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Articles on Productivity

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A new study calls for additional support from government, employers and the medical profession for cancer survivors wanting to return to work. from shutterstock.com

Cancer costs Australia nearly $2 billion per year in lost labour

Australia loses nearly A$2 billion of GDP every year due to people with cancer leaving the workforce.
In Australia, wage growth is lagging productivity growth across most sectors of the economy. Lukas Coch/AAP

The benefits of job automation are not likely to be shared equally

The productivity gains businesses get some automating some jobs, aren’t being passed on to workers in higher wages, evidence shows.
Is the rapid increase in research actually paying off? Shutterstock

No, we aren’t running out of new ideas

Academics argue that increasing amounts of R&D isn’t translating into greater productivity. But the problem may lay elsewhere in the economy.
Healthcare is becoming increasingly important in a services-led economy. Shutterstock

Why reforming health care is integral for our economy

Australia is increasingly a services-led economy. The health sector is not only a big employer, but health care is an important factor in worker productivity.
If people want commodities like: love, company, doing tasks together, they are better off if marriage is permitted. David Crosling/AAP

What economics has to say about same-sex marriage

It’s better for the economy for more people to be married because of productivity and efficiency gains. This whole framework doesn’t require people to be of the same or different sex.

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