On the back of ongoing tax concessions primarily benefitting the wealthiest and the government’s five per cent deposit scheme for first home buyers, Australia has just broken a new record for average home loan size.

On this episode of Dollars & Sense, Greg and Elinor discuss the persistent rumours of changes to the capital gains tax discount, why government spending isn’t to blame for the latest inflation increase, and the impact of the federal government’s five per cent deposit scheme on lending figures (and don’t discuss wages as promised last week, cus Greg can’t read a calendar).

This discussion was recorded on Thursday 12 February 2026.

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Host: Greg Jericho, Chief Economist, the Australia Institute // @grogsgamut

Host: Elinor Johnston-Leek, Senior Content Producer, the Australia Institute // @elinorjohnstonleek

Show notes:

Will the government finally deliver a housing policy that stops making a bad situation worse? by Greg Jericho, Guardian Australia (February 2026)

“They rushed this”: why the Reserve Bank got it wrong by raising rates, Follow the Money, the Australia Institute (February 2026)

Profit in home lending by David Richardson, the Australia Institute (February 2026)

Submission to the Select Committee on the Operation of the Capital Gains Tax Discount by Matt Grudnoff and Greg Jericho, the Australia Institute (February 2026)

Australia’s great gas giveaway by Mark Ogge, Rod Campbell and Piers Verstegan, the Australia Institute (May 2024)

Theme music: Blue Dot Sessions

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