Why Australia’s productivity stinks

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The Productivity Commission (PC) has released its Productivity Insights 2020 report, which shows that Australia’s productivity performance is poor:

Accordingly, growth in per capita GDP has bombed:

According to the PC:

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.