When economists model climate impacts, they look to what past weather shocks have done to the economy. But this does not remotely capture what climate change could do.
Policies that foster diversity, equity and inclusion have been shown to have many positive operational impacts − including leading to more worker engagement.
Put bluntly, Australian businesses as a whole appear to have become slow to adopt world best practice. But if we want to lift productivity, we need to act on a wider suite of solutions.
If you drop advanced AI into a dumb organisation, it won’t make it smart. It will just help the organisation do dumb stuff more efficiently (in other words, quicker).
Dan Andrews, Crawford School of Public Policy, Australian National University
Our concerning finding is “non-compete clauses” are even more widespread in Australia than in the United States. And it’s not only among CEOs: even childcarers and yoga instructors are affected.
Adjusted for inflation, Australians are being paid less than they were in 2020. These 4 charts show what’s changed in how we work – and the growing gap between your pay and what you can afford to buy.
Unless we boost productivity, wages growth could sink back to 2-3%. The Productivity Commission has some good solutions – and we’d argue redesigning the Stage 3 tax cuts should be on the list too.
Canada needs to improve the way we work. Improving our productivity ranking will take years, but by taking steps in education, in the private sector and in government, we can achieve national wealth.
Has your computer just crashed and you are waiting for it to reboot? If so, do not despair. In fact, recent research shows surprise interruptions might even boost your creativity.
Edwina Preston reflects on the lost art of hanging out – which feeds creativity – and the need to reclaim time from the pressures of productivity. She draws on new books by Jenny Odell and Sheila Liming.
Mental health plays a significant role in productivity but is often overlooked. To maintain its promising economic growth, Indonesia must put its people’s well-being into the calculation.
It was easier to boost productivity when the economy was built around mining and agriculture. Doing it in a service-based economy will require more education, flexibility and an embrace of technology.