Economic Policies
The Nobel Prize winning economist James Tobin once said that the study of economics “offered the hope, as it still does, that improved understanding could better the lot of mankind”. One of the ways in which it does this is through the implementation of economic policy that helps to ameliorate boom-and-bust cycles, reduces unemployment, contains inflation or lifts people’s living standards in sustainable ways.
The impact of Trump’s tariff and other policies
Economic Policies, News, Recent Media Interview, The Global Economy, US Economy Video | 13th March 2025Saul Eslake spoke to the host of Cairns (far north Queensland) radio 4CA’s “Mornings” Presenter John McKenzie about the impact that US President Donald Trump’s tariff and other policies are having on the US and world economies, and the implications for Australia’s economy.
What could be in the Federal Budget 2025-2026?
Australian Society and Politics, Economic Policies, News, Recent Media Interview, The Australian Economy | 12th March 2025Saul Eslake talks to ABC Sydney’s ‘Mornings’ presenter Hamish McDonald about what could be in the Budget to be presented on 25th March, and the impact of the tariffs that Donald Trump is likely to impose on Australian exports of steel and aluminium to the US. And about Kylie Minogue.
Tasmania’s Debt Dilemma
Economic Policies, Tasmania | 12th March 2025Slides accompanying Saul’s presentation to a public forum hosted by the University of Tasmania, as part of its “Island of Ideas” series, in Hobart on 12th March 2025 – at which he discusses the Tasmanian Government’s response to his Independent Review of Tasmania’s Public Finances, published in August last year (and available here). A podcast […]
Werribee voters send messages to both major Victorian political parties
Australian Society and Politics, Economic Policies, News | 9th March 2025My op-ed in The Australian Financial Review of 9th February 2025 about the meaning of the by-elections held in the Victorian state seats of Werribee and Prahran the precdeding day – in particular, about the Victorian economy and the parlous state of Victoria’s public finances. Federal election 2025: Liberal Party is yet to heed the message […]
Review of the case for privatization of Tasmanian Government business enterprises
Economic Policies, News, Recent Media Interview, Tasmania | 6th March 2025In his annual ‘State of the State’ address to the Tasmanian Parliament on 4th March, Tasmania’s Premier the Hon. Jeremy Rockliff MP announced that he had asked me to provide the Government with advice as to whether it should consider selling any of its state-owned enterprises (other than Hydro Tasmania, the state-owned electricity generation company, […]
The Economic Consequences of Mr Trump
Economic Policies, The Global Economy | 29th January 2025A presentation to my colleagues in Independent Economics (Home – Independent Economics) about the likely economic consequences (including for inflation and economic growth) of Donald Trump’s policies on tariffs and trade, immigration and deportations, taxes and the US budget, and the independence of the US’ central bank, the Federal Reserve.
Widening the Gap – An Intergenerational Lens on Wealth Inequality in Australia
Australian Society and Politics, Economic Policies, Housing, The Australian Economy | 12th December 2024Wealth is inevitably more unequally distributed than income. And inequality in the distribution of wealth has increased more than inequality in the distribution of income in Australia (as in many other countries) over the past two decades or so. But what’s particularly striking, at least in Australia, is how inequality in the distribution of wealth […]
How Victoria became one of Australia’s ‘poor states’
Economic Policies, News, Publications, The Australian Economy | 25th November 2024Over the past two-and-a-half decades Victoria has gone from being one of Australia’s most prosperous states to being one of its three poorest, on most indicators, and its most heavily indebted. This article, published by the Australian Financial Review on 25th November 2024, explains how and why.