Saul Eslake

In this intriguing discussion, economist Saul Eslake delves into Labor's home-buyer scheme and its implications for Australia's housing crisis. He critiques the scheme's effectiveness, arguing that it may inadvertently raise prices rather than enhance affordability. Eslake also explores the historical failures of similar policies and the political motivations behind rising housing prices. He questions whether the government's ambitious supply targets can genuinely address the crisis and emphasizes that meaningful solutions may require challenging price structures.

Saul Eslake, an independent economist known for his insights on housing issues, shares his expertise on recent housing policy announcements by Labor and the Coalition. He argues that these measures aimed at helping first-time home buyers might inadvertently drive house prices higher. Eslake critiques the historical failures of past housing policies and discusses the political motivations behind current proposals. He also emphasizes the urgent need for effective rental policies and increasing housing supply to truly address the crisis.

Saul Eslake, an independent economist, shares insights on Australia's inflation challenges. He discusses the recent drop in inflation rates and how it aligns with global trends. Saul delves into the Reserve Bank's balancing act between curbing inflation and supporting employment. He highlights the impact of supply and demand, particularly in the housing market, and the lingering effects of COVID policies on the economy. Additionally, he tackles the complexities of government subsidies and their role in shaping consumer confidence.