Sign in

Matt Grudnoff

@mattgrudnoff.bsky.social
3.3K followers 234 following 99 posts

Senior economist @australiainstitute.org.au. Opinions are my own.

PostsRepliesMedia
Reposted by Matt Grudnoff
The Point @thepointau.bsky.social · 04/08/2026
“So, what’s the difference? Why do higher fuel costs increase inflation, but higher interest rates decrease inflation?” writes @mattgrudnoff.bsky.social “The answer is all in how we measure inflation.“ Read the full piece on The Point: thepoint.com.au/opinions/260...
0133
Reposted by Matt Grudnoff
The Point @thepointau.bsky.social · 22/06/2026
@mattgrudnoff.bsky.social writes “No, immigration isn’t ’out of control’, grievance politics just needs a scapegoat” Read the full piece on The Point: thepoint.com.au/opinions/260...
0348
Reposted by Matt Grudnoff
The Point @thepointau.bsky.social · 17/06/2026
“The housing reforms are cooling investor demand and slowing the market. That’s the point” writes @mattgrudnoff.bsky.social Read the full piece on The Point: thepoint.com.au/opinions/260...
0111
Reposted by Matt Grudnoff
The Australia Institute @australiainstitute.org.au · 18/06/2026
The Barefoot Investor has backed the proposed changes to the capital gains tax discount and negative gearing! He says, 'the system lets wealthy families with good accountants pay less tax than nurses and tradies.' And he's right! @mattgrudnoff.bsky.social #auspol
310142
Reposted by Matt Grudnoff
The Point @thepointau.bsky.social · 19/06/2026
"The taxation statistics confirm that a tiny number of people are hoarding an enormous number of homes. They show that just 1% of taxpayers own 25% of all rental properties" writes @mattgrudnoff.bsky.social Read the full piece on The Point: thepoint.com.au/opinions/260...
13242122
Reposted by Matt Grudnoff
The Australia Institute @australiainstitute.org.au · 15/06/2026
"If you had a $50,000 share portfolio five years ago...then that person would be about $1,000 over five years worse off because of the tax changes." "But also, over those same five years, house prices have been increasing by about $60,000 a year." @mattgrudnoff.bsky.social #auspol
46623
Reposted by Matt Grudnoff
The Australia Institute @australiainstitute.org.au · 12/06/2026
"While it was pretty much universally thought that interest rates would continue to rise even a few weeks ago, now we have two major banks thinking that the next move will be down, not up." - Senior Economist Matt Grudnoff on Ticker News @mattgrudnoff.bsky.social #auspol
4156
Reposted by Matt Grudnoff
The Australia Institute @australiainstitute.org.au · 10/06/2026
Alan Kohler said on Insiders recently that if immigration was tied to housing construction - as Angus Taylor proposed - immigration levels would actually increase. And he's right! @mattgrudnoff.bsky.social #auspol
314869
Reposted by Matt Grudnoff
Rod Campbell @rodcampbell.bsky.social · 04/06/2026
Important piece debunking NDIS fraud claims. Disabled Australians deliberately screwed by known BS. Sickening. thepoint.com.au/news/260604-...
35130
Reposted by Matt Grudnoff
The Australia Institute @australiainstitute.org.au · 19/05/2026
"If you look around the world, there are some countries that don't have housing affordability issues, and they all have one thing in common. And that's a large role for the government in the housing sector." @mattgrudnoff.bsky.social #auspol
110848
Reposted by Matt Grudnoff
The Australia Institute @australiainstitute.org.au · 19/05/2026
"Over the last ten years, the population has increased by 16%, and the number of homes has increased by 19%." "The housing crisis wasn't caused by a drop in supply." @mattgrudnoff.bsky.social #auspol
914968
Reposted by Matt Grudnoff
Greg Jericho @grogsgamut.bsky.social · 20/04/2026
You mean the superannuation tax breaks? No? You mean the CGT discount? No? You mean the fossil fuel subsidies? No? You mean the free gas for multinationals? No? You mean the failure of the PRRT? No? You mean the tax dodging trusts? No? You mean the lack of a wealth tax? No? No you mean the NDIS FFS
Headline from the AFR
"Time to end welfare for the wealthy, says big business"
38653309
Reposted by Matt Grudnoff
The Australia Institute @australiainstitute.org.au · 27/03/2026
Despite government threats to crackdown on any fuel retailers profiteering from the energy crisis, many forms of price gouging remain perfectly legal. @mattgrudnoff.bsky.social & @elinorjohnstonleek.bsky.social discuss price gouging & the real driver of inflation. #auspol 🎧 theaus.in/41B9F5b
Photo of Treasurer Jim Chalmers at a press conference
NEW EPISODE | Fuel price gouging is...legal?!
