Saul Eslake

Labor has inherited an economy with a full head of steam, but one that is also is experiencing a sharp acceleration in inflation.

We now have almost 60 years of unequivocal evidence telling us that anything that allows Australians to pay more for housing than they otherwise would results, primarily, in higher house prices.

"Contrary to Strong’s unfounded assertion that I’m a stereotypical, ivory-tower-bound, ‘laissez-faire’ economist, I have actually run a small business myself for the past six-and-a-half years," writes Saul Eslake.