Peter Costello Warns of Significant Economic Fallout, Runaway Inflation, Mass Migration Failure

As Australia’s longest-serving Treasurer, The Hon. Peter Costello AC delivered 12 Federal Budgets, including ten surpluses. Costello also served in the board of the Future Fund from 2009 and as its Chairman from February 2014 until February 2024, and served as Chairman of Nine Entertainment from 2016 to 2024.In this episode of ‘The Prosperity Question’, recorded on 27 October 2026 and hosted by IPA Chief Economist Adam Creighton, Mr Costello shares is unique insights into the economic threats facing Australia, including high and rising inflation, government debt, the failure of mass migration, the massive over-reach of government's in response to the Covid-19 pandemic, and why so many young Australians rightly feel aggrieved by Australia's failing economic and social system. ‘The Prosperity Question’ podcast is a production of the Institute of Public Affairs. To support more content like this, you can make a tax-deductible donation at https://members.ipa.org.au/donate/ Subscribe to keep up to date with our latest research: https://ipa.org.au/#signup

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