Listen to Dollars & Sense now via the link or wherever you get your podcasts.
52515
Reposted by Matt Grudnoff
The Australia Institute @australiainstitute.org.au · 26/03/2026
The federal government's announced that the ACCC will be cracking down on price-gouging at petrol stations. Which would be great news if the ACCC actually had the power to stop firms from price-gouging. But they don't. @mattgrudnoff.bsky.social @elinorjohnstonleek.bsky.social #auspol
66224
Reposted by Matt Grudnoff
Ebony Bennett @ebonybennett.bsky.social · 17/03/2026
"How can increasing Australian interest rates open the Strait of Hormuz?” said @mattgrudnoff.bsky.social “All this increase in interest rates will do is heap more misery on Australian mortgage holders who are already being hurt by higher fuel prices,” he said. www.news.com.au/finance/econ...
news.com.au
21810
Reposted by Matt Grudnoff
The Australia Institute @australiainstitute.org.au · 02/03/2026
“The debate over the capital gains tax discount comes down to a very simple question: who do you think should pay more income tax?” writes Matt Grudnoff, Senior Economist at The Australia Institute. Read the full piece on The Point: theaus.in/3OHEXVa
09045
Reposted by Matt Grudnoff
The Australia Institute @australiainstitute.org.au · 19/02/2026
Wages aren’t driving higher inflation, so why do workers always seem to cop the blame? This week on Dollars & Sense, @grogsgamut.bsky.social explains why Coles is in court & the role of corporate profits in driving inflation. #auspol 🎧 theaus.in/4rS2eSg
Photo of former Reserve Bank Governor Philip Lowe and his eventual successor, Michele Bullock
NEW EPISODE | Real wages are down, but apparently inflation is all your fault
Listen to Dollars & Sense now via the link or wherever you get your podcasts.
47428
Reposted by Matt Grudnoff
Simon Rosenberg @simonrosenberg.bsky.social · 19/02/2026
The Coalition’s policy ‘solutions’ were terrible before the last election. And early signs are that under ‘new leadership’ they’ll be even worse, says @mattgrudnoff.bsky.social #auspol www.thenewdaily.com.au/finance/prop...
thenewdaily.com.au
New ideas from a new-look Coalition? Don’t bet your house on it
The Liberal Party has a new leader, and the Coalition has a new frontbench. So, does that mean we can expect some new ideas?
0134
Reposted by Matt Grudnoff
Dan Ilic @danilic.bsky.social · 11/02/2026
Happy #LibSpill Day for those who celebrate.
37588185
Reposted by Matt Grudnoff
Matt Bevan @mattbevan.bsky.social · 12/02/2026
Angus Taylor MP's Facebook account posting: "Fantastic. Great move. Well done Angus"
1115648
Reposted by Matt Grudnoff
Simon Rosenberg @simonrosenberg.bsky.social · 06/02/2026
“The Government is rigging the housing market for investors. This needs to end. Home ownership and affordable housing should be their number one goal.” @mattgrudnoff.bsky.social Unaffordable rents, crippling mortgages, and #homelessness are not side effects. They are deliberate policy choices.
075
Reposted by Matt Grudnoff
Rod Campbell @rodcampbell.bsky.social · 12/02/2026
Policy analysis from actual homelessness case worker. Proud to have helped with this piece. thepoint.com.au/opinions/260...
thepoint.com.au
The last stop on the train line of Australia’s social failures: Tales of a homelessness case worker on the NSW South Coast
Life as a homelessness case worker is brutal. You often feel like the last stop on the train line of our country’s social failures. Hardest of all is knowing that people aren’t helped as well as they ...
