Episodit
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People are drinking less alcohol, especially Millennials and Gen Z. And the drinks industry has noticed.
Low-alc and no-alc drinks make up a tiny fraction of the market. But it’s growing at 7 percent a year. And, as more of us either moderate our drinking or stop altogether, the future for these drinks look bright.
But the way they’re advertised, marketed and packaged makes them look very like alcoholic drinks and there’s some concern they may act as a gateway to alcohol.
Guests:
Simon Strachan, CEO, Drinkwise
Elfrun von Koeller, Managing Director & Partner, Boston Consulting Group
Andy Miller, CEO, Heaps Normal
Dr Ashlea Bartram, Senior Research Fellow, National Centre for Education and Training on Addiction, Flinders University
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TikTok, the phone app that sends a stream of viral videos to every user, is in trouble in the United States.
The company must either change its Chinese ownership, or leave the American market.
In response, TikTok is underlining its economic contribution, in Australia and elsewhere. So how much difference does it make?
Guests:
Dr Joanne Gray, Lecturer in Digital Cultures, University of Sydney
Ariana Hendry, Co-founder, Beysis
Kristian Kolding, Head of Consulting, Oxford Economics Australia
Professor Vili Lehdonvirta, Oxford Internet Institute, Oxford University
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Puuttuva jakso?
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As they say a “diamond is forever”. But does it matter if that diamond is grown in a lab or mined from the Earth? Especially if they both are chemically, physically, and optically identical.
And given that cost of living pressures are colliding with consumers’ desire to not compromise on size or quality, more and more Australians can see the logic behind lab grown gems. In America, lab-grown may have peaked.
Guests:
Cormac Kinney, Founder & CEO, Diamond Standard
Paul Zimnisky, Leading Global Diamond Industry Analyst
Talitha Cummins, Founder, the Cut Jewellery
Eloise Sohier, Customer, The Cut Jewellery
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This year’s Budget tries to do several things at once. In the short term it offers cost-of-living relief but tries not to contribute to inflation. In the longer term it departs from decades of economic orthodoxy by picking industries to invest in. Specifically, green hydrogen and critical minerals.
But will it work? And how responsible is it? Three of the country’s leading economists offer their views.
Guests:
Shane Oliver, Chief Economist, AMP
Richard Holden, Professor of Economics, UNSW Business School
Luci Ellis, Chief Economist, Westpac Banking Group
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Australians have a sleeping problem. The most conservative estimates show one in 10 have a sleep disorder, which is having an impact on their safety, wellbeing and productivity.
This ends up costing almost a $1 billion a week. And that’s not all. The total cost of inadequate sleep is thought to be as high as $75 billion a year.
We’re not alone either. International research shows places like the US, the UK and Europe are facing similar problems, with similar costs.
Guests:
Shanthakumar Rajaratnam, Chair of the Sleep Health Foundation
Professor Ron Grunstein, The Woolcock Institute
Wendy Troxel, The Rand Corporation
Zafina Ademi, Professor of Health Economics, Monash University
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You don’t need to be paying too much attention to be aware that economic growth matters.
Growth is central to economics. And growth of the last 60 years has delivered. We’ve seen a rise in prosperity, and developments in health and education.
But the pursuit of growth has also had consequences.
In his new book Growth: A Reckoning, Daniel Susskind explores the tension between the positives and negatives created by the pursuit of growth.
Guest:
Daniel Susskind, Research Professor in Economics at King’s College London
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Research shows loneliness costs the Australian economy $2.7 billion per year or $1565 per person.
The World Health Organisation has also declared loneliness to be a global health concern. And it’s estimated loneliness has an equivalent health impact on the body to smoking 15 cigarettes a day.
Before the pandemic older Australians were found to be the loneliest in the nation. But now the data now shows this has shifted and younger Australians are the feeling the effects of being alone and isolated.
Technology has allowed us to be more connected than before, but has all this left us lonelier than ever?
Guests:
Andrew Dempster, Principal Director & Leader of the National Mental Health Advisory Business, KPMG
Roger Wilkins, Professorial Fellow at Melbourne Institute of Applied Economic and Social Research, and Co-Director of the HILDA Survey
Liesel Sharabi, from the Hugh Downs School of Human Communication at Arizona State University.
Lixia Qu, Senior Research Fellow at the Australian Institute of Family Studies.
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The growth of cyber-crime is considered to be the biggest challenge facing Australian businesses.
Collectively cyber-attacks cost the economy $42 billion dollars last year, with ransomware the most disruptive type of hack, costing $3 billion.
