Opinion
There is some cause for cautious optimism for increased productivity in the healthcare sector if outcomes can be more accurately measured and assessed.
Over the year to March, one thing has stayed almost exactly the same in Australia: our level of national productivity.
Improvements in output per hour worked are necessary for real wage growth and are a key driver of improvements in living standards, so this lack of growth is concerning.
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Original URL: https://www.afr.com/policy/economy/the-public-sector-is-the-key-to-australia-s-productivity-puzzle-20240630-p5jpxt
