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Latest news: Productivity

Lack of AI playbook puts Australia down readiness ranks

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

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

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

'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.

PM puts lid on GST hikes, pledges boost for business

PM puts lid on GST hikes, pledges boost for business

PM puts lid on GST hikes, pledges boost for business

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.

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

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

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

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

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.

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How red tape removal became a progressive rallying cry

How red tape removal became a progressive rallying cry

How red tape removal became a progressive rallying cry

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

National accounts to reveal Australia's economic pulse

National accounts to reveal Australia's economic pulse

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.

Renewables, AI rules top productivity reform wishlist

Renewables, AI rules top productivity reform wishlist

Renewables, AI rules top productivity reform wishlist

Renewables, AI rules top productivity reform wishlist

Fifteen areas have been identified for reform by the Productivity Commission, including artificial intelligence, tax reform and cheaper renewable energy.

Dire stat demands 'urgent reform' from election winner

Dire stat demands 'urgent reform' from election winner

Dire stat demands 'urgent reform' from election winner

Dire stat demands 'urgent reform' from election winner

Whoever forms government after the election will need to deliver substantive reform to fix Australia's long-term productivity challenge, economists say.

Blueprint to get nation moving, boost household budgets

Blueprint to get nation moving, boost household budgets

Blueprint to get nation moving, boost household budgets

Blueprint to get nation moving, boost household budgets

Revamped competition rules would swell the nation's households by billions of dollars while helping to ease the cost of living, the federal government says.

Reasons for struggling productivity growth revealed

Reasons for struggling productivity growth revealed

Reasons for struggling productivity growth revealed

Reasons for struggling productivity growth revealed

Inefficient use of resources and a lack of new ideas have contributed to Australia's declining productivity growth, the Productivity Commission says.

Australia must build out of crisis amid shocking data

Australia must build out of crisis amid shocking data

Australia must build out of crisis amid shocking data

Australia must build out of crisis amid shocking data

Red tape must be ripped down to boost productivity in a bid to fix the nation's housing crisis, with shocking new data showing the slowing rate of construction.

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Treasurer courts business with productivity promises

Helping businesses leverage clean energy and AI will transform Australia to its "fourth economy" and improve productivity growth, Treasurer Jim Chalmers says.

States warned to tighten spending or pay more to borrow

States' "lax financial discipline" has earned a rebuke from a credit ratings giant, which says they are at risk of paying higher interest bills to service debt.

Musk-like efficiency role 'strange' call for Australia

Australia must cut red tape and reform its tax system to boost productivity and safeguard against a looming trade war, the Business Council says.

'Shemozzle': Olympics plan could lead to venue delays

The venues for the 2032 Olympics venues may not be delivered on time, a construction leader has warned as he took aim at uncertainty surrounding Games planning.

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Apple launches its big AI push but is it too late?

Features launching on Apple devices will write a story, draw an image and summarise articles but the AI push helped by ChatGPT arrives after those of rivals.

Australia poised to work smarter not harder in AI era

Healthcare, agriculture and finance are tipped as the biggest winners in the era of artificial intelligence as Australia chases long-elusive productivity gains.

Albanese sees sun breaking through dark economic clouds

The prime minister strikes an optimistic tone in a speech to the business crowd, saying the worst economic storms are over and the future may be much brighter.

Deepfake images harming Aussie kids and businesses

Australia is being warned to bring in urgent laws and education to tackle AI-generated deepfake images that put companies and children at risk.

Want to quit work an hour earlier? Deploy a robot or AI

Research shows more Australian workers are willing to ask for help from AI and robots at work, and experts say the trend could elevate human jobs.

AI curiosity soars, but not everyone's comfortable

More Australians are turning to artificial intelligence technology to learn new skills, a Google report shows, but others want to identify when it's being used.

Can Australia be more than backup for big tech?

A tech giant has its eyes on Aussie talent and warns governments against thwarting emerging players who may already be coding the future.

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