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 2022-2023 Australian Federal Budget
Australian Society and Politics, The Australian Economy | 30th March 2022This year’s Federal Budget is, inevitably, a pre-election affair – given that an election has to be called no later than 18th April and held no later than 21st May. But, despite being blessed by substantial windfall revenue gains, this Budget isn’t as much of a ‘spendathon’ as some previous pre-election budgets have been. Some […]
Federal Budget 2022-2023 Preview with ABC PM’s David Lipson
Australian Federal Budget, Australian Society and Politics, News, Recent Media Interview, The Australian Economy | 28th March 2022Saul previews Tuesday evening’s 2022-23 Federal budget with David Lipson of the ABC’s flagship evening radio current affairs program ‘PM’
Will the world’s mega economies create the mega decade?
The Australian Economy, The Global Economy | 28th March 2022Presentation to the Australian Investors’ Association 2022 National Conference on the Gold Coast, Queensland (spoiler alert: my answer is “no”).
Economic Outlook for Australia’s ‘Growth Areas’
Australian Society and Politics, The Australian Economy | 21st March 2022Presentation to the National Growth Areas’ Alliance National Congress, Werribee, Victoria, 21st March 2022 (the NGAA comprising 24 rapidly-growing local government areas in the outer suburbs of Australia’s five largest metropolitan areas)
The Reserve Bank’s balancing act on interest rates
News, Recent Media Interview, The Australian Economy | 16th March 2022Saul talks to Gareth Hutchens of the ABC’s ‘The Business’ program about the challenges posed for the RBA by rising energy and food prices
Presentation to the National Apprentice Employment Network’s Annual Conference – 16th March 2022
Labour Market, The Australian Economy | 16th March 2022A ‘state of the nation’ presentation to the 2022 conference of the National Apprentice Employment Network, which represents and brings together Group Training Organizations who recruit, select and employ apprentices and trainees, and place them with host businesses.
Economic and Political Factors Affecting the Outlook for Australian Rail
The Australian Economy | 28th February 2022Presentation to the Australasian Railway Association’s “AusRail Plus” Conference at the Sydney International Convention Centre on 28th February 2022.
Saul Eslake expects more petrol, super pain if war worsens
News, The Australian Economy | 25th February 2022Saul talks to Sean Ford, Launceston’s The Examiner, 25th Feb 2022 FEBRUARY 25 2022 – 3:00PM Saul Eslake expects more petrol, super pain if war worsens Sean Ford Share prices and superannuation balances will fall further and oil prices rise again if the Russia-Ukraine conflict worsens, economist Saul Eslake expects. “The most obvious consequences seem to have […]