Manage episode 278950697 series 2445782
We are honoured to have renowned economist Saul Eslake on the podcast to discuss all things Australian economy. Saul Eslake has worked in Australian financial markets for over 25 years, including several chief economist roles in Mcintosh, ANZ and Bank of America Merrill Lynch, and has worked in an advisory capacity with the federal government. Saul comes in with a wealth of knowledge and insight into the current state of affairs including how the various states have performed from one another, how net migration will change in the future and Australia’s need to shift from exporting raw materials to service based industries.
Here’s what we covered:
- What are some similarities between the economy post Spanish flu and Covid 19?
- What's most likely going to happen nationally and globally?
- Are we on the cusp of structural change?
- How are capital city housing prices going?
- How Sydney survived through Covid comparison to Melbourne?
- Why have fixed rates historically been higher than variable rates?
- How is the RBA trying to reduce the AUD?
- What is the state of the current banking system
- How will the US election impact the Australian economy?
- What ways can Australia grow its economy beyond the exporting of raw materials?
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EPISODE TRANSCRIPT:Please note that this has been transcribed by half-human-half-robot, so brace yourself for typos and the odd bit of weirdness…This episode was recorded in November, 2020.