Chief Economist for Bank of America-Merril Lynch Australia, Saul Eslake

Australia is one of the best managers of economic adversity in the world, and one of the worst managers of prosperity, to paraphrase Chief Economist for Bank of America – Merril Lynch Australia Saul Eslake.

Tasmanian business leaders were given the opportunity to hear Mr Eslake’s insights on the economic challenges facing our country and our state, during a Leaders Edge Luncheon on 23 April at the Hotel Grand Chancellor, presented by the Australian Institute of Company Directors (AICD).

Self-described “obsessive Tasmanian”, Mr Eslake gave a frank and factual recounting of, what he called the good luck and good management that has brought Australia to its current, relatively favourable economic position internationally.

During his talk, Mr Eslake was able to contextualise the place of economics in the lives of Tasmanians. He explained that while our economic challenges may not be the most pressing problems our country faces, any other difficulties – be they social or environmental – will be met more easily if our finances are in good order.

The AICD’s Leader’s Edge Luncheon series offers business people the opportunity to hear from speakers of national and international standing.

Future guest speakers include Director of the Australian War Memorial and former Liberal Party Leader Dr Brendan Nelson on 19 June, CEO of Carnival Australia Ann Sherry on 14 August, and Chairman of ANZ and Coca-Cola Amatil David Gonski on 4 December.

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