The Money - Full program podcast

The Money - Full program podcast

Australia

The Money is a weekly 30 minute program that explains how the Australian economy and everything in it works, and how this all connects to the global economy.

Episodes

Money: it's personal—it's not easy being rich  

It goes without saying that there are huge pluses in having plenty of cash. But there’s also a darker and more difficult side to this gilded world.

Money: it's personal—love and money  

They say arguing over money early on in a relationship is one of the predictors of divorce. Can two people who have very different ideas about finances manage to stay under the same roof?

Money: it's personal—the piggybank years  

How do our childhood experiences shape adult attitudes to money? And how do today’s 20-somethings manage money, from credit card debt to who pays on a date?

How a hit is made: the economics and psychology of pop culture  

How does a song become a number one? Or a book become a best seller? Or a school of painting become the dominant artistic movement? People all over the world are trying to make a hit but how do you do it and what part does luck play? These are questions Derek Thompson asks in his new book and he's the hit of this week's episode of The Money.

We need to talk about residential aged care  

The economics of leaving home late in life are difficult to manage, whether it's into a retirement village or residential aged care, there are lots of emotions and equations to sort through.

Have we reached Peak Avocado?  

Three decades ago avocados really only featured in Australian households in the form of a prawn cocktail. Things started to change at the turn of the century and Australians now each more avocados per head than any other English speaking country.

Rethinking economic expertise  

Listen to the news or pick up the paper and you'll be faced with economics. Housing prices, wage stagnation, interest rates... it's everywhere. But is it good enough?  An insurgency within the discipline says it isn’t.  Begun by university students, who feel the discipline is too narrow and too reliant on models that don't always work, they want economics to be more connected to the real world.  They’ve formed an organisation calling for change - Rethinking Economics.

Economic clusters: how they work and what they're good for  

Governments around the world are trying to create business clusters to grow their economies.

Economics of scams  

History is full of cons, grifts and scams. You think we'd learn but we never do, and you think that until it happens to you. Scams are on the increase because the internet enables economies of scale and greater sophistication.

Soothes roads, eases congestion: can a tax improve the traffic?  

Car culture is part of the Australian psyche but it’s having a huge effect on our cities.  Congestion delays us by millions of hours a year and costs us tens of billions in lost productivity. 

The economics of immigration  

Australia's population is not far from 24 and a half million. It's growing at a shade under 350 thousand a year, of which almost 190 thousand is immigration. At this rate, by mid century we'll be at least 40 million.

Economics of Fashion  

Fashion is big business. Trillions and trillions of dollars and growing. But a lot of the money is wasted. Clothes are now so cheap many are hardly worn before they're thrown out. And then there are the environmental costs and labour conditions many garment makers still endure.

How money messes with you  

How money messes with you.

The Book of Common Investing  

Financial advisors are rarely the best people to manage your money says John Kay, one of Britain's leading economists.

The Curious Case of School Funding in Australia  

Schooling is important and expensive. In Australia we spend tens of billions of dollars every year, and that's just from the public purse. But we don't just have a public system, we have three systems, all of which get public money.

Gridlock? Making sense of the electricity market  

Electricity bills have doubled in the last five years. In fact, in the last decade Australia has gone from having almost the cheapest power in the world to some of the most expensive.

Gridlock? Making sense of the electricity market  

Electricity bills have doubled in the last five years. In fact, in the last decade Australia has gone from having almost the cheapest power in the world to some of the most expensive.

Know the score: the economics of orchestras  

Orchestras are cultural institutions that go hand in hand with cities. Australia has six, one in each state capital, but all orchestras run operational deficits. The money they earn from performances doesn't cover the running costs.

Why is economic inequality on the rise and what stops it getting worse?  

Economic inequality is growing in Australia. It's been steadily increasing since 1981, when things were fairer. We think we know why this happens, what isn’t clear is how to reverse it. Walter Scheidel says history shows inequality can decline, indeed, it declined for most of the 20th Century.  But you should be careful what you wish for. 

Rankings and how they work: from web search to workplace  

Rankings are everywhere. They're at the heart of search engines and recommendations. They permeate education, banking, the public sector and the many indexes of human life. And of course they absolutely dominate sport. The league table and the ladder are the clearest rankings there are.

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