Podcast appearances and mentions of Warren Hogan

The Australian economy is not the same as it was over the past half-century, and policymakers risk making a big mistake if they use that history to decide what to do next according to economist Warren Hogan. Host Scott Phillips sits down to chat with Warren, who also thinks interest rate forecasts are likely to be proven wrong.  See omnystudio.com/listener for privacy information.

Yesterday the Reserve Bank board left interest rates on hold, as expected. But one of Australia's most experienced RBA watchers thinks it might be a very long time before rates start coming down - much longer than previously predicted.Warren Hogan, Managing Director of EQ Economics and Economic Advisor at Judo Bank, talks to Sean Aylmer about the RBA meeting and his prediction for interest rates in 2025.Find out more: https://fearandgreed.com.auSee omnystudio.com/listener for privacy information.

As the Reserve Bank begins it's cash rate decision meeting, economist Warren Hogan warns not to expect rate cuts any time soon. Plus, long-term unemployment hits harmful level and Woolies reveals the cost of it's warehouse workers strike.See omnystudio.com/listener for privacy information.

GDP data confirms our economy is crawling at its slowest pace since the early 1990s, economist Warren Hogan explains what has saved us from a recession. Plus, chaos on the South Korean stock exchange, and the damning report into Cbus Super.See omnystudio.com/listener for privacy information.

Monthly inflation clocked in at 2.1% year-on-year through October, so why is it unlikely that the RBA alters interest rates any time soon?  See omnystudio.com/listener for privacy information.

Inflation has finally reached the RBA's target range of 2-3%, but has the government energy subsidies only created a false dawn for those expecting interest rate cuts?See omnystudio.com/listener for privacy information.

Australia's headline inflation has dipped to 2.7%, but with energy subsidies masking the real story, it could be a while for rate cuts to happen still.See omnystudio.com/listener for privacy information.

The US Federal Reserve are gearing up to cut rates, which will have implications for economies across the globe. Meanwhile mortgage holders in Australia are eagerly awaiting our first rate cut in over 2 years. Judo Bank Chief economist Warren Hogan joins Bill Woods to discuss why we might need to get used to high interest rates, instead of anticipating a cut. Listen live from 8pm-12am Monday to Thursday on 2GB/4BCSee omnystudio.com/listener for privacy information.

If you've missed any of Money News this week, don't fret! Money Week will give you a sample of the best interview across the last week, in your podcast feed on a Sunday. This week: NIB's Mark Fitzgibbon, Woodside's Meg O'Neill, Wesfarmers' Rob Scott, Warren Hogan crunches the monthly CPI figures, and Ben Willee wraps up the last fortnight in Australian media.See omnystudio.com/listener for privacy information.

A CPI rise of 3.5% for the 12 months to July is a step in the right direction, but are subsidies painting a false picture?See omnystudio.com/listener for privacy information.

Is it a buyers market? Why has there been a surge in buyer enquiries this year (which doesn't look to be slowing down any time soon). What's the story behind the latest trends in technology, labor shortages, and business competitiveness? This week on The Deal Room Podcast, Joanna Oakey is joined by Head of SEEK Business, Lucia Vuong and Judo Bank's Chief Economic Advisor, Warren Hogan for a two-part episode covering the latest data in business buyer enquiries, what might be driving the enquiry volumes and what this may mean for the market ahead. In this episode, Part 1 of 2, Warren, Lucia, and Joanna dig into: - Which sectors are seeing the highest buyer inquiries? - Emerging buyer behaviors - Where the widely forecasted “cliff” of retirees currently stands? - What the latest data reveals about different industries - How population shifts between states and regional vs. city areas is impacting the economy. We see hundreds of transactions at Aspect legal, so it's always interesting to see if the data “out there” matches what we're seeing first hand..and guess what… as you'll hear.. It does!

Warren Hogan is Judo Bank's chief economic advisor & managing director/founder of EQ Economics. You can read Warren's thoughts in the Australian Finance Review or on Twitter here: Warren Hogan (@_warrenhogan) / X The content discussed in this episode is general in nature, and doesn't take into consideration the individual circumstances of the listener. Any listeners should consider their personal situation and seek professional advice and assistance if needed.

