Linking population growth with productivity and labour participation is problematic, just one of many questionable assumptions made in the Intergenerational Report.
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Articles on Productivity
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Without workplace reform, Australia is at risk of a US-style migrant worker problem.
If we accept that the rich should subsidise the poor, then Gen Y should be subsidising the baby boomers.
Labour’s Chuka Umunna said Britain is lagging behind in terms of productivity. We got two academics to look at the facts.
You know Australia’s in trouble when the Reserve Bank cuts interest rates. Last week, the central bank did precisely that, in belated recognition of the income recession that has struck. Gross domestic…
Much of the current political turmoil in Australia can be traced to Bill Clinton’s famous aphorism: “it’s the economy stupid” – in particular, the plunge in world commodity prices over the past few years…
Two things stand out about the economic recovery in Britain. One is the sluggish growth in real wages. The other is the sluggish growth in productivity. That the two phenomena have coincided is no accident…
There are things to like in the Autumn Statement. The reforms to end the “cliffs” in stamp duty and make it a more graduated tax are welcome, but even better would have been to replace stamp duty entirely…
China’s economy grew by 7.3% during the third quarter of 2014, meeting market expectations. Polling by Reuters and the Wall Street Journal put the consensus forecast at 7.2-7.3%, the slowest pace in more…
With major employers heading offshore and employment numbers decimated, what will emerge from the ashes of Australia’s manufacturing industry? And what role should manufacturing play in the federal government’s…
Mental health disorders are the greatest contributor to the burden of disability and the third largest contributor to the burden of disease after all cancers and all cardio-vascular diseases. But unlike…
Rest “is for wimps” – or so many would have us believe. In a world where “time is money” and there “aren’t enough hours in the day”, hard-working people are sleeping less and working more. This in itself…
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…
What are the risks in the economic outlook for Australia? Typically, prognosticators take a scenario-based (aka “story-telling”) approach to answering this sort of question. And usually these scenarios…
Most companies that live and breathe the online revolution are not tech startups, but smart smaller firms that use online tools to run their core business better: to cut costs, reach customers and suppliers…
It is often argued that Australia’s construction sector productivity is lower than most other developed countries, such as the US. While there are many factors involved, Australia’s overall productivity…
The latest report on Australia’s productivity performance wasn’t good news. The annual update by the Productivity Commission confirmed Australia continues to lag most other developed economies, and has…
This week the Productivity Commission released its second Productivity Update. The Productivity Report reviews Australia’s “productivity performance” over the last year. It disaggregates the statistics…
Fears for the so-called lost generation look more valid by the day. Britain’s chancellor might have the confidence to target full employment, but the problem of getting young people into work is a genuine…
When Australia hosts the G20 Leaders’ Summit in November, a top agenda item for its “Brisbane Action Plan” will be “practical actions to improve productivity and competitiveness”. So here’s a good place…
Top contributors
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Professor, Department of Economics, The University of Melbourne
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Laurie Carmichael Distinguished Research Fellow at the Centre for Future Work, and Professor Emeritus, Griffith Business School, Griffith University
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Emeritus Professor & UTS innovation adviser, University of Technology Sydney
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Professor of Management, Faculty of Business and Economics, The University of Melbourne
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Professsor of Applied Economics, Massachusetts Institute of Technology (MIT)
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Professorial Fellow, University of Canberra
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Vice-Chancellor’s Fellow, University of Tasmania
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Productivity Growth Program Director, Grattan Institute
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Visiting Fellow, Crawford School of Public Policy, Australian National University
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MBA Director & Assistant Professor of Organisational Behaviour, Bond Business School, Bond University
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Professor, Strategy, Operations and Supply Chain Management, University of Technology Sydney
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Professor, School of Economics, The University of Queensland
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Distinguished Visiting Professor of Economics, University of Johannesburg
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Academic Director, Murdoch University
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Professor, Monash University
