In Conversation with Productivity Commission Chair Danielle Wood
About this episode
The episode discusses the slowdown in productivity growth in Australia and globally, exploring its causes and potential solutions with Danielle Wood.
Productivity growth has slowed across Australia and much of the developed world, but what will it take to turn the trend around? CommBank Chief Economist Luke Yeaman sits down with Productivity Commission Chair Danielle Wood about the forces shaping productivity growth in Australia and globally. They discuss the causes of the productivity slowdown, the opportunities and challenges presented by artificial intelligence, and what Australia must do to improve business investment, innovation and technology adoption. They also explore the role of tax reform, regulation, housing, migration and public sector productivity in supporting long-term economic growth, as well as why lifting productivity remains critical to improving living standards in the years ahead. Plus, CommBank Economist & Currency Strategist Carol Kong shares the key focuses for markets in the week ahead. Important Information This podcast is approved and distributed by Global Economic & Markets Research (“GEMR”), a business division of the Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945 (“the Bank”). Before listening to this podcast, you are advised to read the full GEMR…
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