Why isn’t new technology reflected in our productivity stats?
Since the 1990s productivity has been slowing in Australia and elsewhere. We aren't really sure why this is, but here are a couple of theories that could explain it.
In the 1950s, Ghana was twice as rich as South Korea. It has since fallen a long way behind.
Get up, stand up.
Lane V. Erickson via shutterstock.com
Here's what really needs to happen to make work healthier.
Heat is costing the Australian economy through productivity losses.
Heat stress image from www.shutterstrock.com
Heat cost Australia nearly A$7 billion in 2014, which is bad news given climate forecasts of hotter and more frequent heatwaves.
RBA Governor Glenn Stevens has cited an increase in labour productivity - but all isn’t as it appears.
Reserve Bank of Australia Governor Glenn Stevens has ticked off on a major item on the “to do” list for Australian policy-makers: raise the rate of growth in labour productivity. In his keynote speech…