SAUL ESLAKE

Economist

SAUL ESLAKE

‘Welcome to my website …
I’m an independent economist, speaker, company director
and Vice-Chancellor’s Fellow at the University of Tasmania’

The Australian Economy


Australia hasn’t had a recession – in the widely used sense of two or more consecutive quarters of negative real GDP growth – since 1991. Since then, Australia’s ranking among nations in terms of per capita GDP has risen from 22nd to, in the last four years, either 12th or 13th, behind only the United States, Norway, Switzerland and a number of other smaller states which are predominantly either oil producers or financial centres. Australia’s economic performance reflects a combination of luck and management – the relative importance and quality of which have varied significantly from time to time. Monitoring the performance of and analysing the prospects for the Australian economy has been the major part of my ‘day job’ since I completed my university degree in 1979.

Global economic trends affecting the Australian wine industry

The Australian Economy, The Global Economy | 27th June 2022

Presentation to the 18th Australian Wine Industry Technical Conference in Adelaide, 27th June 2022  


Managing the Budget

Australian Society and Politics, Economic Policies, The Australian Economy | 23rd June 2022

Presentation to the John Howard Prime Ministerial Library’s 2022 Annual Conference on the theme “Analysing the crises within the Howard Government era and their management”, on 23rd June 2022


What the Reserve Bank is trying to achieve now

Economic Policies, News, Recent Media Interview, The Australian Economy | 22nd June 2022

Saul talks to ABC Radio National’s “RN Breakfast” presenter Patricia Karvelas about what the Reserve Bank is trying to achieve now that it is raising interest rates sooner and more quickly than it had foreshadowed throughout last year.


A new dawn over stormy seas

Australian Society and Politics, Economic Policies, Publications, The Australian Economy | 23rd May 2022

Article commissioned by The Conversation suggesting (at the risk of ‘jumping the gun’) a way in which the new Labor Government might be able to secure a mandate for more ambitious economic reform next time around.


Who is a better economic manager?

Australian Society and Politics, News, Recent Media Interview, The Australian Economy | 21st May 2022

Saul Eslake talks to ABC RN’s Geraldine Doogue: un-picking the question of which side of politics can credibly claim to be ‘better economic managers’. The article originally published by @johnmenadue’s Pearls & Irritations is available here


Monash University Indonesia and XSPI webinar

Asian Economies, The Australian Economy | 17th May 2022

Saul’s presentation to a webinar hosted by Monash University Indonesia and XSPI on 17th May 2022 looking at lessons from the pandemic for Australia and Indonesia.  


Why Reserve Bank needs to raise rates next week

Australian Society and Politics, Economic Policies, Economic Video, News, The Australian Economy | 28th April 2022

Saul talked with The Conversation’s Chief Political Correspondent Michelle Grattan on 27th April about this week’s much bigger-than-expected March quarter inflation data, and its implications for next week’s RBA Board meeting and for the current election campaign.


Who are the ‘better managers’ of Australia’s economy?

Australian Society and Politics, Economic Policies, Publications, The Australian Economy | 21st April 2022

Article originally published on John Menadue’s Pearls and Irritations site on 21st April 2022, asking whether either of Australia’s major political parties can credibly claim to be “better economic managers” than the other.


ECONOMIC CHART PACK


Beginning in June 2020, Saul began publishing the Coronavirus Impact Chart Pack, a weekly publication tracking the course of Covid-19 and its impact on economies around the world, including Australia and New Zealand. Starting at just under 60 pages, by the second half of 2021 it had grown to more than 150 pages.

From the beginning of this year, 2022, the Chart Pack has been replaced with three separate publications:

Each of these chart packs will continue to trace the impact of the virus (for as long as that’s relevant), economic data, developments in monetary and fiscal policy, trends in financial markets, and (where relevant) political developments. They will be accessible to subscribers of the Premium Access package.

The World Economy chart pack will have sections covering the global economy, and the economies of major regions – including the United States, Europe, China, Japan, other East Asian countries, India, Canada, Australia and New Zealand (very briefly), Latin America and Central & Eastern Europe.


"I see a lot of chart packs in my line of work, but yours is about the best I have seen. It is amazingly comprehensive, covering far more of the world than any individual is entitled to cover, the charts are clear and easy to understand and they drill down into each topic in a very satisfying way. So well done, Saul."

Alan Kohler, ABC finance presenter, founder of Eureka Report


"A timely and comprehensive summary from one of Australia's best economists."

Adam Creighton, Economics Editor for The Australian


“I continue to find your thinking invaluable - this year to my ritual weekend reading of the economist I have happily added ‘Saul’s latest’.”

Rufus Black, former Managing Partner of McKinsey’s, and currently Vice-Chancellor of the University of Tasmania


“Your chart pack is amazing - and thanks for offering to add me to the mailing list, that would be great to be included. Everything you could want to know is there - and the way the data are organised and presented to tell the stories makes it so easy to follow.”