It's looking increasingly likely we'll see an interest rate hike at the next RBA board meeting in August.Judo Bank economic advisor Warren Hogan, who has one of the best track records on predicting rates, explains to Sean Aylmer why the current downturn is unique - and why the Reserve Bank may be left with no choice but to keep increasing rates.Find out more: https://fearandgreed.com.auSee omnystudio.com/listener for privacy information.

Australia's inflation rate rose to 4.0% for the 12 months to May, increasing the chances the RBA will have to hit households with another rate hike.See omnystudio.com/listener for privacy information.

Jun Bei Liu reacts to Commonwealth Bank shares hitting another all-time high, economist Warren Hogan on the possibility of another interest rate rise. Plus, car dealerships in US hit by a cyberattack. See omnystudio.com/listener for privacy information.

The US Federal Reserve delays interest rate cuts, economist Warren Hogan explains what it means for Australia. Plus, ACCC Commissioner Stephen Ridgway on the $8.8 billion merger between Chemist Warehouse and Sigma Pharmaceuticals.See omnystudio.com/listener for privacy information.

New GDP figures reveal our economy is growing at the slowest rate since COVID and the 1991 recession, economist Warren Hogan explains the situation. Plus, Senator Jane Hume reveals what the Opposition would have done if they were in power.See omnystudio.com/listener for privacy information.

Headline inflation for the month of April rose to 3.6% year on year, killing off hopes of rate cuts and putting hikes back on the table.See omnystudio.com/listener for privacy information.

Mike Jeffreys is joined by Warren Hogan, the Managing Director of EQ Economics and economic advisor to Judo Bank, to discuss his insights regarding what we might anticipate from Tuesday's federal budget.See omnystudio.com/listener for privacy information.

A genuine prediction on what will happen to interest rates in 2024, and why this particular prediction is one people should really take note of.  Warren Hogan is one of Australia's most respected economist, and a voice worth listening to when it comes to the housing market. He sat down with Scott Phillips to explain why he believes interest rates are set to rise in 2024. See omnystudio.com/listener for privacy information.

– Warren Hogan says rates could rise three times this year – Retail sales fall – Bonza fails – BHP makes a pitch for Anglo American – The best way to allocate capitalSee omnystudio.com/listener for privacy information.

Inflation pressures were meant to be coming off a bit more by now, but a higher than expected reading has one prominent economist suggesting interest rates could go up three times this year.So, why is inflation so sticky? And will the Reserve Bank feel compelled to lift rates to further dampen economic activity? Today, chief business correspondent Ian Verrender explains what's going wrong. Featured: Ian Verrender, ABC Chief Business Correspondent

 Labor ministers go missing as the immigration detention debacle returns to the spotlight, economist Warren Hogan predicts the Reserve Bank will increase the cash rate. Plus, Kristin Tate on pro-Palestinian protests spreading across the US.See omnystudio.com/listener for privacy information.

One of Australia's top economists, Warren Hogan, defends his forecast for three rate hikes this year. Plus, full analysis of BHP's takeover bid for Anglo American, The Star sacks its chairman, and auction clearance rates continue to rise.See omnystudio.com/listener for privacy information.

