EPISODE · May 7, 2026 · 1H
Blunt Tools: Rate Rises and Media Tropes
from Fourth Estate · host 2SER
Are we asking enough questions about the way Australia manages inflation, and the way the media reports on it? Every Reserve Bank decision is treated like a national event. Interest rates rise, borrowers brace, and economists debate whether inflation expectations remain “anchored”. But has economic journalism become too narrowly framed around the logic of the Reserve Bank? And are governments escaping scrutiny as economic management is increasingly outsourced to unelected technocrats? Host Tina Quinn is joined by Stephen Long, Emilia Terzon and Hugh Riminton to discuss fiscal policy, media narratives around inflation, and who really bears the cost of fighting it. The panel also examines the proposed Seven West Media–Southern Cross Austereo merger, tensions surrounding Kerry Stokes’ influence over the company, looming restructures and job cuts at Nine News, and the fallout from the Kyle and Jackie O controversy at ARN. Plus, a reflection on the death of Ted Turner — the CNN founder who transformed television news through the advent of the 24-hour news cycle. We'd love to hear from you and 2SER needs you! Head to love2SER.com and tell us your thoughts, or email us at [email protected]. You can also tweet us at @fourthestateau Learn more about your ad choices. Visit megaphone.fm/adchoices
What this episode covers
Are we asking enough questions about the way Australia manages inflation, and the way the media reports on it? Every Reserve Bank decision is treated like a national event. Interest rates rise, borrowers brace, and economists debate whether inflation expectations remain “anchored”. But has economic journalism become too narrowly framed around the logic of the Reserve Bank? And are governments escaping scrutiny as economic management is increasingly outsourced to unelected technocrats? Host Tina Quinn is joined by Stephen Long, Emilia Terzon and Hugh Riminton to discuss fiscal policy, media narratives around inflation, and who really bears the cost of fighting it. The panel also examines the proposed Seven West Media–Southern Cross Austereo merger, tensions surrounding Kerry Stokes’ influence over the company, looming restructures and job cuts at Nine News, and the fallout from the Kyle and Jackie O controversy at ARN. Plus, a reflection on the death of Ted Turner — the CNN founder who transformed television news through the advent of the 24-hour news cycle. We'd love to hear from you and 2SER needs you! Head to love2SER.com and tell us your thoughts, or email us at [email protected]. You can also tweet us at @fourthestateau Learn more about your ad choices. Visit megaphone.fm/adchoices
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Blunt Tools: Rate Rises and Media Tropes
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