38535
Reposted by Matt Grudnoff
The Australia Institute @australiainstitute.org.au · 05/02/2026
Why did the RBA jump the gun on raising interest rates? "If they go too fast, the cons are that the economy will slow down and unemployment will go up. Well, that's not a con to the RBA." @MattGrudnoff @ebony_bennett #auspol
33113
Reposted by Matt Grudnoff
Ebony Bennett @ebonybennett.bsky.social · 05/02/2026
"Trading blocs require trust between nations. What country would trust the US under Trump to keep their word on trade? Ask Canada and Mexico what their trade deal with the US was worth" writes @mattgrudnoff.bsky.social over on the liveblog at The Point live.thepoint.com.au/2026/02/the-...
03010
Reposted by Matt Grudnoff
The Australia Institute @australiainstitute.org.au · 05/02/2026
With inflation being driven by Christmas holidays & data centres, the RBA didn’t need to raise the interest rate this week. @mattgrudnoff.bsky.social & @ebonybennett.bsky.social discuss why the RBA is so cautious about cutting rates, yet so quick to hike them up. #auspol 🎧 theaus.in/4qkepGv
Photo of Treasurer Jim Chalmers on the frontbench of the House of Representatives
NEW EPISODE | “They rushed this”: why the Reserve Bank got it wrong by raising rates
Listen to Follow the Money now via the link or wherever you get your podcasts.
33512
Reposted by Matt Grudnoff
The Australia Institute @australiainstitute.org.au · 29/01/2026
Even the Mathias Cormann-led OECD says the capital gains tax discount & negative gearing are a problem. Dollars & Sense is back with @grogsgamut.bsky.social & @elinorjohnstonleek.bsky.social discussing why the housing market is (still) cooked, inflation & AUKUS spending #auspol 🎧 theaus.in/49N9BED
Photo of Mathias Cormann and Anthony Albanese standing in front of a collection of national flags.
NEW EPISODE | BREAKING: Australia's housing market still cooked
Listen to Dollars & Sense now via the link or wherever you get your podcasts.
79637
Matt Grudnoff @mattgrudnoff.bsky.social · 22/12/2025
Ley is failing the Jewish community. She is choosing to politicize rather than unite Australia on this national tragedy. If she succeeds I fear it will become a political football robbing them of real effort to ensure this never happens again. After Port Arthur we came together. We need that again.
1239
Reposted by Matt Grudnoff
Rod Campbell @rodcampbell.bsky.social · 18/12/2025
Miners exaggerating tax. Again. What's new is that this is so demonstrably false. Will they take down false ads? If you see this ad after today, please let me know. Debunked on @thepointau.bsky.social here, more below: thepoint.com.au/factchecks/2...
613784
Reposted by Matt Grudnoff
The Australia Institute @australiainstitute.org.au · 02/12/2025
South Korea announced it's going to phase out coal-fired power by 2040, a massive win for the climate.🌏 But you might not know that a few local climate groups in Australia played a part in making this happen!🌱 Research Director Rod Campbell explains @rodcampbell.bsky.social #auspol
314562
Reposted by Matt Grudnoff
The Australia Institute @australiainstitute.org.au · 26/11/2025
Australian scientists have improved our lives & increased national productivity. So why is the CSIRO being forced to shed staff again? @mattgrudnoff.bsky.social argues that cutting research jobs undermines the government's productivity drive. #auspol @ebonybennett.bsky.social 🎧 theaus.in/3XWDfAg
Photo of Prime Minister Anthony Albanese in parliament
NEW EPISODE | What have the scientists ever done for us?
Listen to Follow the Money now via the link or wherever you get your podcasts
36624
Reposted by Matt Grudnoff
Greg Jericho @grogsgamut.bsky.social · 19/11/2025
They discovered that only one in two million people has what we call the "evil gene." Hitler had it. Walt Disney had it. And Freddy Quimby has it.
