"That's cooked": welcome to 2025

Richard Denniss joins the show to discuss Trump’s inauguration and the upcoming federal election.
On this episode of Follow the Money, Australia Institute Executive Director Richard Denniss joins Ebony Bennett to examine the year ahead in federal politics and how the Trump presidency could impact Australia.
This discussion was recorded on Tuesday 21 January 2025 and things may have changed since recording.
Order What's the Big Idea? 32 Big Ideas for a Better Australia (australiainsti...) now, via the Australia Institute website.
australiainstitute.org.au (australiainsti...) // @australiainstitute (bsky.app/profi...)
Guest: Richard Denniss, Executive Director, the Australia Institute // @richarddenniss (bsky.app/profi...)
Host: Ebony Bennett, Deputy Director, the Australia Institute // @ebonybennett (bsky.app/profi...)
Show notes:
LA fires add to climate insurance crisis (australiainsti...) , the Australia Institute (January 2025)
Rate cut already overdue: RBA should meet in January (australiainsti...) , the Australia Institute (December 2025)
Theme music: Pulse and Thrum; additional music by 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 [e-mail] (mailto:[e-mail]) .
Support Follow the Money: nb.australiain...
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[@protectusplease9833]

With the Aussie elections here in WA as well as Federally this year, we need to closer watch what is happening under the Trump Government, as only recently the Libs here in Australia are starting to adopt the same policies as their Republican counterparts which for me is scary to our own democracy.

[@Ravioligreen180b]

Something no one is talking about is the more expensive your house, the higher the cost to replace it, the higher the cost to insure it. Therefore, insurance goes up. We need reform on out dated housing policies not reduce interest rates

[@jinnantonix4570]

Denniss is obviously not a real economist. He doesn't know that spending public money cause inflation, and interest rates are holding inflation at bay.

[@3rdrock]

The primary cause of inflation is increasing prices.
It wasn't public spending.

[@jinnantonix4570]

@@3rdrock No. The primary cause of inflation is an imbalance between supply and demand. When demand exceeds supply, prices rise. Factors include increased production costs, strong consumer spending or ... excessive money supply (eg public spending). Policy for reversing inflation is typically to reduce public spending and increase interest rates to reduce consumer spending.

[@bunga5735]

You are an obvious troll. You have no idea what youre talking about.

[@3rdrock]

@bunga5735 Let me put it another way, inflation is due to price gouging.

[@bunga5735]

​@@3rdrock l agree with you. Not old mate.