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Greg Jericho

Greg Jericho

The Guardian

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Grogonomics The awful truth at the heart of Australian housing policy

Australian policy is dominated by interest groups and politicians pretending they are trying to do one thing, while actually doing the opposite, and...

14.02.2024 4

The Guardian

Greg Jericho

Grogonomics The RBA says it’s still worried about inflation, but few believe this will mean higher interest rates

Despite a new year and a new way of doing things, the thinking at the Reserve Bank remains the same – inflation is all about people having too much...

07.02.2024 10

The Guardian

Greg Jericho

Grogonomics Australian inflation is under control – now it’s time to worry about the economic health of households

That sound you heard was a massive sigh of relief from mortgage holders across the country as the latest inflation figures pretty much put an end to...

01.02.2024 10

The Guardian

Greg Jericho

Grogonomics When it comes to tax, what is bracket creep – and is ‘fixing’ it really that important?

The term “bracket creep” is getting thrown around with wild abandon at the moment, so we might as well get a handle on what it means and work out...

30.01.2024 9

The Guardian

Greg Jericho

Grogonomics The old stage-three cuts are dead. Long live Labor’s new policy, which 90% of Australians will cheer

It is fair to say I have not taken a neutral position on the stage-three tax cuts. After all, back in 2022 I was the guy who wrote “the stage-three...

24.01.2024 10

The Guardian

Greg Jericho

Grogonomics Neither a pandemic nor interest rate rises: can anything dent the Australian housing market?

Just in case you were ever worried that the Australian housing market might crumble, the latest ABS housing loan figures show that in November the...

17.01.2024 2

The Guardian

Greg Jericho

Grogonomics Retail figures show we’re desperate for a bargain rather than flush with cash. The RBA should take note

When retail spending surges, the Reserve Bank can be of a mind to raise rates and slow the economy even more. But the big jump in spending in November...

10.01.2024 2

The Guardian

Greg Jericho

Grogonomics Inflation was 2023’s unavoidable topic. Will 2024 bring a change of tack from the RBA?

It was, as ever, a big year in the economy. We seem to always live in interesting times and this year, even though lockdowns were over and things...

20.12.2023 2

The Guardian

Greg Jericho

Grogonomics Jim Chalmers’ lucky budget surplus is no comfort to workers whose pay is shrinking

When it comes to being a treasurer, it is better to be good than lucky. Peter Costello, through no skill of his own, presided over a period where each...

14.12.2023 20

The Guardian

Greg Jericho

Grogonomics Ditch the rose-coloured glasses: Australia’s GDP is going backwards

In the September quarter the economy struggled mightily. All that kept the economy afloat was government spending and population growth, while...

06.12.2023 2

The Guardian

Greg Jericho

Grogonomics Economic data shows households are feeling the pinch. But will the RBA stop raising rates?

At times you have to wonder if members of the Reserve Bank executive and board have met anyone who actually lives in a typical Australians household,...

29.11.2023 5

The Guardian

Greg Jericho

Grogonomics The past financial year was brutal for household incomes – and it seems the recovery isn’t coming anytime soon

The triple threat of falling real wages, rising prices of necessities and soaring mortgage repayments has seen people’s living standards plummet in...

22.11.2023 4

The Guardian

Greg Jericho

Grogonomics Workers of Australia, let us celebrate the strongest wages growth in over a decade

Economists sometimes like to think we can never have good things, and the news – even if good – is never as good as you think. So let us celebrate...

15.11.2023 8

The Guardian

Greg Jericho

Grogonomics The RBA has only one tool to fight inflation with – and households are being hammered

From the moment the CPI figures were released two weeks ago, the general consensus of economists around the country was that the RBA would raise...

08.11.2023 7

The Guardian

Greg Jericho

Grogonomics An RBA rate rise next week is now an even-money bet, and figures reveal just how damaging it would be

The latest cost of living figures show just how damaging another rate rise next week would be to households and the economy. In the past week the...

01.11.2023 3

The Guardian

Greg Jericho

Grogonomics A Melbourne Cup Day rate rise would not be tough on inflation, it would just be cruel

In the past year inflation grew 5.4%, down from 6% in the June quarter and almost a third below the peak of 7.8% at the end of last year. And yet...

25.10.2023 3

The Guardian

Greg Jericho

Antarctica is warming fast - so why is the response so cool?

19.10.2023 20

The Guardian

Greg Jericho

Grogonomics Australia is already an energy superpower. We should be using that to drive the world towards renewables

The Australian government likes to say we can be a renewable energy superpower, but it ignores that we already are an energy power that fails utterly...

19.10.2023 20

The Guardian

Greg Jericho

Grogonomics IMF sees bleaker economic times ahead for Australia, but the picture’s not all bad

T his week the International Monetary Fund released its latest six-monthly world economic outlook and global financial stability report. As you might...

11.10.2023 4

The Guardian

Greg Jericho

Grogonomics It’s tougher than ever to pay off a mortgage thanks to higher home loan sizes and interest rates

T he first interest rate decision under the new governor of the Reserve Bank of Australia, Michele Bullock, came on the same day data showed just how...

04.10.2023 7

The Guardian

Greg Jericho

Grogonomics The Reserve Bank shouldn’t be spooked by Australia’s imported inflation

N ext Tuesday the new Reserve Bank governor, Michele Bullock, will get her first test when the RBA board meets. Let us hope she is not one to get...

28.09.2023 10

The Guardian

Greg Jericho

Grogonomics House prices just keep rising – everyone but the Australian government can see it’s a good investment

A day after the government and the Greens did a deal on the housing Australia future fund (Haff) designed to improve housing affordability, the...

12.09.2023 40

The Guardian

Greg Jericho

Grogonomics Australia’s economy has got smaller on a per capita basis – like it did in the GFC and 1990s recession. So, you know, not good

The Reserve Bank of Australia has got what it wanted – after increasing the cash rate by 400 basis points in order to slow the economy, we now have...

06.09.2023 4

The Guardian

Greg Jericho

Grogonomics Australia’s greenhouse emissions are a national disgrace that are destroying the planet and costing households

E very three months two all-encompassing surveys are released that track how Australia is going. One we know exactly when it will be released (next...

30.08.2023 6

The Guardian

Greg Jericho

Grogonomics If you are really worried about the next generation, the only thing that matters is climate change

Today, the treasurer, Jim Chalmers, will release the sixth intergenerational report and unless it deals predominately with climate change it will be...

23.08.2023 5

The Guardian

Greg Jericho

The Guardian view on protecting corals: what lies beneath matters too

W hen images of the climate emergency’s impact are so visceral and so widespread, it is easy to neglect what we cannot see. The shocking photographs...

16.08.2023 4

The Guardian

Greg Jericho

Grogonomics It’s good news that real wages are no longer falling – but the fall has already been deep

The latest wage price index figures show that wages growth has stopped accelerating and the struggle for workers’ incomes to rise faster than prices...

16.08.2023 9

The Guardian

Greg Jericho

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