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Latest news: Productivity

Productivity to dominate agenda as symposium begins

Productivity to dominate agenda as symposium begins

After weeks of build up, arguably the biggest event of Australia's economic calendar is set to begin as the government seeks answers to withered productivity.

Charge ahead: road taxes may be closer than they appear

Charge ahead: road taxes may be closer than they appear

Charge ahead: road taxes may be closer than they appear

Charge ahead: road taxes may be closer than they appear

A road user charge targeting electric vehicle drivers is gaining widespread approval but how it will work and when it will arrive remains up for debate.

Responsibility, not legacy driving Chalmers to reform

Responsibility, not legacy driving Chalmers to reform

Responsibility, not legacy driving Chalmers to reform

Responsibility, not legacy driving Chalmers to reform

Jim Chalmers' economic roundtable will likely present some low-hanging fruit around regulation but hefty tax reform will be more challenging for him to grasp.

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AI training pilot to upskill more than 30,000 teachers

AI training pilot to upskill more than 30,000 teachers

Microsoft and the Future Skills Organisation plan to train educators in artificial intelligence to address Australia's technology skills gap.

Unions push back on productivity plan for schools, jobs

Unions push back on productivity plan for schools, jobs

Fresh fault lines have formed in the lead up to the government's reform roundtable as unions reject productivity proposals welcomed by businesses.

'Better lives' urged as goal from productivity push

'Better lives' urged as goal from productivity push

Bold tax reform, faster clean energy consents and rethinking care sector productivity should be the focus of the treasurer's economic summit, a think tank says.

Rethink on rules for everyday items could spur economy

Rethink on rules for everyday items could spur economy

Australia could ease business burdens and save consumers billions every year by ensuring requirements for everyday products align with international standards.

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Australia shouldn't try to reinvent the AI wheel

Australia shouldn't try to reinvent the AI wheel

Australia shouldn't try to reinvent the AI wheel

Australia shouldn't try to reinvent the AI wheel

Australian companies should boost productivity by using existing artificial intelligence tools rather than trying to create sovereign models, a US expert says.

Australia to take 'sensible, middle path' on AI control

Australia to take 'sensible, middle path' on AI control

Australia to take 'sensible, middle path' on AI control

Australia to take 'sensible, middle path' on AI control

Artificial intelligence has emerged as a potential answer to Australia's dwindling productivity but concerns have been raised over its impact on workers.

Climate ratings could spare buyers from risky homes

Climate ratings could spare buyers from risky homes

Climate ratings could spare buyers from risky homes

Climate ratings could spare buyers from risky homes

Star ratings for resilience and winding back electric car incentives have been flagged by the Productivity Commission in its pursuit of climate cost savings.

'Not right': Australia urged to wind back tax breaks

'Not right': Australia urged to wind back tax breaks

'Not right': Australia urged to wind back tax breaks

'Not right': Australia urged to wind back tax breaks

Reforms to Australia's tax system have been politically risky, but without urgent action, home ownership could be out of reach for the nation's workers.

Business lobby rejects proposed company tax overhaul

Business lobby rejects proposed company tax overhaul

Business lobby rejects proposed company tax overhaul

Business lobby rejects proposed company tax overhaul

The corporate sector is rallying against calls for a new cashflow tax for businesses, while small companies would have their rate cut under the reforms.

Slow start fears in race to build 2032 Olympic venues

Slow start fears in race to build 2032 Olympic venues

Slow start fears in race to build 2032 Olympic venues

Slow start fears in race to build 2032 Olympic venues

The clock is ticking for the 2032 Olympics with a report claiming Brisbane Games projects may not be delivered on time by an ailing construction industry.

Aussies missing out on payoff from research investment

Aussies missing out on payoff from research investment

Aussies missing out on payoff from research investment

Aussies missing out on payoff from research investment

Australian tech darlings Cochlear and Atlassian have lent their voices to a push to revamp research and development investment and reboot stagnant productivity.

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Creators trying to make 'wage slaves' care about tax

Content creators have mingled with economists at a tax roundtable at Parliament House hosted by teal MP Allegra Spender to get the message to a new audience.

Workers could be $14,000 ahead under a growth mindset

Australia's productivity tsar says Australian workers would be $14,000 better off each year in the long run if the nation treads the right path on reform.

Lack of AI playbook puts Australia down readiness ranks

Many Australian businesses are willing to spend on AI but lack a plan to implement the game-changing technology, pushing the nation down the readiness rankings.

'No-brainer': put women at centre of productivity push

New president of Chief Executive Women Helen Conway says women's workforce participation should be a major part of the federal government's productivity push.

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PM puts lid on GST hikes, pledges boost for business

Clearing red tape for businesses will be a key part of Prime Minister Anthony Albanese's productivity push, but raising the GST is unlikely to be on his agenda.

Major tax reform probably 'a bridge too far': CBA

The federal government will find wholesale tax reform hard to achieve at its roundtable but planning changes could be more manageable, says a leading economist.

Tech giant's tips for Australia to catch the AI wave

Industry darling OpenAI has released an economic blueprint for Australia to capitalise on AI as concerns are raised the tech could destroy entry-level jobs.

Australia slides down economic competitiveness rankings

Poor productivity is hobbling Australia's efforts to attract global talent, as the federal government details its plans to get the country building again.

Productivity pickle a top priority for upbeat treasurer

Falling interest rates and Australia's competitive advantages are reasons for optimism, says the treasurer as he sets his sights on improving productivity.

How red tape removal became a progressive rallying cry

Decades of creeping over-regulation are holding back the housing, infrastructure and research Australia needs, a federal Labor MP says.

National accounts to reveal Australia's economic pulse

Australia's economic growth rate for the first quarter will be revealed this week and investors will study minutes from the Reserve Bank's last board meeting.

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