So what is the government doing? And what can organisations do, both to lower their risk of attack, and if the hackers succeed in accessing their systems?
Guests
Nick Espinosa, Chief Security Fanatic, Security Fanatics
Dr Jay Jeong, Senior Research Fellow, University of Melbourne
Dr David Tuffley, Senior Lecturer in Cyber Security, Griffith University
David Cullen, National Director of Advocacy, CISO Lens
Abi Bradshaw, Head of the Australian Signals Directorates Cyber Security Centre
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New research suggests that the increase in vaping across Australia will cost the health system an extra $180 million each year and that’s a conservative figure.
Vaping has been framed as a way to stop smoking tobacco, however it can also be a gateway to taking it up. It’s estimated that 13 per cent of people who vape transition to cigarettes.
The Australian government has called vapes a public health menace and introduced restrictive anti-vaping policies. But are these policies intended to drive positive change giving rise to a dangerous black-market?
Guests:
Professor Louisa Collins, QIMR Berghofer Medical Research Institute
Dr James Martin, Senior Lecturer in Criminology, Deakin University
Becky Freeman, Associate Professor of Public Health, Sydney University
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Twice a year most Australians are made to deliberately mess with our body clocks. When we go into daylight saving and when we come out.
Many of us love the longer summer evenings. What we don’t love is the sleep adjustment that makes us feel tired, fuzzy and out of sorts.
There are plenty of arguments about whether daylight saving is a good or bad thing.
So in this episode we look at the costs and benefits and whether it’s time to rethink the concept.
Guests:
Dr Thomas Sigler, Associate Professor, University of Queensland
Allison Schrager, Economist & Senior Fellow at the Manhattan Institute
Dr Yevgeny Mugerman, Senior Lecturer, Bar-Ilan University
Dr Jayanta Sarkar, Associate Professor, Queensland University of Technology
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As we head into Easter you may have noticed the price of your seasonal sweet treats like chocolate bunnies and eggs are a bit higher than last year.
The main reason is the price of cocoa beans or actually, the price of cocoa futures. They’ve skyrocketed by more than 100% in 2024 alone and tripled over the past year.
But why is that and will we be prepared to keep paying higher prices for the sweet stuff?
Guests
Tina Angelidis: Co-Owner, Adora Chocolates
Pia Piggott: Associate Analyst, Rabobank
Professor John Dumay: Accounting & Finance, Macquarie Business School
Paul Zahra: CEO, Australian Retailers Association
Check out the Chocolate Scorecard:
https://www.chocolatescorecard.com/
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In the country’s most expensive housing markets, family help and the ‘bank of mum and dad’ is increasingly necessary for younger people to buy homes. But could this entrench and perpetuate lasting advantage for those already part of the property-owning class?
Guests
Dr Julia Cook: Senior lecturer, Sociology, University of Newcastle
Dr Laurence Troy: Senior lecturer in Urbanism, University of Sydney
Dr Monique McKenzie: Post doctoral research associate, University of Sydney
Sophie Renton: Managing Director at social research firm, McCrindle.
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Innovation sparks thoughts of tech giants, inventions and Silicon Valley. While those companies in Cupertino may be good at generating extreme wealth, they’re not so good at spreading it across the communities they benefit from.
Other places do better, particularly Switzerland, Sweden and Austria. What can we learn from them?
Guest:
Neil Lee, Author, Innovation For The Masses: How To Share The Benefits Of The High-Tech Economy
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Wage theft costs Australia’s workforce at least a billion dollars a year.
Some industries, like retail, hospitality and horticulture are renowned for it. But the practice is widespread across many sectors. There’s been wage theft cases against franchises like 7 Eleven and Bakers Delight, institutions like universities and the ABC, and corporate giants like Coles and the Commonwealth Bank.
So which workers are most vulnerable and what can be done to protect them?
Guests:
Giuseppe Carabetta, Associate Professor of Workplace and Business Law at the University of Technology, Sydney Business School.
Rebecca Thistleton, Executive Director, McKell Institute Victoria.
Stephen Clibborn, Associate Professor in the Discipline of Work and Organisational Studies, University of Sydney Business School.
Paula McDonald, Professor of Work and Organisation, Queensland University of Technology
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The market concentration of the beer industry.
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Illiteracy is costing the Australian economy billions.It won't cost much to fix the problem in our schools, just a commitment.
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How would we survive the world today if we didn't have our phones?
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How airlines have transitioned to financial institutions and data gathering businesses that just happen to have planes.
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The rising cost of extreme weather events and climate change.
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The Money looks at the accusation that the major supermarkets are price gouging, something the Federal Government is investigating.
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