Saul Eslake: The Worst Public Policy Decision of 21 Century

Описание: Saul's interview with The Wire' about what I've called 'The Worst Public Policy Decision of the 21st Century Thus Far" - the corruption, at the behest of Australia's richest state (Western Australia) of the principles which have governed the distribution of financial assistance from the Australian Federal Government to the states and territories since the mid-1930s (including, since its introduction in 2000, the revenue from Australia's goods and services tax, GST), which is now estimated to cost the Federal Government almost $60 billion over the eleven years to 2029-30 (a massive blow-out from the $9 billion over eight years when initially legislated by the former Coalition Government, with the support of the then Labor Opposition) in 2018.  Saul also canvasses a possible way out of this quagmire.
Saul Eslake is one of Australia’s best-known economic analysts and commentators, mainly from his work as Chief Economist of McIntosh Securities (one of Australia’s top stockbrokers in the 1980s), the ANZ Bank (one of Australia’s big four commercial banks) and the Australian arm of Bank of America Merrill Lynch (one of the best-known Wall Street investment banks). One of the things that’s always distinguished Saul from other people in similar positions is his willingness to write and talk about more than just what the Reserve Bank will do next month, what next week’s unemployment figure will be, or whether the A$ is going to go up or down next year. He delves into the politics behind major economic policy decisions; he looks at the social and regional dimensions of economic trends; and he considers global as well as national or local economic trends. He’s more familiar with Asia, and with New Zealand, than most Australian economists – and he makes extensive use of his wide global networks. And he writes, and speaks, with a sense of humour that sometimes gets him into trouble with powerful people: but he doesn’t care about that.

His website www.sauleslake.com contains most of Saul Eslake’s published talks, presentations, conference papers and articles over the last twenty-five years. Anyone interested in Saul’s work can subscribe to gain access to material otherwise only available to his clients, and to participate in online webinars and forums conducted through the site