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Saul Eslake

@sauleslake

Economist, Tasmanian My website: www.sauleslake.info

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17.11.2024
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Latest posts by Saul Eslake @sauleslake

Revenue-raising and tax reform Saul Eslake’s presentation to the Australia Institute’s “Revenue Summit” held at Parliament House, Canberra, on 29th October 2025

Here's a link to the slides I used in my presentation to The Auatralia Institute's "Revenue Summit" at Parliament House today:

www.sauleslake.info/revenue-rais...

29.10.2025 05:52 👍 1 🔁 1 💬 0 📌 0
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Another hung parliament solves nothing about Tassie’s dire budget The unfortunate reality is that neither party has any kind of mandate to do what needs to be done to put the state’s finances on more sustainable footing.

My op-ed in the Australian Financial Review about the outcome of this weekend's Tasmanian state election (the 4th in seven years).

www.afr.com//politics/an...

20.07.2025 21:31 👍 2 🔁 0 💬 0 📌 0
A podcast about “The Worst Public Policy Decision of the 21st Century Thus Far” – the corruption of the arrangements for distributing revenue from the GST among Australia’s states and territories 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)...

www.sauleslake.info/the-worst-pu...

05.07.2025 09:55 👍 4 🔁 1 💬 0 📌 0
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Hopes for a fairer GST system in Australia - The Wire Australia’s GST aims to be distributed equitably among its states and territories. However, the definition of ‘fair’ is a subject...

A podcast of my interview with The Wire's Thomas Koutis about The Worst [Australian] Public Policy Decision of the 21st Century Thus Far:

www.thewire.org.au/story/hopes-...

27.06.2025 11:39 👍 3 🔁 1 💬 0 📌 0
An agenda for tax reform On 22nd and 23rd June, John Menadue’s Pearls and Irritations blog published (in two parts) Saul’s article about options that ideally should be on Australian Treasurer Dr Jim Chalmers’ table as he cons...

An article about tax reform options that should be "on the table" if the Government is serious about budget repair, productivity and equity:

www.sauleslake.info/an-agenda-fo...

22.06.2025 00:32 👍 3 🔁 1 💬 0 📌 0

I know the SA Government is opposed to the bid, and that will carry some weight with the Federal Government

21.06.2025 11:53 👍 0 🔁 0 💬 1 📌 0

Elaine, foreign investment policy is now largely run by the spooks, who are instinctively anti-China in particular, and anti most other foreign investment unless it's from the US, the UK or other closely aligned nations. I'm not sure where the UAE (the major participant in this bid) fits in there

21.06.2025 11:52 👍 0 🔁 0 💬 1 📌 0

Stansfield's policy has always been "Never do anything that might cost a single vote". Which is perhaps the biggest single reason that Tasmania's finances are in the mess that they now are.

07.06.2025 02:34 👍 5 🔁 1 💬 0 📌 1
The funding of greyhound racing in Tasmania Saul Eslake’s report on the financing (overwhelmingly by the Tasmanian State Government) of greyhound racing in Tasmania: Note: this report was funded by private individuals associated with 12 chariti...

Here's a link to my report, released on Thursday, on the funding (by the Tasmanian Government) of greyhound racing in Tasmania:

www.sauleslake.info/the-funding-...

24.05.2025 05:17 👍 0 🔁 0 💬 0 📌 0
2025 election issues – a podcast with the hosts of SBS News’ “Party Time” hosts Saul Eslake’s interview about election issues with SBS News’ “Party Time” hosts Rania Yallop and Elfy Scott – covering the “cost of living” (hence the title, “Cozzie Livs”), housing, competing electio...

A podcast of my conversation with Rania Yallop & Elfy Scott, hosts of SBS's "Party Times", about issues in the current election campaign:

www.sauleslake.info/2025-electio...

25.04.2025 09:04 👍 4 🔁 1 💬 0 📌 0
Saul Eslake and Amanda Archibald talk Tariffs and More
Saul Eslake and Amanda Archibald talk Tariffs and More YouTube video by Amanda Archibald

Here's a podcast of a conversation with my (half-) sister Amanda Archibald, recorded last Sunday morning my time and Saturday afternoon hers, about #tariffs and all that - youtu.be/lvBciKVr3cs

08.04.2025 08:32 👍 6 🔁 1 💬 0 📌 0

I'm going to be taking with my half-sister Amanda Archibald (host of The Genomic Kitchen), who lives in Colorado, about #tariffs at 4pm Saturday afternoon her (MDT) time, that's 6pm EDT and 10am Sunday morning my (Eastern Australian) time.

Register at tinyurl.com/2bp67u6m to join the conversation

03.04.2025 22:01 👍 4 🔁 1 💬 0 📌 0
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The Wild Trump Theory Making the Rounds on Wall Street QAnon for tariffs

Some people - including, apparently, some serious Wall St types - believe that there is actually "method in the madness" behind the way the Trump regime is announcing and implementing its tariff policies.

This piece from The Atlantic is a good antidote to that.

www.theatlantic.com/economy/arch...

25.03.2025 00:02 👍 3 🔁 2 💬 0 📌 0
Erratic US Trade Policy Saul 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

Here's my interview with ABC-TV's national business & finance Reporter Alicia Barry about how President Donald Trump is trashing the economy he inherited from his predecessor:

www.sauleslake.info/erratic-us-t...