Kia ora,Welcome to Friday's Economy Watch where we follow the economic events and trends that affect Aotearoa/New Zealand.I'm David Chaston and this is the international edition from Interest.co.nz.And today we lead with news all about American GDP and reactions to the first quarter results.US economic activity expanded an annualised +1.6% in Q1-2024, compared to +3.4% in the previous quarter and below forecasts of +2.5%. It was the lowest growth since the contractions in the first half of 2022, the advance estimate showed, although there are two more revisions due (an in the Q4-2023 set, they rose with each revision). The result was held back by a decrease in inventories and a rise in imports. However, disposable personal income rose an impressive +4.5% according to today's release.However, the PCE data released with this shows inflationary pressures unabated. So the US 10-year Treasury note yield rose to above 4.7%, the highest since early November, as traders to scale back their expectations regarding the timing of a Fed rate reduction, with the the first cut now not priced in fully until December.We should note that lower growth with still-high inflation equals stagflation, a gnarly public policy problem, as history shows.Further, today's US Treasury 10 year bond auction reveals median yields rise to 4.47% in yet another well-supported offer. That was +37 bps higher that the prior equivalent event a month ago. (But it does seem curious that the secondary market prices these at 4.7% however, especially when demand is so strong in the primary market.)Meanwhile the number of initial US jobless claims fell to just 201,000, a bigger than expected retreat and the second-lowest weekly level in the past 13 weeks. That means there are now 1.82 mln people on these benefits the lowest since mid-December.US mortgage applications fell rather sharply last week, down -2.7% from the week prior and are now -15% lower than the same week a year ago. So it will be a surprise to know that March pending home sales rose +3.4% from February although they are virtually unchanged from a year ago.New orders for durable goods surged by +2.6% in March from February, following a downwardly revised +0.7% growth in February. The March rise was more than expected, but the year-on-year change is still a negative -2.2%. It was the largest monthly advance in durable goods orders since last November, primarily propelled by robust demand for transport equipment. Orders for non-defence capital goods rose too.Canada released retail sales data for February, and in real, inflation-adjusted terms, they fell -0.3%.All eyes are now turning to the Bank of Japan which is meeting today. They have important policies to balance regarding rising inflation, an expanding economy, but a currency that the being depreciated in USD terms, the one relationship that motivates them. But then, many countries are struggling with the rising USD at present.In China, the Shanghai prime office vacancy rate has hit a 20 year high - at over 20% vacant. That is a lot of spare capacity and it will worry policymakers that it is continuing to swell.In Australia, Warren Hogan, who was ranked 2023's most accurate economic forecaster, predicts their rising economy will force the RBA to lift rates to 5.1% this year. He is an outlier, but part of a growing cohort of analysts who don't see inflation beaten yet and the economic expansion rolls on in many of the world's major countries with its pressures.Better income expectations, economic prospects and a rising 'propensity-to-buy' among consumers has shifted the German GfK Consumer Climate Indicator to it's 'highest reading' in two years (well actually its least negative reading in two years). But they will take the progress.We should note that copper prices have surged recently and now top US$10,000/tonne and that is its highest since April 2022. (It is now only 6% below the all-time high, also in 2022)Global container freight rates were unchanged last week on average, making them +55% higher than year ago levels. Bulk cargo rates fell -4.9% in the past week, but they remain little-change from long-run averages.The UST 10yr yield is now at 4.70% and up +10 bps from this time Wednesday, and that is its highest level since late October 2023. The price of gold will start today a little firmer, up +US$7 from this time Wednesday at US$2333/oz.Oil prices are little-changed from Wednesday to just under US$83.50/bbl in the US while the international Brent price is still at just over US$87.50/bbl. In between however it has been volatile.The Kiwi dollar starts today little-changed at just under 59.5 USc. Against the Aussie we are -¼c softer at 91.3 AUc. Against the euro we are little-changed at 55.4 euro cents. That all means our TWI-5 starts today just on 69.1 and little-changed from Wednesday.The bitcoin price starts today virtually at US$64,762 and down -3.0% from this time Wednesday. Volatility over the past 24 hours has been modest however at just on +/- 1.6%.You can find links to the articles mentioned today in our show notes.You can get more news affecting the economy in New Zealand from interest.co.nz.Kia ora. I'm David Chaston. And we will do this again on Monday.

Australia's quarterly inflation rose from 0.6% to 1%, and while the headline number is dropping, sticky services could push back rate cut chances.See omnystudio.com/listener for privacy information.

There's a lot of talk about interest rate cuts this year. But it's hardly a sure thing, with a number of economists predicting rates may not come down this year - and if they are lowered next year, it may not be by much.Warren Hogan, Managing Director of EQ Economics, Economic Advisor at Judo Bank and former ANZ Chief Economist, takes Sean Aylmer through the outlook for interest rates.Find out more: https://fearandgreed.com.auSee omnystudio.com/listener for privacy information.

Inflation for February remains steady, economist Warren Hogan joins to discuss what it means for the timing of interest rate moves. Plus, Tom Jensen on the impact of the Baltimore bridge collapse on the trade industry.See omnystudio.com/listener for privacy information.

Australia's GDP for the December quarter has grown by just 0.2%, showing that the handbrake of interest rate rises has been well and truly applied.See omnystudio.com/listener for privacy information.

As Treasury reveals high wages growth is driving inflation, economist Warren Hogan says the RBA may have to lift rates instead of cutting them. Plus, NIB CEO Mark Fitzgibbon on the insurer's results and Grays gets in trouble with the ACCC.See omnystudio.com/listener for privacy information.

The RBA holds a historic press conference as it works to become more transparent, economists Besa Deda and Warren Hogan react to the RBA holding rates and their changes to 2025 forecasts. Plus, China clamps down on its share market.See omnystudio.com/listener for privacy information.

