To fix productivity, we have to make it easier to do business
At this week's Economic Reform Roundtable, the test for every idea is a simple one: will it grow business investment or drive it away?
This week I will join the Treasurer’s Economic Reform Roundtable to canvass ideas on how to make the economy work better for all Australians. There is a huge amount at stake for everyone, particularly our younger generations.
Over time our quality of life has become more precarious, and younger Australians can no longer take for granted things like the opportunity to buy a home.
A key reason for this, and what we need to fix, is our productivity.
Growing productivity means working smarter, with better tools and processes, so we can spend more time on the things that matter to us. It means creating more to share around without more sweat.