Another national accounts release, another lacklustre annual productivity statistic – but with a glimmer of hope.
Over the year to September, labour productivity growth fell by 2.1 per cent. While this is a slight improvement on the previous quarter, it represents a slide of about 0.9 per cent since just before the pandemic.
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Danielle Wood is the chairwoman of the Productivity Commission.
Alex Robson is deputy chairman of the Productivity Commission
