In this episode, we explore the profound economic impacts of the COVID-19 pandemic on Australia from 2020 to 2021. We discuss how public health restrictions triggered a sharp downturn in GDP and employment, and examine the historic scale of government and Reserve Bank interventions to stabilize the economy. As restrictions eased and vaccines rolled out, we track the path to recovery—highlighting the sectors that bounced back, those that lagged behind, and the ongoing challenges like supply chain disruptions and changing consumer habits. A timely reflection on resilience in the face of crisis.

Source: RBA

In this episode, we unpack the Global Financial Crisis of 2007–2009—how it began in the U.S. housing market and quickly rippled through the global financial system. We examine the key drivers, including excessive risk-taking, high leverage, and regulatory shortcomings, and trace the collapse that led to major institutional failures and a worldwide recession. We also explore the policy responses—like interest rate cuts, fiscal stimulus, and tighter financial regulation—and discuss why Australia weathered the storm better than most. A compelling look at one of the most significant economic events of our time.

Source: RBA

In this episode, we explore how banks operate behind the scenes—specifically how they manage the balance between funding costs and lending rates. Discover how banks source their funds through deposits and debt securities, and what drives their funding costs, from the cash rate to broader monetary policy tools. We also unpack the key factors that influence the interest rates banks charge borrowers, including competition and credit risk. If you've ever wondered why loan rates change or how monetary policy affects your mortgage, this episode breaks it down in clear, practical terms.

Source: RBA