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The rich are getting richer

The rich are getting richer

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Australia’s overly generous approach to taxing wealth is allowing the richest Australians to keep more for themselves.

On this episode of Dollars & Sense, Greg and Elinor discuss Australia’s growing wealth gap, what Australians think about the government’s proposed superannuation tax changes, and what the escalating conflict in the Middle East means for the global economy.

This discussion was recorded on Wednesday 18 June 2025 and things may have changed since recording.

Our independence is our strength – and only you can make that possible. By donating to the Australia Institute’s End of Financial Year appeal today, you'll help fund the research changing Australia for the better.

Host: Greg Jericho, Chief Economist, the Australia Institute and Centre for Future Work // @grogsgamut

Host: Elinor Johnston-Leek, Senior Content Producer, the Australia Institute // @elinorjohnstonleek

Show notes:

Wealthy Australians are worried we might realise how rigged the system is in their favour by Greg Jericho, Guardian Australia (June 2025)

Polling – Superannuation, the Australia Institute (June 2025)

Theme music: 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 Australia Matters: https://nb.australiainstitute.org.au/donate

See omnystudio.com/listener for privacy information.

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In the spirit of reconciliation, Audible acknowledges the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respect to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples today.