The Money ABC listen
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- Society & Culture
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The Money looks at Australia and the world through an economic lens. It explores how economics influences everything else.
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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 -
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 -
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 -
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/ -
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. -
Sharing the Benefits of Innovation
Innovation sparks thoughts of tech giants, inventions and Silicon Valley. While those companies in Cupertino may be good at generating extreme wealth, they’re not so good at spreading it across the communities they benefit from.
Other places do better, particularly Switzerland, Sweden and Austria. What can we learn from them?
Guest:
Neil Lee, Author, Innovation For The Masses: How To Share The Benefits Of The High-Tech Economy