NewsBite

Saul Eslake

January

Opposition Leader Peter Dutton.

Proposed lunch tax deduction to hurt productivity, warns Eslake

Labor accuses the Coalition of using taxpayer money to ‘shout your boss steak tartare’, but the opposition says its policy will help the hospitality sector.

  • Michael Read

December 2024

Perth’s skyline.

WA GST deal blows out to $54b

Western Australia will receive an extra $21.1 billion over the next four years as part of the agreement, which veteran budget watcher Chris Richardson says is a “travesty”.

  • Michael Read
 Tim Pallas has overseen a sharp rise in Victoria’s debt.

Business won’t miss Pallas, but there’s no easy fix for Victoria

With two years before the next state election, it seems likely that Tim Pallas’ exit will mean a shift in messaging rather than a shift in fiscal strategy.

  • James Thomson
Victorian Premier Jacinta Allan on Tuesday released the state government’s economic growth statement that flagged plans to cut down on red tape and speed up gas project approvals.

Some help for business, but Labor plan to revive Victoria panned

Premier Jacinta Allan has released her economic statement that includes moves to cut red tape, speed up gas approvals and introduce a business council.

  • Gus McCubbing
Victorian Premier Jacinta Allan and Treasurer Tim Pallas whose department has engaged corporate advisers on raising revenue.

Victoria pays consultants $2m for possible asset sale list

The Allan government is paying speciality consultants Ad Astra more than $2 million, including for a scoping study to help turn the state’s dire finances around.

  • Patrick Durkin and Anthony Macdonald
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November 2024

Economist Saul Eslake and Victorian Treasurer Tim Pallas.

Fact check: Eslake v Pallas on Victoria’s economy

Tim Pallas volunteered to debate the former ANZ chief economist after he published an in-depth audit of Victoria’s finances. Here’s what they’ve said so far.

  • Gus McCubbing

‘Embarrassing’: Victorian households fall behind Tasmania

An extensive audit of Victoria’s dire finances shows declining household income and per capita economic activity and rising debt and interest payments.

  • Patrick Durkin

October 2024

Change the tax framework? The changes would be less than both sides of the debate argue.

We’re more nuanced on negative gearing than five years ago

Disadvantages for investors – and gains for aspiring owners – would be more modest than many expect, if Australia’s property tax regime changed.

  • Robert Harley

September 2024

Allowing home buyers to access their super to fund their deposits will benefit wealthy and older investors, new analysis has found.

Tapping super for housing ‘a win for wealthy, older investors’

The Coalition policy would increase the borrowing of younger couples by only $90,000, compared with $400,000 for older investors, new analysis has found.

  • Hannah Wootton

August 2024

The proposed stadium in Tasmania has caused ongoing controversy, partly because of its potential to damage the state’s ailing economy.

Saul Eslake’s devastating assessment of the Tassie economy

From AFL stadiums to chocolate fountains and unfunded election promises, spending increases and tax cuts are sending the Apple Isle backwards ever faster.

  • Hannah Wootton

July 2024

Saul Eslake at home in Tasmania.

Saul Eslake’s one-man mission to undo the GST deal – and make WA pay

The Tasmanian economist has drawn the ire of an entire state with his campaign to reverse “the worst public policy decision of the 21st century”.

  • Myriam Robin

May 2024

WA GST deal to cost federal taxpayers $53b and rising: budget

The deal will cost $44 billion more than originally promised, but neither side of politics dares change it for fear of losing seats in the west.

  • Phillip Coorey
Former WA Premier Colin Barnett and economist Saul Eslake at the national press club in Canberra on Wednesday.

The instigator of WA’s GST deal says it is failing

Colin Barnett says there was no need for the prime minister to lift WA’s minimum GST “floor” from 70¢ to 75¢ in the dollar, as is set to occur from July.

  • John Kehoe

April 2024

Assistant Minister for Competition Andrew Leigh noted the Federal Trade Commission’s findings that a ban would increase wages.

Labor urged to restrict rather than ban non-compete clauses

Leading economists have urged the Albanese government to significantly restrict the use of non-compete clauses to revive Australia’s ailing productivity growth.

  • Euan Black

February 2024

Economist Saul Eslake says of WA’s GST deal: “How that can be reconciled with any sensible concept of equity, let alone fiscal prudence, is surely beyond comprehension.”

‘Beyond comprehension’: WA’s GST deal to blow out to $50b

Economists Saul Eslake and Chris Richardson say the cost of a GST deal negotiated by the Turnbull government to win votes in WA could blow out to $50 billion.

  • Phillip Coorey and Tom McIlroy
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April 2023

Victorian Premier Daniel Andrews says his state was “ripped off” by former Morrison government.

Andrews in talks for ‘more support’ from PM ahead of budget

The Victorian premier is speaking to Anthony Albanese about the need for a federal bailout in the May budget as the state’s growing debt threatens the national economy.

  • Gus McCubbing and Patrick Durkin

January 2022

Many businesses have been hit hard by the so-called ‘shadow lockdown’ caused by the omicron outbreak over summer.

NSW $1b extra aid ‘won’t break the bank’ after big pandemic spending

Economists say extra $1 billion the NSW government will splash on omicron-impacted businesses is ‘small dollars’ and maintained hope for a forecast surplus.

  • Finbar O'Mallon

June 2021

Out of step on costs? AOC president John Coates and Queensland Premier Annastascia Palaszczuk in February.

Brisbane 2032 Olympic host costs are already soaring

Olympics veteran John Coates says new reforms will help keep the cost of hosting Brisbane 2032 down, but history is not on his side.

  • Michael Bleby

May 2021

Victoria’s economic position has deteriorated under the government led by Daniel Andrews.

Victoria’s decline shows fiscal buffer needed in a crisis

As Victorians endure their fourth major lockdown, attention is being focused on the pre-pandemic performance of Victoria’s political system.

  • The AFR View

September 2020

Saul Eslake: "Reforms such as this would make Tasmania’s state tax system fairer."

Death taxes, stamp duty cuts head reform blueprint

Inheritance taxes would be introduced for deceased estates worth more than $1 million, property stamp duty abolished and payroll tax simplified under reform options proposed by economist Saul Eslake for the Tasmanian government.

  • John Kehoe

Original URL: https://www.afr.com/person/saul-richard-eslake-5bi