The Global Economy
Australia may be an island continent, but it is no more immune to global economic influences than are other countries which share physical borders with their nearest neighbours. Australia is very much exposed to global swings in commodity prices, and to fluctuations in major advanced economies and (increasingly) to business cycles in key emerging economies such as China. Australia’s financial markets are increasingly integrated with the their global counterparts. And Australian economic policy-makers cannot ignore changes in monetary, fiscal and other economic policy settings in the world’s major economies. Hence, an awareness of trends in the global economy is an essential element of understanding Australian economic conditions.
Donald Trump, ‘reciprocal tariffs’, crazy formulae, penguins & seals, and the ghost of Al Capone
Economic Policies, Globalization, Registration, The Global Economy | 6th April 2025Inside Story commissioned an article from Saul Eslake about Donald Trump’s “reciprocal tariffs”, which you can either read there or the original text here below:
The Impact of President Trump’s ‘trade war’
Economic Policies, Recent Media Interview, The Australian Economy, The Global Economy, US Economy Video | 18th March 2025Saul Eslake spoke with ABC Radio 702 Sydney’s ‘Mornings’ Presenter Hamish McDonald about the impact of US President Donald Trump’s ‘trade war’ on the Australian and global economies, and the stock market.
Potential Risks in the Australian Share Market
Economic Policies, Economic Video, Recent Media Interview, The Australian Economy, The Global Economy | 18th March 2025Saul spoke to Sean Boss of Hot Copper, a website for retail investors, on 14th March about the potential risks for investors in the Australian share market, and how to manage them.
Erratic US Trade Policy
Economic Policies, Globalization, Recent Media Interview, The Global Economy, US Economy Video | 15th March 2025Saul Eslake talks to the ABC’s national business and finance reporter Alicia Barry about the risks of a US recession and the consequences of the economic policies being pursued by the Trump regime
The impact of Trump’s tariff and other policies
Economic Policies, News, Recent Media Interview, The Global Economy, US Economy Video | 13th March 2025Saul Eslake spoke to the host of Cairns (far north Queensland) radio 4CA’s “Mornings” Presenter John McKenzie about the impact that US President Donald Trump’s tariff and other policies are having on the US and world economies, and the implications for Australia’s economy.
The real meaning of last November’s US elections is becoming clearer – the American people voted for this
Australian Society and Politics, News, Security, The Australian Economy, The Global Economy | 9th March 2025An article originally published on Pearls and Irritations (a blog curated by John Menadue), and by The New Daily on 9th February 2025 I am not suffering from what some of President Donald Trump’s more fervent supporters — both in the US and in Australia — like to call “Trump derangement syndrome”. That is, I’m not disputing that […]
Potential ‘Black Swan’ Events
Economic Video, Recent Media Interview, The Australian Economy, The Global Economy | 27th February 2025Saul Eslake talks with LinkedIn’s Finance Editor Misa Han about potential ‘black swan’ events for financial markets in 2025 – including a possible melt-down in crypto-currencies, ongoing increases in bond yields, outbreaks of military conflicts and escalating trade tensions. Yes, there are also things to be optimistic about – but markets seem to have ‘price those in’, whilst giving much less weight to potential negative shocks.
Share Market Risks
Economic Video, Recent Media Interview, The Australian Economy, The Global Economy | 27th February 2025Saul talks with LinkedIn Finance Editor Misa Han about some of the potential risks facing share market investors this year, including rising bond yields, stretched valuations, disappointments with realizing the potential of AI (or in identifying ‘winners’ and ‘losers’), and ‘contagion risks’ in the event of a melt-down in crypto-currencies’.