Businesses are less dynamic. But that’s not the only reason for Australia’s low productivity Since 2005, Australia's annual labour productivity growth has been the best part of one percentage point below its long-term average.
An expert behind the Productivity Commission’s 5-year review shares his recommendations for the Australian economy Over the 60 years to 2019-20, labour productivity (production per hour worked) grew at an average of 1.8% per year, which sounds small but compounds each year.
By asking the wrong question, our corporate cops let Facebook fortify its monopoly Australia and the United States have been waving through takeovers because the targets are small — something that’s usually good practice.
