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 risks of recessions in Europe, the US and AustraliaEconomic Policies, News, Recent Media Interview, The Australian Economy, The Global Economy | 13th July 2022
Saul talks to Alan Kohler about the risks of recessions in Europe, the US and Australia stemming from the combination of sharply higher energy prices and higher interest rates, 13th July 2022. And now, here’s Saul Eslake, independent economist. Well, Saul, is it even possible for Australia to have a recession with the labour […]
RBA raised rate for the third timeAustralian Society and Politics, Economic Policies, Housing, Recent Media Interview, The Australian Economy | 6th July 2022
Saul Eslake talks to Channel 9 A Current Affair’s Sebastian Costello about interest rate on the day the Reserve Bank of Australia raised rate for the third time, 5 July 2022.
Global economic trends affecting the Australian wine industryThe Australian Economy, The Global Economy | 27th June 2022
Presentation to the 18th Australian Wine Industry Technical Conference in Adelaide, 27th June 2022
What the Reserve Bank is trying to achieve nowEconomic 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 seasAustralian 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
Why Reserve Bank needs to raise rates next weekAustralian Society and Politics, Economic Policies, News, Recent Media Interview, 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.