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It All Adds Up podcast - episode 1: The great Australian property 'illusion' exposed

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Welcome to our new podcast It All Adds Up.

This podcast will draw on Fairfax Media's crack team of economics experts to help you get a better understanding of the things that affect your job, your mortgage and your family budget.

We'll be focusing on the economics of the everyday – how we work, where we live, what we buy and why we behave the way we do.

And of course, there will be a dash of politics, too.

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Fairfax Media has long been the home of Australia's most respected and easy-to-read economic commentators. 

Listen to Matt Wade, Ross Gittins, and Jessica Irvine in this new Fairfax Media podcast.

Listen to Matt Wade, Ross Gittins, and Jessica Irvine in this new Fairfax Media podcast. Photo: Steven Siewert

Podcast hosts Matt Wade and Jess Irvine will be joined regularly by Australia's longest-serving Economics Editor, Ross Gittins. Our team also includes Peter Martin, Caitlin Fitzsimmons, Anna Patty and many more.

And we're arranging to have some high-profile guests drop in for a chat.

It has never been as important, or as difficult, to stay up-to-date with economics news and trends. The finance world moves fast. Things are getting more complex by the minute. And there's never been more money at stake in you super, your mortgage and your household bills.

But to paraphrase a former PM, our name is It All Adds Up. And we're here to help.

Our first episode jumps straight into the national controversy over skyrocketing property prices and declining housing affordability.

Subscribe now to hear Gittins defend home ownership as a "basic Australian right" and expose the illusion at the heart of higher property prices: "The idea that 'Isn't it great, house prices have gone up, I feel so much better off', has got a large element of illusion, unless, of course, you don't give a stuff about your children."

We're keen to hear your thoughts. So email us at italladdsup@fairfaxmedia.com.au with your questions, feedback and thoughts. Email us your question as an audio file, and you may even get to star with us in future episodes.

You can also Tweet us anytime using the hashtag #italladdsup.

We look forward to your company as we make sense of the mysterious world of economics and finance together.