Productivity Commission (PC) chairman, Peter Harris, has lashed the Coalition’s economic plan, claiming that it risks locking Australia into a low productivity, low wage growth future:
Peter Harris, who chaired the Productivity Commission between 2012 and 2019, said productivity had collapsed and wages had stagnated but “the political leadership tool of choice today is simply to emphasise the positive”.
“With no policy catalyst coming out of Canberra to address the constraint that low productivity growth places on wages, our future growth looks set to enter a realm best described as chronically slow,” he said…
