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.
The Australian economy and its recovery from the Covid recessionThe Australian Economy | 28th January 2021
Saul talks to The Eureka Report’s (and the ABC’s) Alan Kohler about the Australian economy and its recovery from the Covid recession
Panel discussion hosted by the Sydney Business ChamberThe Australian Economy | 17th November 2020
Saul participated in a panel discussion on “The Way Out – the NSW Economy” hosted by the Sydney Business Chamber on 10th November, ahead of the NSW State Budget presented on 17th November, along with Gigi Foster, Professor of Economics at the University of NSW, and Mark Frost, Chief Economist of Business NSW. An edited […]
Regulatory action that ANZ would not likeAustralian Society and Politics, Publications, The Australian Economy | 8th November 2020
Last month, a senior Minister in the Morrison Government threatened my former employer, ANZ Bank, with adverse regulatory actions because a well-known employee with the initials “SE” (in this case, the current CEO Shayne Elliott) said something that the Minister didn’t like. This brought back fond memories, which I couldn’t help writing about .
Video & presentation slides: An Assessment of the 2020-21 Australian Government BudgetEconomic Policies, The Australian Economy | 7th October 2020
Video* and presentation slide for Assessment of the 2020-21 Australian Federal Budget, 7th October 2020. *Subscribers will receive YouTube invitation email to access this private video.
Economist Saul Eslake details what the significant deficit means for our nationEconomic Policies, News, Tasmania, The Australian Economy | 7th October 2020
Post Budget2020 interview with Tasmanian Talks‘ Aaron Stevens, 6th October 2020 BUDGET 2020: A Tasmania Talks deep dive
Budget 2020: A recalibration of fiscal strategyEconomic Policies, News, The Australian Economy | 7th October 2020
Interview with Alan Kohler, Talking Finance, 7th October 2020 It’s all about the federal budget this week as Alan Kohler is joined by Independent Economist, Saul Eslake who questions whether the targeting of money will boost economic activity while suggesting households should have been offered vouchers to spend in order to stimulate the economy.