“We analysed Hitler’s DNA - and what we discovered made us gasp”
6528
Matt Grudnoff @mattgrudnoff.bsky.social · 10/11/2025
Cracking read on the death of copyright in the age of AI from Michael Bradley of @marquelawyers.com.au thepoint.com.au/opinions/251...
thepoint.com.au
Copyright is dead. When it comes to AI my property has been stolen all the same
The point.com.au
163
Reposted by Matt Grudnoff
The Australia Institute @australiainstitute.org.au · 03/11/2025
"A lot of rich people spend a lot of money hiring very smart accountants to work out how to avoid paying tax." Senior Economist Matt Grudnoff unpacks the two tax loopholes that should be closed to make sure everyone pays their fair share. @mattgrudnoff.bsky.social #auspol @thepointau.bsky.social
27529
Reposted by Matt Grudnoff
Greg Jericho @grogsgamut.bsky.social · 27/10/2025
@mattgrudnoff.bsky.social writing about how the "for profit" child care model has totally failed. But then we know the for profit model of public services *always* fails, and yet.... thepoint.com.au/news/251028-...
thepoint.com.au
New investigation reveals that child abuse happens more frequently at for-profit childcare centres
Parents should expect that when they send their kids to childcare that they are safe and receiving top quality education and care. This is not consistent with the profit motive.
1119460
Reposted by Matt Grudnoff
Greg Jericho @grogsgamut.bsky.social · 24/10/2025
RBA said market-sector jobs (those driven more by demand) had been the bulk of job growth in 2025... but the data says... errr wut? thepoint.com.au/news/251024-...
Chart showing hours worked growth in the first 9 months of 2025 - market sector fell 0.8%, non-market sector rose 4.2%
66820
Reposted by Matt Grudnoff
Rod Campbell @rodcampbell.bsky.social · 16/10/2025
My new report is out - Adani sold coal at mates rates to India, avoiding $400m in royalty payments to Queensland ...and Qld's LNP gov doesn't seem to care. Thread below on how they did it. Write up in @australia.theguardian.com @australiainstitute.org.au www.theguardian.com/australia-ne...
theguardian.com
Adani denies claims it sold ‘below-market coal’ leading to Queensland missing out on hundreds of millions in royalties
Adani has strongly rejected the Australia Institute’s findings, including that customers paid an average of $102 a tonne in 2022-23
713797
Matt Grudnoff @mattgrudnoff.bsky.social · 18/09/2025
After talking a very big game for a very long time on freedom of speech, it is interesting how quickly important institutions in the US have folded up, and rolled over at the first real sign of pressure.
070
Reposted by Matt Grudnoff
Richard Sambrook @sambrook.eurosky.social · 17/09/2025
08522
Reposted by Matt Grudnoff
Amy Remeikis @amyremeikis.bsky.social · 15/09/2025
Given this is making some waves - here is the piece and you can judge for yourself. (I'm fine, there are no issues - right wing ecosystem just doing what right wing ecosystem does). Take care of you - it's rough out there! Ax amyremeikis.substack.com/p/charlie-ki...
amyremeikis.substack.com
Charlie Kirk died in the America he wanted
I mourn the loss of human life. I feel compassion, empathy and grief at an inexcusable killing. But I find nothing to lionise in his legacy.
62720215
Reposted by Matt Grudnoff
The Australia Institute @australiainstitute.org.au · 01/09/2025
Keep up with the news today with @amyremeikis.bsky.social on our Live Blog! From reports of a 20-year methane leak at the Santos gas export hub in Darwin to the weekend's neo-Nazi supported rallies. All the day's events, with fact checks, as it happens. #auspol live.australiainstitute.org.au
live.australiainstitute.org.au
Australia Institute Live: At the rate journalists are being killed in Gaza by the Israeli army, there will soon be no one left to keep you informed."
Reports of a 20-year methane leak at the Santos gas export hub in Darwin has everyone pointing the finger at everyone else, but no one taking responsibility. Meanwhile the NT government is celebratin...