Inflation for the December quarter has come in below expectations at 4.1%, prompting a conversation about when we might start to see rate cuts.See omnystudio.com/listener for privacy information.

We talk with auctioneer Tara Kelly about the Brisbane market and someone fainting at an auction.  Warren Hogan talks about the RBA more than likely to rise the cash rate for December. And Jeremy Grobben auctioneer talks about Canberra property market.  The summer series of podcasts looks back over 2023.  Listen here: https://apple.co/3wub8Le ► Subscribe here to never miss an episode: https://www.podbean.com/user-xyelbri7gupo ► INSTAGRAM: @therealestatepodcast ► APPLE: https://apple.co/42n339w ► Email:  myrealestatepodcast@gmail.com  We include content that looks at Real estate development and Real estate industry insights. Home buying tips and commercial real estate for Sydney real estate, Melbourne, Brisbane and Perth properties. Investment strategies and real estate trends for Adelaide real estate, Canberra, Gold Coast and Darwin. Including powerful mortgages and finance insights. Real estate agents and brokers. Real estate technology and real estate law and regulations, property developments and real estate industry analysis. Property investing for first home buyers and beginners, market reports and negotiation skills and contracts for the Australian investor real estate market.

We talk with economist Warren Hogan talking about the current real estate market. What is likely to happen to mortgage holders? We talk to Brady Yoshia a buyer's agent from Canberra market. Cameron Murray talks about property cycles. And Jessica Cao from the Upper North Shore about this sought after area. Strong auctions with successful outcomes.  We reflect back as part of our summer series of podcasts. ► Subscribe here to never miss an episode: https://www.podbean.com/user-xyelbri7gupo ► INSTAGRAM: https://www.instagram.com/therealestatepodcast/?hl=en  ► APPLE: https://apple.co/42n339w ► Email:  myrealestatepodcast@gmail.com  We include content that looks at Real estate development and Real estate industry insights. Home buying tips and commercial real estate, investment strategies and residential property market and real estate trends, including finance and real estate agents and brokers. Plus real estate technology and real estate law and regulations, and developments and real estate industry insights. And real estate investing for first home buyers and beginners, real estate market reports and real estate negotiation skills.     #sydneyproperty #Melbourneproperty #brisbaneproperty #perthproperty 

We talked to Warren Hogan last year about the RBA and the rate rises, are they going up enough to avoid a long term crash? Erin is in talking about the high net worth individuals who are investing in overseas properties and also people from other countries who are investing and buying luxury properties in Australia. Why is Canberra flying under the radar when it's quite often matching prices of Melbourne and Sydney?  Andrew Crotty talks about the Melbourne. We reflect back as part of our summer series of podcasts. ► Subscribe here to never miss an episode: https://www.podbean.com/user-xyelbri7gupo ► INSTAGRAM: https://www.instagram.com/therealestatepodcast/?hl=en  ► APPLE: https://apple.co/42n339w ► Email:  myrealestatepodcast@gmail.com  We include content that looks at Real estate development and Real estate industry insights.   We include content on home buying tips and commercial real estate. Also real estate market analysis and real estate investment strategies. Including residential property market and real estate trends. Also real estate finance and real estate agents and brokers. Plus real estate technology and real estate law and regulations, and real estate development and real estate industry insights. And real estate investing for beginners, real estate market reports and real estate negotiation skills.     #sydneyproperty #Melbourneproperty #brisbaneproperty #perthproperty 

The Treasurer reveals the budget is highly likely to be in surplus, full analysis with legendary economist Warren Hogan. Plus, cyclone Jasper intensifies to a category two storm and the companies James Packer has put his money in.See omnystudio.com/listener for privacy information.

Australia's GDP has slowed, but that's exactly what the Reserve Bank has been hoping for, giving hope that further rate hikes may not be needed.See omnystudio.com/listener for privacy information.

The ASX soars as investors bet the RBA won't lift rates anytime soon, economist Warren Hogan explains the RBA's predicament. Plus, Origin shareholders reject the latest takeover offer and the supermarket duopoly face a senate inquiry.See omnystudio.com/listener for privacy information.

