy. On this episode of Follow the Money, Nobel Prize-winn...

18 Helmi 31min

Suosittua kategoriassa Politiikka ja uutiset

uutiscast
aikalisa
politiikan-puskaradio
ootsa-kuullut-tasta-2
rss-ootsa-kuullut-tasta
tervo-halme
rss-asiastudio
rss-vaalirankkurit-podcast
otetaan-yhdet
rss-podme-livebox
the-ulkopolitist
rss-raha-talous-ja-politiikka
et-sa-noin-voi-sanoo-esittaa
rss-kaikki-uusiksi
rss-hyvaa-huomenta-bryssel
rss-ulkopoditiikkaa
rss-pinnalla
rss-50100-podcast
rss-kuka-mina-olen
rss-girls-finish-f1rst