15.03.2025 10:10 👍 6 🔁 2 💬 1 📌 0
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The last thing Australia needs is the Turkish treatment in Trump's new world Australia is betting all its security chips on an ally turning inwards, not least because America's own ability to fund a global security umbrella is limited.

The ABC's Jacob Greber is absolutely right - Australia needs to think very carefully about the growing risks stemming from its increasing reliance on an erratic and untrustworthy United States as a strategic ally and source of defence equipment.

www.abc.net.au/news/2025-03...

09.03.2025 03:17 👍 12 🔁 2 💬 0 📌 0
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The Rise of the Brutal American This is how the bad guys act.

A terrific piece by The Atlantic's Anne Applebaum

www.theatlantic.com/ideas/archiv...

05.03.2025 23:22 👍 4 🔁 1 💬 0 📌 0
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It Was an Ambush Today marked one of the grimmest days in the history of American diplomacy.

This, from The Atlantic's Tom Nichol, is also well worth reading. And remember that, although The Atlantic is what Americans would call a "liberal"-leaning magazine, Tom Nichol is (I think) a conservative:

www.theatlantic.com/ideas/archiv...

28.02.2025 23:35 👍 7 🔁 0 💬 0 📌 0
Tense moments in Trump meeting with Zelenskyy as Vance blasts Ukraine's leader
Tense moments in Trump meeting with Zelenskyy as Vance blasts Ukraine's leader YouTube video by CBS News

What a truly vile excuse for a human being the 45th & 47th President of the United States is. And his putative successor "JD" Vance is arguably even worse

m.youtube.com/watch?v=9td4...

28.02.2025 22:02 👍 9 🔁 1 💬 0 📌 1
CLARK W. - Up Here, in Canada
CLARK W. - Up Here, in Canada YouTube video by Clark W.

This is priceless: www.youtube.com/watch?v=37nG...

28.02.2025 10:24 👍 6 🔁 3 💬 0 📌 0

What Trump and Putin are doing with regard to Ukraine evokes the Molotov-Ribbentrop pact of August 1939, by which Hitler and Stalin agreed to carve up Poland (and which they started doing a few weeks later).

Putin is almost certainly aware of the analogy. I'd be astonished if Trump was.

20.02.2025 02:46 👍 7 🔁 0 💬 0 📌 0

I can scarcely believe I am saying this: but on this at least, former Australian PM Tony Abbott is absolutely right!

www.theaustralian.com.au/world/tony-a...

20.02.2025 02:44 👍 3 🔁 0 💬 1 📌 0
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Europeans (and others) vs Trump - Pearls and Irritations Do we want to ally ourselves with a people who choose people like Trump and Vance to lead them, to be the public face of their country?

Some thoughts on the meaning of last year's US elections, and subsequent developments, for other nations (including Australia): johnmenadue.com/europeans-an...

18.02.2025 20:48 👍 8 🔁 5 💬 0 📌 1

Elaine, it is indeed very concerning for the entire world - but especially for those countries who have hitherto looked up to the US as a "beacon of democracy" and/or as a guarantor of their security. Increasingly, the US is neither of those things.

14.02.2025 09:45 👍 1 🔁 0 💬 0 📌 0

That would be, frankly, outrageous - a completely unjustified interference in Australia's sovereign right to impose taxes on goods & services purchased by Australian residents and citizens as it sees fit. And I would hope those politicians who trumpet the importance of 'sovereignty' would say so.

14.02.2025 07:42 👍 1 🔁 0 💬 2 📌 0

But it is being reported today that the US may designate our GST (which applies to most imports, from anywhere, as well as to most Australian-produced goods & services) as a 'tariff' - and use that as an excuse to levy 'reciprocal tariffs' on imports into the US from Australia.

14.02.2025 07:40 👍 1 🔁 0 💬 0 📌 0

Australia has a free trade agreement with the US, pursuant to which we don't impose tariffs on most goods imported from the US (although the US still imposes quotas on some imports from Australia).

14.02.2025 07:38 👍 0 🔁 0 💬 0 📌 0

The only exception I would readily contemplate would be tariffs on goods that are made by a foreign country using child, prison or slave labour.

14.02.2025 07:37 👍 1 🔁 0 💬 0 📌 0

Elaine, as a general principle I don't think tariffs are ever 'fair' or 'reasonable', because they force people to pay higher prices for things than they would otherwise have to, to prop up businesses or industries that would otherwise be unviable (as we did for decades with clothing & cars).

14.02.2025 07:26 👍 1 🔁 0 💬 0 📌 0
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Liberal Party is yet to heed the message sent in Werribee State and federal oppositions will draw encouragement from the byelection result. But neither has shown voters a coherent and credible budget and economic strategy.

The Financial Review has published an article from me about the implications of Saturday's pair of state by-elections in Victoria:

www.afr.com//politics/liberal-party-is-yet-to-heed-the-message-sent-in-werribee-20250208-p5lajv?btis

09.02.2025 05:29 👍 3 🔁 0 💬 0 📌 0

Could work to our advantage - makes Australia's product more competitive vs the US. But that also applies to, eg, Indonesia (coal), Qatar (LNG) & other competitors.

Also worth noting that US beef, wine & other producers were very willing to 'cut our lunch' when China was targeting us.

04.02.2025 05:29 👍 1 🔁 0 💬 1 📌 0