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.
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.
The impact of Covid-19 on government finances
Economic Policies, The Australian Economy | 17th September 2020Prepared remarks for Medicines Australia’s PharmAus20 Digital Forum panel discussion, 17th September 2020- Session 4
Tasmania’s tax system is broken: here are three ways to fix it
Economic Policies, Publications, The Australian Economy | 15th September 2020Saul Eslake | The Conversation | 15th September 2020
Impact of Covid-19 to the Global and Australian Economies – September 2020
Asian Economies, The Australian Economy, The Global Economy | 7th September 2020Online presentation slides: the Impact of Covid-19 to the Global and Australian Economies 7th September 2020
Youth Unemployment – what, and what not, to do about it
Economic Policies, The Australian Economy | 24th August 2020Remarks to a panel discussion at the Youth Futures (Virtual) Summit hosted by the National Youth Commission of Australia on Monday 24th August 2020