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 Risk of Recession
Economic Video, News, Recent Media Interview, The Australian Economy | 10th August 2022Saul talks to Eureka Report’s Alan Kohler about the risks of Australia’s economy falling into recession as interest rates rise here and abroad.
Managing the Budget
Australian Society and Politics, Economic Policies, Economic Video, The Australian Economy | 9th August 2022 Presentation to the John Howard Prime Ministerial Library’s 2022 Annual Conference on the theme “Analysing the crises within the Howard Government era and their management”, on 23rd June 2022
Treasurer’s Ministerial Statement on the Economy
Australian Society and Politics, Economic Policies, News, Recent Media Interview, The Australian Economy | 31st July 2022Saul talks to Laura Tingle, Chief Political Correspondent for ABC-TV’s flagship current affairs program “7:30”, about the Treasurer’s Ministerial Statement on the Economy on 28th July.
June quarter inflation figures
News, Recent Media Interview, The Australian Economy | 28th July 2022Saul talks to ABC Radio National “Drive” presenter Andy Park about the June quarter inflation figures and their implications for interest rates and the Australian economy, 27th July 2022
Consumer prices surge to 21-year high
Economic Policies, News, Recent Media Interview, The Australian Economy | 27th July 2022Saul Eslake talks to SBS’ Ricardo Gonçalves about about the June quarter CPI data which showed Australia’s annual ‘headline’ inflation rate reaching at 31½ -year high of 6.1%
The Australian Economy – What’s in Store?
The Australian Economy | 20th July 2022Presentation to RPS Australia in Melbourne, 20th July 2022
The risks of recessions in Europe, the US and Australia
Economic Policies, News, Recent Media Interview, The Australian Economy, The Global Economy | 13th July 2022Saul 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 time
Australian Society and Politics, Economic Policies, Housing, Recent Media Interview, The Australian Economy | 6th July 2022Saul 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.