We talk to Warren Hogan the Economic Adviser for Judo Bank, about the RBA rate rise, and another possible rise in December. We also talk about the Optus outage last week and the Beatles new song! ► Subscribe here to never miss an episode: https://www.podbean.com/user-xyelbri7gupo ► INSTAGRAM: https://www.instagram.com/therealestatepodcast/?hl=en  ► Facebook: https://www.facebook.com/profile.php?id=100070592715418 ► Email:  myrealestatepodcast@gmail.com  We include content that looks at Real estate development and Real estate industry insights.   We include content on home buying tips and commercial real estate. Also real estate market analysis and real estate investment strategies. Including residential property market and real estate trends. Also real estate finance and real estate agents and brokers. Plus real estate technology and real estate law and regulations, and real estate development and real estate industry insights. And real estate investing for beginners, real estate market reports and real estate negotiation skills. #sydneyproperty #Melbourneproperty #brisbaneproperty #perthproperty 

See omnystudio.com/listener for privacy information.

Do you need to enhance your understanding of Australia's property market? Whether you're a homeowner, investor, buyer or renter, this episode will provide you with valuable property insights.  Uncover expert perspectives from one of Australia's most respected economists by tuning in now.  Host: Dr Jane Rennie, Head of Media and External Relations, CPA Australia Guest: Warren Hogan, Chief Economic Adviser at Judo Bank, Managing Director and Founder of EQ Economics, former chief economist of the ANZ Banking Group and a principal adviser to the Federal Treasury. Hogan also undertakes residential property research as an economic adviser to Halo Technologies.  For more on today's topic, Hogan was a guest on With Interest earlier this year, offering expert insights on Australia's property market.  CPA Australia publishes three podcasts, providing commentary and thought leadership across business, finance, and accounting:  With Interest INTHEBLACK Excel Tips Search for them in your podcast platform.  You can email the podcast team at podcasts@cpaaustralia.com.au

Food and Beverage Industry Summit is looking at all things from accelerating product development to addressing issues like plastic trends and packaging targets, Citrus SA is making moves to make their information more accessible with a Punjabi version of their newsletter and a farmer from Coonamble has won the Farmer of the Year for Excellence in Innovation, for using a soil moisture measurement system and drone-based weed mapping to minimise crop failure.

Australia's economy once lauded for its stability and strong growth potential, is now facing extreme economic strain. Inflation has been steadily climbing in recent months with the Reserve Bank of Australia (RBA) yet to take decisive action. It begs the question: are interest rates enough to control inflation?  To shed some light on the current state of the economy, we have economist Warren Hogan joining our podcast. In today's discussion, we cover a range of topics that are currently affecting the economy, such as the impact of the pandemic on the housing market, the rise of the working poor, and the lack of a cohesive approach from our governments. Warren also shares his insights on the effects of the super changes, the potential for a rental crisis, and the importance of understanding the risks associated with easy credit. Don't miss out on hearing keynote insights from one of Australia's leading economists and dive in for a detailed exploration into how these issues are impacting us all! Episode Highlights: 00:00 - Introduction 02:19 - Warren's stance on the Australian economy and how it differs from the consensus 06:35 - The surprising truth about interest rate and property price forecasts in 2022 13:09 - Current state of the Australian housing market and how interest rates are affecting it 16:43 - What's happening in the Sydney property market? 24:12 - Scenarios and potential outcomes of interest rate changes on the Australian economy 27:37 -What happens to the interest rates when inflation becomes entrenched in the economy? 32:13 - How is the Australian economy faring amid the pandemic? 39:37 - The cause of the housing shortfall in Australia and how it's impacting the economy 43:42 - What is causing the wage stagnation in the labor market? 48:31 - Factors to consider when buying a home as a long-term asset About Our Guest: Warren Hogan is a renowned Australian economist, macroeconomic policy expert, and a top-notch analyst of global markets. He advises political leaders, businesses, and money managers through his consulting company, EQ Economics. Warren has had an illustrious career in banking and financial markets where he served as an economist and financial market strategist at various firms, including ANZ bank, Credit Suisse, and Westpac Banking Corporation. With a focus on forecasting and prediction, Warren values critical thinking and plain speaking in his approach to economic problem-solving. He engages with the SME sector to gain perspective on what's happening now and what could happen next in the Australian economy. Currently, Warren is producing analysis and forecasts for Australia's residential property markets through HALO Technologies — an Australian listed equities analytics and execution platform. Connect with Warren Hogan: Warren Hogan's LinkedIn https://www.linkedin.com/in/warren-hogan-835581116/ Warren Hogan on Twitter https://twitter.com/_warrenhogan If you'd like to book Warren Hogan for your event https://www.saxton.com.au/speakers/warren-hogan Resources: Visit our website https://www.theelephantintheroom.com.au If you have any questions or would like to be featured on our show, contact us at: The Elephant in the Room Property Podcast - questions@theelephantintheroom.com.au Looking for a Sydney Buyers Agent? https://www.gooddeeds.com.au Work with Veronica: https://www.veronicamorgan.com.au Looking for a Mortgage Broker? https://www.wealthful.com.au Work with Chris: hello@wealthful.com.au Enjoyed the podcast? Don't miss out on what's yet to come! Hit that subscription button, spread the word and join us for more insightful discussions in real estate. Your journey starts now! Subscribe on YouTube: https://www.youtube.com/@theelephantintheroom-podcast Subscribe on Apple Podcasts: https://podcasts.apple.com/ph/podcast/the-elephant-in-the-room-property-podcast/id1384822719 Subscribe on Spotify: https://open.spotify.com/show/3Ge1626dgnmK0RyKPcXjP0?si=26cde394fa854765 See omnystudio.com/listener for privacy information.

