Business News

Don't blame workers for falling productivity – we're not the ones holding it back

Written by Peter Martin, Visiting Fellow, Crawford School of Public Policy, Australian National University

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Suddenly Australians are being told we need to produce more if we want our wages to merely keep up with inflation.

Reserve Bank Governor Philip Lowe has begun referring to “productivity” in each of the statements he makes after each Reserve Bank board meeting.

Whereas in the past he has only said we needed to boost...

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