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Inflation remains unfinished business in the Reserve Bank of Australia’s books. Sluggish productivity growth and conflicts in the Middle East
Suddenly Australians are being told we need to produce more if we want our wages to merely keep up with inflation. Reserve Bank governor Philip Lowe has begun referring to … Continued
The post Don’t blame workers for falling productivity – we’re not the ones holding it back appeared first on The New Daily.
Between March and December last year, Australian productivity – GDP per hours worked – actually declined 4.1 per cent. Taken from before the pandemic, it has been flat. Treasury has … Continued
The post Alan Kohler: Productivity has collapsed because workers have lost hope appeared first on The New Daily.
For most of us, it’s in our nature not to do much more than we need to do to be comfortable. Inertia is a powerful force. Which is why it … Continued
The post Michael Pascoe: The parable of the moussaka – challenges drive productivity appeared first on The New Daily.
