SAUL ESLAKE

Economist

SAUL ESLAKE

‘Welcome to my website …
I’m an independent economist, speaker, company director
and Vice-Chancellor’s Fellow at the University of Tasmania’

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.

Distribution of GST Revenue: the Worst Public Policy Decision of the 21st Century to date.

Australian Society and Politics, Economic Policies, The Australian Economy | 4th February 2024

Saul Eslake: An essay about the consequences of the Morrison Government’s decision (supported by the then Labor Opposition and continued, indeed extended, by the current Albanese Labor Government) to change the way in which the revenue from the GST is carved up among Australia’s states and territories, at the behest of Australia’s richest state, Western Australia.


Alternatives to interest rates

Economic Policies, Recent Media Interview, The Australian Economy | 29th January 2024

Saul Eslake: Some weeks ago, the Australian Broadcasting Corporation (ABC)’s Fiona Blackwood asked me to respond to a series of questions from listeners and viewers about possible alternatives to raising interestr ates as a way of tackling inflation. These were all very good questions, which deserved serious and thoughtful answers – which is what I hope I have provided here …


‘Stage 3’ tax cuts

Economic Policies, Recent Media Interview, The Australian Economy | 25th January 2024

Saul Eslake talks to ABC Radio Central Victoria’s Fiona Parker about the Government’s changes to the ‘Stage 3’ tax cuts originally legislated by the former Morrison Government, and what they might mean for different groups of taxpayers, and for inflation and interest rates.


The proposed changes to the “stage 3 tax cuts”

Economic Policies, Recent Media Interview, The Australian Economy | 24th January 2024

Saul Eslake talks to the Seven Network’s “Sunrise” hosts Natalie Barr and Matt Shervington on 24 Jan 2024 about the Government’s proposed changes to the “stage 3 tax cuts” originally legislated by the Morrison Government back in 2019, and which the current government had previously promised to “deliver in full”.


Don’t count your chickens when it comes to an RBA rate cut

Recent Media Interview, The Australian Economy | 23rd January 2024

Saul Eslake talks to Ausbiz’ Danielle Ecuyer about the economic costs and benefits of immigration, the outlook for inflation and unemployment, and the prospects of RBA interest rate cuts in 2024.


Cost of Living and Housing Pressure

Recent Media Interview, The Australian Economy | 22nd January 2024

Saul Eslake talks to 4BC’s Bill McDonald about possible options for ‘cost of living’ relief, the tax treatment of property investors, and why he gave Treasurer Jim Chalmers a ‘7 out of 10’ rating in a poll of economists conducted by the Australian Financial Review.


Stage 3 Tax Cuts 2024

Economic Policies, Recent Media Interview, The Australian Economy | 15th January 2024

Saul Eslake talks to 4BC’s Bill McDonald about the ‘stage 3’ tax cuts – originally legislated by the former Morrison Government, but which the Albanese Government has pledged to deliver in full come 1st July – and the impact they might have on the Reserve Bank’s thinking about interest rates.


The RBA is following a slightly different path from its peers

Economic Policies, The Australian Economy | 11th January 2024

The Reserve Bank of Australia has come in for criticism for some quarters for its most recent rate hike (on 7th November). Although most RBA-watchers, me included, think that there won’t be any more rate hikes next year, the Minutes of the 5th December RBA Board meeting show that another hike was a live option […]


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Saul Eslake online presentation


“You are the best economic thinker in the country hands down”

Sheryle Bagwell, recently retired Senior Business Correspondent (and sometime Executive Producer),
ABC Radio National Breakfast


“Just want to congratulate you Saul on the unbelievably good set of slides you just presented, possibly the best I have ever seen. You have set the bar very high.”

Dr Joe Flood, Adjunct Fellow, RMIT University, Pandemicia


“Thank you very much for your excellent presentation for the Economic Society today. It is always a great pleasure to hear your eloquent, up-to-date and comprehensive talks.”

Andrew Trembath, economist, Victorian and Australian Government agencies


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WHAT'S NEW

Most Recent Articles, Talks and Presentations


The Tasmanian Economy
Tasmania
29th February 2024


The worst public policy decision of the 21st Century
Economic Policies, Recent Media Interview
20th February 2024


Is ‘price gouging’ a major contributor to inflation?
Recent Media Interview
19th February 2024


The massive $50bn GST revenue distribution blow out (with Andy Park)
Economic Policies, Recent Media Interview
14th February 2024


The massive $50bn GST revenue distribution blow out (with Gary Adshead)
Economic Policies, Recent Media Interview
14th February 2024


Tasmania’s senior secondary education reform
Recent Media Interview, Tasmania
13th February 2024


Distribution of GST Revenue: the Worst Public Policy Decision of the 21st Century to date.
Australian Society and Politics, Economic Policies, The Australian Economy
4th February 2024


Insights on Asian Elections 2024 mentioned in The Economist
Asian Economies
30th January 2024


Alternatives to interest rates
Economic Policies, Recent Media Interview, The Australian Economy
29th January 2024


Reflections on ‘Australia Day’
Australian Society and Politics
26th January 2024


‘Stage 3’ tax cuts
Economic Policies, Recent Media Interview, The Australian Economy
25th January 2024


The proposed changes to the “stage 3 tax cuts”
Economic Policies, Recent Media Interview, The Australian Economy
24th January 2024


Don’t count your chickens when it comes to an RBA rate cut
Recent Media Interview, The Australian Economy
23rd January 2024


Have we passed ‘peak China’?
Asian Economies
23rd January 2024


Cost of Living and Housing Pressure
Recent Media Interview, The Australian Economy
22nd January 2024


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TESTIMONIALS

What Others Say


“You are one of the best at what you do in the world”
Gail Fosler, Chief Economist, The Conference Board, New York, December 2002

“I have never known an economist to have such a knowledge of world economic facts and to be able to bring to bear so much information in answering a question without notice”
Charles Goode, Chairman, ANZ Bank, July 2009

“Saul Eslake is … a highly regarded independent economist with the highest degree of integrity"
John Durie, Columnist, The Australian, July 2009

“… one of the few people in this world who can have so many oranges up in the air at the same time but still manage to catch them"
Andrew Clark, journalist, Australian Financial Review, November 2008

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