03517
Reposted by Matt Grudnoff
The Australia Institute @australiainstitute.org.au · 29/08/2025
Australia is building homes at a faster rate than the population has increased. “Scare campaigns about immigration are as old as history. But the latest version of them falls apart when subject to the evidence.” - Matt Grudnoff @mattgrudnoff.bsky.social #auspol
34223
Reposted by Matt Grudnoff
The Australia Institute @australiainstitute.org.au · 29/08/2025
Global mail services have suspended parcel deliveries to the United States. @mattgrudnoff.bsky.social explains why the Trump administration's chaotic implementation undermines any potential upside of tariffs & why Australia's latest inflation data isn't cause for panic. #auspol 🎧 theaus.in/4fYVYUh
Photo of Donald Trump at a podium holding a board with 'reciprocal' tariff rates
NEW EPISODE | How not to impose a tariff
Listen to Dollars & Sense now via the link or wherever you get your podcasts
0258
Reposted by Matt Grudnoff
Rod Campbell @rodcampbell.bsky.social · 19/08/2025
I'm speaking at Monash Uni tomorrow about Australia's gas policy mess and Woodside in particular. @australiainstitute.org.au @nteumonash.bsky.social
48130
Reposted by Matt Grudnoff
The Australia Institute @australiainstitute.org.au · 18/08/2025
Foreign-owned gas corporations are getting over half the gas they export from Australia for FREE. The gas industry is ripping Australians off, and our governments are letting them. ✍️Add your name to the call to tax the gas industry properly theaus.in/increasePRRT #auspol
519888
Reposted by Matt Grudnoff
Greg Jericho @grogsgamut.bsky.social · 14/08/2025
A reminder that the RBA and other compliant economists spent a couple years telling @australiainstitute.org.au that companies were not marking up prices in 2022-23. The failure of Australia’s economic establishment was truly embarrassing
RBA discussion paper

Research Discussion Paper – RDP 2025-05
How Costly are Mark-ups in Australia? The Effect of Declining Competition on Misallocation and Productivity

Jonathan Hambur and Owen Freestone
August 2025
1228486
Reposted by Matt Grudnoff
Amy Remeikis @amyremeikis.bsky.social · 13/08/2025
My high school legal studies and economics teacher came to see me speak last night. He remembered me because of how argumentative I was in class. Always question the orthodoxy kids!
1053632
Reposted by Matt Grudnoff
The Australia Institute @australiainstitute.org.au · 13/08/2025
The RBA has cut interest rates – five weeks too late. Does this make up for its bad call at the last meeting in July, when it left rates on hold? Read Matt Grudnoff’s op ed in The New Daily on RBA's interest rate cuts and why this should have happened sooner. @mattgrudnoff.bsky.social #auspol
24815
Reposted by Matt Grudnoff
The Australia Institute @australiainstitute.org.au · 11/08/2025
“The RBA shows a lot of concern when inflation is above the band and too little concern when it is below the band." Read Matt Grudnoff’s article in The New Daily on if the Reserve Bank will learn from its mistakes or allow inflation to fall below 2% instead. @mattgrudnoff.bsky.social #auspol
1467
Reposted by Matt Grudnoff
The Australia Institute @australiainstitute.org.au · 07/08/2025
“There has been no indication yet that the Australian government would reduce pharmaceutical tariffs for higher US drug prices in Australia. I think they’d be crazy to do it. "Our trade is nowhere near big enough to warrant the pain.” @mattgrudnoff.bsky.social in news.com.au #auspol
33113
Reposted by Matt Grudnoff
Greg Jericho @grogsgamut.bsky.social · 04/08/2025
If investors are silly enough to wait tillthe end of the 5th year, then that's their problem, not a policy one. Also. So what? Someone has to buy those houses being sold... Great - more affordable housing!
Article in the AFR on ACTU's proposal to end negative gearing for more than 1 house after5 years:

"One leading economist warned the structure of the Australian Council of Trade Unions’ proposal to curtail property investor tax breaks could spark a property “fire sale” in coming years."

It is amazing how I knew exactly who that "leading economist" would be.
2025944