239 episodes

The Money looks at Australia and the world through an economic lens. It explores how economics influences everything else.

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    • Society & Culture

The Money looks at Australia and the world through an economic lens. It explores how economics influences everything else.

    All By Myself: The Economics of Loneliness.

    All By Myself: The Economics of Loneliness.

    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.

    • 29 min
    Hackenomics

    Hackenomics

    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

    • 29 min
    Puffed out: The Costs of Vaping

    Puffed out: The Costs of Vaping

    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

    • 29 min
    The Economics of Daylight Saving: It’s All In The Timing

    The Economics of Daylight Saving: It’s All In The Timing

    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

    • 29 min
    Choconomics: The Rising Cost Of Chocolate

    Choconomics: The Rising Cost Of Chocolate

    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/

    • 29 min
    Inheritocracy: The lasting generational advantages of home ownership

    Inheritocracy: The lasting generational advantages of home ownership

    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.

    • 29 min

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