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Can Jim Chalmers fix Australia’s most urgent challenge?

Can Jim Chalmers fix Australia’s most urgent challenge?

The treasurer says getting productivity growing will be the signature challenge of Labor’s second term. Doing so will require a tangle of reforms that demand persistence and political will.

Treasurer Jim Chalmers has hosed down any suggestions of a quick fix to Australia’s productivity problem. Bethany Rae

A customer at Bunnings wants to know if a pressure washer comes with a five-year warranty.

Instead of walking off to check a computer or rummaging through the packaging, a team member hears the answer through their headset that’s delivered in seconds by a new artificial intelligence system called Ask Lionel.

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Michael Read
Michael ReadEconomics correspondentMichael Read is the Financial Review's economics correspondent, reporting from the federal press gallery at Parliament House. He was previously an economist at the Reserve Bank of Australia and at UBS. Connect with Michael on Twitter. Email Michael at michael.read@afr.com

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Original URL: https://www.afr.com/policy/economy/can-jim-chalmers-fix-labor-s-most-urgent-challenge-20250507-p5lx9u