Treasurer Jim Chalmers has warned that fixing Australia’s flatlining productivity will require a third term of government, as he ruled out accepting every proposal that will arise from a crisis review into the problem that he commissioned before the election.
Chalmers promised in the aftermath of Labor’s landslide election victory that the priority of his second term as treasurer would be lifting productivity. However in an interview with AFR Weekend, he said the task would not be completed before the next election.
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Phillip Coorey is the political editor based in Canberra. He is a two-time winner of the Paul Lyneham award for press gallery excellence. Connect with Phillip on Facebook and Twitter. Email Phillip at pcoorey@afr.com
Michael 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
