The rich are getting richer

Dollars & Sense

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.

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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

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Chapters

1. The rich are getting richer (00:00:00)

2. The rich list (00:00:30)

3. Australia's growing wealth gap (00:03:04)

4. Wealth, housing & productivity (00:10:40)

5. Aussie views on super tax (00:13:34)

6. WWIII corner (00:22:02)