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The Karl Stefanovic Show

The Karl Stefanovic Show

Karl Stefanovic

Introducing The Karl Stefanovic Show. A chance for me to get curious. A few decades on the telly has given me a very good bullshit meter - and an an eye for a bloody great story. This show will be the people I know you want to hear from too - across politics, sport, business and culture. Unfiltered. Unscripted. Uncensored. I'll go there. Why not? No spin. Lots of fun. Ready to take a walk on the wild side? Subscribe to join us.

119 - Cost of Living: The Inflation Fix Politicians Haven’t Tried
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  • 119 - Cost of Living: The Inflation Fix Politicians Haven’t Tried

    Cost of living and interest rates: Interest rates are at their highest since 2008. Economist Saul Eslake on who’s carrying the inflation burden — what it even means —  and a fairer way to fight it.

    Only about a third of households have a mortgage, but they’re doing most of the heavy lifting on inflation. Saul explains why prices won’t budge, how much government spending is adding to the problem, and the superannuation idea he says would share the load more fairly.

    Victorian Elections: Then Melbourne radio legend Neil Mitchell on the Victorian election on November 28. Labor has run the state for 12 years, Neil says voters are furious about crime, hospitals and potholes, and One Nation could hold the balance of power. This is Australia’s equivalent of the US midterms, and Neil says it could be an early predictor for the outcome of the next federal election.

    In this episode:

    Why the RBA keeps raising rates, and when Saul thinks they’ll come down

    What’s keeping inflation high

    A fairer alternative to rate rises

    How much government spending is adding to inflation

    Neil on the leaders, One Nation and his call on who wins

    Wed, 04 Nov 2026 - 50min
  • 117 - Cost of Living: A Message to Every Aussie Doing It Tough

    Interest rates at an 18-year high, and the cost of living keeps climbing. For a lot of Australians, this one’s hurting.

    Families. Small business owners. Farmers. You’re doing it tough, and I see you.

    The government isn’t riding to the rescue, and neither is the Reserve Bank. So it’s on us. We’ve come through droughts, floods and fires by looking after each other. We’ll get through this the same way.

    Let me know what you’re going without.

    #KarlStefanovic #InterestRates #CostOfLiving

    Tue, 03 Nov 2026 - 06min
  • 116 - What is inflation and why do interest rates keep rising?

    Alexander Downer talks inflation, government spending and your mortgage, recorded before the Melbourne Cup Day rate call.The former Liberal leader and Australia’s longest-serving foreign minister has seen it all. The highs and lows. So what does he prescribe for the future based on the past?

    Interest rates have gone up four times this year, to 4.60 per cent. Inflation hit 4.3 per cent in the year to September. On Melbourne Cup Day, the Reserve Bank decides whether to go again.

    Here’s how it works. When prices rise faster than the Reserve Bank’s 2-3 per cent target, it lifts the cash rate. Borrowing costs more, households and businesses spend less, and price rises slow. The question is what’s pushing prices up in the first place.

    He says it’s government spending, state and federal. The Reserve Bank says demand from both government and the private sector is running ahead of what the economy can supply, and higher oil prices from the Middle East conflict are adding to it.

    Karl asks Downer what that means for families, whether we just get used to higher rates, and how we get out of it.

    How rate rises are meant to bring prices down The interest bill on government debt, and what it could pay for instead Why the inflation target is 2-3 per cent, not zero What happens when a country can’t borrow cheaply any moreWhat families can do right now
    Sun, 01 Nov 2026 - 42min
  • 115 - HOW A WESTERN SYDNEY KID CONQUERED LAS VEGAS

    The tradie behind Thunder From Down Under, Vegas' longest-running male revue, on Western Sydney, the Gold Coast and going all in with it all off.
    Billy Cross grew up in housing commission in Sydney's west and left home at 16 on his L's. He did a bricklaying apprenticeship, got the ticket and never laid a brick. Then a Gold Coast nightclub asked him to take his shirt off. He couldn't dance. He learned.
    That show became Manpower Australia, then Australia's Thunder From Down Under. It's been stripping in Las Vegas since 1993, and working the Strip full-time since 2001. But first, he lost his shirt in London's West End. Well, most of his Australian tour money, he says.
    Karl and Billy get into:

    Leaving Liverpool at 16, and the bricklaying ticket he never usedHens, mums and grandmas: the Gold Coast Monday nights that started it all1,500 seats in London, and 16 turned up, he saysThe VHS tape that got him a full hour on Phil DonahueAll in or go broke: the first male revue with a permanent home on the Las Vegas Strip

    This episode is brought to you by Tanda. Rostering, payroll and HR for Aussie businesses: tanda.com.au

    Watch and listen on YouTube and all podcast apps.

    #thunderfromdownunder #lasvegas #goldcoast

    Fri, 30 Oct 2026 - 1h 09min
  • 114 - The Immigration Debate Nobody’s Having About Your Dinner

    Immigration is the hottest issue in Australia. But there’s a layer most people never see, and it’s bringing you dinner.

    Sydney restaurateur Mario Libertini has spent 46 years in hospitality. He runs two busy restaurants. The customers are there. The staff aren’t. He hasn’t found an apprentice in five years, and he says the only workers he can get come from overseas.

    Karl and Mario get into why young Australians are walking away from hospitality, how the new visa rules are turning work into a game show, what it means beyond restaurants for aged care, childcare and the farms, and why, after 46 years, Mario wouldn’t open a restaurant today.

    In this episode:

    The big red button ad, and why it went viral

    Why young Aussies stopped wanting hospitality jobs

    The backpacker ballot and new student visa rules, explained

    Apprentices, social media and the “elevator generation”

    How to get young Australians back behind the bar

    This episode is brought to you by Tanda. Find out more at tanda.com.au/karl

    #immigration #hospitality #australia


    Wed, 28 Oct 2026 - 47min
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