Prof Jeff Borland, Truby Williams Professor of Economics, The University of Melbourne, Website


“An excellent summary. Although I take a great interest in what’s happening with COVID-19 day by day In Australia and Internationally, I always find your weekly summary a very interesting review of the past week.”

retired former Chief Executive Officer of a District Hospital Service in New South Wales


THE WORLD ECONOMY THIS WEEK
27th June 2022



This chart pack, published on Monday morning (Eastern Australian time) each week, portrays developments in the global economy and in the economies of major nations and regions – the United States, Europe, China, Japan, other East Asian economies, India, Canada, Australia & New Zealand*, Latin America and Central & Eastern Europe – with particular emphasis on:

  • the impact of Covid-19,
  • economic growth,
  • labour markets,
  • international trade and payments,
  • inflation,
  • fiscal and monetary policy,
  • bond, currency and stock markets, and
  • where relevant, political developments

The pack typically runs to 110-120 pages and includes more than 570 individual charts as well as tables and text.

* for more detailed coverage of Australia and New Zealand please see The Australian Economy this Week and The New Zealand Economy this Month, respectively.

THE WORLD ECONOMY THIS WEEK 2022-06-27

THE AUSTRALIAN ECONOMY THIS WEEK
1st July 2022



This chart pack, published on Friday evening (Eastern Australian time) each week, portrays developments in the Australian economy, with particular emphasis on:

  • the impact of Covid-19,
  • broad indicators of economic growth,
  • conditions in the business sector
  • the household sector, and consumer spending
  • housing finance and construction. and the residential property market
  • the labour market
  • commodity prices, trade and the balance of payments
  • inflation,
  • fiscal and monetary policy,
  • Australian financial markets

Closer to this year’s federal elections – which have to be held no later than 29th May – we will include some pages on political developments as well.

The pack typically runs to 80-90 pages and includes some 280 charts.

For coverage of the global economy, please see The World Economy this Week

THE AUSTRALIAN ECONOMY THIS WEEK 2022-07-01

EVENTS

Saul Eslake online presentation


“You are the best economic thinker in the country hands down”

Sheryle Bagwell, recently retired Senior Business Correspondent (and sometime Executive Producer),
ABC Radio National Breakfast


“Just want to congratulate you Saul on the unbelievably good set of slides you just presented, possibly the best I have ever seen. You have set the bar very high.”

Dr Joe Flood, Adjunct Fellow, RMIT University, Pandemicia


“Thank you very much for your excellent presentation for the Economic Society today. It is always a great pleasure to hear your eloquent, up-to-date and comprehensive talks.”

Andrew Trembath, economist, Victorian and Australian Government agencies


online events @ saul-eslake.com



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WHAT'S NEW

Most Recent Articles, Talks and Presentations


The World Economy this Week 2022-06-27

The World Economy This Week | 27th June 2022

The Australian Economy this Week 2022-07-01

The Australian Economy This Week | 1st July 2022

The World Economy this Week 2022-07-04
Topics
4th July 2022


Global economic trends affecting the Australian wine industry
The Australian Economy, The Global Economy
27th June 2022


Managing the Budget
Australian Society and Politics, Economic Policies, The Australian Economy
23rd June 2022


What the Reserve Bank is trying to achieve now
Economic Policies, News, Recent Media Interview, The Australian Economy
22nd June 2022


The 2022-23 Tasmanian State Budget
Tasmania
26th May 2022


A new dawn over stormy seas
Australian Society and Politics, Economic Policies, Publications, The Australian Economy
23rd May 2022


Who is a better economic manager?
Australian Society and Politics, News, Recent Media Interview, The Australian Economy
21st May 2022


Monash University Indonesia and XSPI webinar
Asian Economies, The Australian Economy
17th May 2022


The Morrison Government’s “Super for Housing” (with Joe O’Brien)
Australian Society and Politics, Economic Policies, Housing, News, Recent Media Interview
16th May 2022


The Morrison Government’s “Super for Housing” (with Peter Ryan)
Australian Society and Politics, Economic Policies, Housing, News, Recent Media Interview
16th May 2022


Tasmania Talks 16 May 2022
Australian Society and Politics, Economic Policies, Housing, News, Recent Media Interview, Tasmania
16th May 2022


Why Reserve Bank needs to raise rates next week
Australian Society and Politics, Economic Policies, Economic Video, News, The Australian Economy
28th April 2022


VIDEO

Recent Presentations


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TESTIMONIALS

What Others Say


“You are one of the best at what you do in the world”
Gail Fosler, Chief Economist, The Conference Board, New York, December 2002

“I have never known an economist to have such a knowledge of world economic facts and to be able to bring to bear so much information in answering a question without notice”
Charles Goode, Chairman, ANZ Bank, July 2009

“Saul Eslake is … a highly regarded independent economist with the highest degree of integrity"
John Durie, Columnist, The Australian, July 2009

“… one of the few people in this world who can have so many oranges up in the air at the same time but still manage to catch them"
Andrew Clark, journalist, Australian Financial Review, November 2008

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LINKS

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