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.
A Pre-Election Western Australia Chart Pack
Australian Society and Politics, Economic Policies, The Australian Economy | 10th March 2021A set of charts exploring the unusual structure of Western Australia’s economy; and how it became Australia’s richest state as a result of the China-fuelled ‘resources boom’ of 2005-2015, before falling into recession after the end of the ‘investment phase’ of that boom, and how having squandered a good deal of the revenue bonanza thrown […]
The Australian economy and its recovery from the Covid recession
The Australian Economy | 28th January 2021Saul talks to The Eureka Report’s (and the ABC’s) Alan Kohler about the Australian economy and its recovery from the Covid recession
The current economic environment
Publications, The Australian Economy | 30th November 2020Saul talks to Veronica Morgan and Chris Bates of the “Elephant in the Room” Property Podcast
Panel discussion hosted by the Sydney Business Chamber
The Australian Economy | 17th November 2020Saul 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 like
Australian Society and Politics, Publications, The Australian Economy | 8th November 2020Last 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 Budget
Economic Policies, The Australian Economy | 7th October 2020Video* 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 nation
Economic Policies, News, Tasmania, The Australian Economy | 7th October 2020Post Budget2020 interview with Tasmanian Talks‘ Aaron Stevens, 6th October 2020 BUDGET 2020: A Tasmania Talks deep dive
Budget 2020: A recalibration of fiscal strategy
Economic Policies, News, The Australian Economy | 7th October 2020Interview 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.
