This post was originally published on Michael West.
‘Productivity problem’ putting living standards at risk
Australia has a productivity problem and workers are on track to work longer for less pay if nothing changes, the treasurer says. Previewing the five-yearly productivity inquiry ahead of its formal release, Treasurer Jim Chalmers will say productivity growth has reached its slowest point in 60 years, averaging just 1.1 per cent a year. “Australia has […]