Abstract The initial boundary-value linear stability problem for small localised axisymmetric disturbances in a homogeneous elastic wave guide, with the free upper surface and the lower surface being rigidly attached to a half-space, is formally solved by applying the Laplace transform in time and the Hankel transforms of zero and first orders in space. An asymptotic evaluation of the solution, expressed as a sum of inverse Laplace-Hankel integrals, is carried out by using the approach of the mathematical formalism of absolute and convective instabilities. It is shown that the dispersion-relation function of the problem D 0 ( κ , ω ), where the Hankel parameter κ is substituted by a wave number (and the Fourier parameter) κ, coincides with the dispersion-relation function D 0 ( k , ω ) for two-dimensional (2-D) disturbances in a homogeneous wave guide, where ω is the frequency (and the Laplace parameter) in both cases. An analysis for localised 2-D disturbances in a homogeneous wave guide is then applied. We obtain asymptotic expressions for wave packets, triggered by axisymmetric perturbations localised in space and finite in time, as well as for responses to axisymmetric sources localised in space, with the time dependence satisfying e − iω 0 t + O ( e − ϵt ) for t → ∞, where Im ω 0 = 0, ϵ > 0, and t denotes time, i.e. for signalling with frequency ω 0 . We demonstrate that, for certain combinations of physical parameters, axisymmetric wave packets with an algebraic temporal decay and axisymmetric signalling with an algebraic temporal growth, as √ t , i.e., axisymmetric temporal resonances, are present in a neutrally stable homogeneous wave guide. The set of physically relevant wave guides having axisymmetric resonances is shown to be fairly wide. Furthermore, since an axisymmetric part of any source is L 2 -orthogonal to its non-axisymmetric part, a 3-D signalling with a non-vanishing axisymmetric component at an axisymmetric resonant frequency will generally grow algebraically in time. These results support our hypothesis concerning a possible resonant triggering mechanism of certain earthquakes, see Brevdo, 1998 , J. Elasticity, 49, 201–237.