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.
Why Reserve Bank needs to raise rates next weekAustralian 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.
“Better economic managers”: a factcheck with Saul EslakeAustralian Society and Politics, Economic Policies, News, Recent Media Interview, The Australian Economy | 13th April 2022
Saul talks to Linda Mottram, of ABC Radio’s flagship program “PM” about the accuracy of political parties’ claims, during election campaigns like the current one, to be “better economic managers” than their opponents
Scott Morrison spruiks Australia’s post-Covid jobs recovery. We factcheck himAustralian Society and Politics, News, The Australian Economy | 8th April 2022
Guardian Australia’s Paul Karp filed this story based on an interview with Saul, ‘fact checking’ the PM’s claim that the Covid-19 recession was “30 times worse” than the GFC. Scott Morrison spruiks Australia’s post-Covid jobs recovery. We factcheck him | Australian politics | The Guardian
The RBA and the BudgetNews, Recent Media Interview, The Australian Economy | 7th April 2022
Saul Eslake talks to Alan Kohler about the outcome of this week’s RBA Board meeting, which foreshadowed the possibility of a first rate rise in June, and about last week’s Federal Budget AK: And now, here’s Saul Eslake, independent economist and his business is called Corinna Economics. Saul, any surprises in yesterday’s monetary policy decision […]
Morrison’s special GST deal with WA – Monday Finance with Elysse MorganAustralian Society and Politics, Economic Policies, News, The Australian Economy | 4th April 2022
Saul talks to the ABC’s Elysse Morgan about the ‘dirty deal’ which adds almost $20bn to federal deficits in order to boost WA’s surpluses by the same amount, on ABC Radio National Breakfast
The 2022-2023 Federal Budget with Tasmania Talks’ Mike O’LoughlinAustralian Federal Budget, Australian Society and Politics, News, Recent Media Interview, Tasmania, The Australian Economy | 30th March 2022
Saul talks to Tasmania Talks’ Mike O’Loughlin about the 2022-23 Federal Budget, and its likely impact on Tasmania, wages, and housing affordability