Australia ramped immigration and productivity collapsed

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Greg Jericho from The Guardian and The Australia Institute penned an article lamenting the collapse in Australia’s productivity performance this century.

“Whenever discussing any policy, we always should step back and ask what we are trying to do, and whether what we have been doing has worked”.

“Take, for example, industrial relations. Have IR policies over the past 25 years improved productivity? After all, we hear it said all the time that this is the aim”.

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.