The government has backed all 51 recommendations into a review of the Reserve Bank. SBS Finance Editor Ricardo Gonçalves speaks with Tim Harcourt from UTS and Warren Hogan from Judo Bank for their take and what it means for Australia's central bank.

Today's episode looks at Australia's rollercoaster property market. What do the fluctuations mean for property owners, buyers (including first-time buyers), investors and renters? Discussing this is guest expert Warren Hogan. He is the chief economic adviser at Judo Bank and has recently commenced doing residential property research as an economic adviser to Halo Technologies. Warren is also a former chief economist of the ANZ Banking Group and a principal adviser to the Federal Treasury. Listen now. Host: Dr. Jane Rennie, General Manager Media and Content, Marketing and Communications at CPA Australia Guest: Warren Hogan, a chief economic adviser at Judo Bank who has recently commenced doing residential property research as an economic adviser to Halo Technologies. He is also a former chief economist of the ANZ Banking Group and a principal adviser to the Federal Treasury. CPA Australia publishes three podcasts, providing commentary and thought leadership across business, finance, and accounting: With Interest INTHEBLACK (coming soon) Excel Tips Search for them in your podcast service. You can email the podcast team at podcasts@cpaaustralia.com.au  

Australia's CPI rose to its highest point in over 30 years, hitting 7.3%. These numbers will put further cash rate hikes directly in the minds of the RBA Board.See omnystudio.com/listener for privacy information.

Small business will ride the next set of rate rises, with labour shortages still the number one focus.See omnystudio.com/listener for privacy information.

While mortgage rates will rise, savers will be rewarded after years of declining returns so SBS Finance Editor Ricardo Gonçalves speaks with Warren Hogan from Judo Bank and Scott Phillips from The Motley Fool for more.

Inflation, interest rates and the RBA. Warren Hogan economic advisor to Judo Bank provides his prediction of when rates will go up and by how much as well as what are the key questions for a forthcoming review of the RBA. As the Solomon Islands and China deal continues to dominate the election campaign what are the differences in each party's approach to foreign aid and is it economically viable? Stephen Howes, professor of economics at the Crawford School of Public Policy at the ANU discusses. Over ninety billion dollars in revenue could be collected from offshore gas projects if changes to the petroleum resource rent tax (PRRT) are made according to a recent Greens policy. So what is the PRRT, why hasn't it worked and why hasn't the Coalition or the ALP in the past done anything about it? Diane Kraal, senior lecturer at the Monash University's Business School explains.

Inflation, interest rates and the RBA. Warren Hogan economic advisor to Judo Bank provides his prediction of when rates will go up and by how much as well as what are the key questions for a forthcoming review of the RBA. As the Solomon Islands and China deal continues to dominate the election campaign what are the differences in each party's approach to foreign aid and is it economically viable? Stephen Howes, professor of economics at the Crawford School of Public Policy at the ANU discusses. Over ninety billion dollars in revenue could be collected from offshore gas projects if changes to the petroleum resource rent tax (PRRT) are made according to a recent Greens policy. So what is the PRRT, why hasn't it worked and why hasn't the Coalition or the ALP in the past done anything about it? Diane Kraal, senior lecturer at the Monash University's Business School explains.