Why Australia is stuck in a low-productivity trap

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The single most pressing issue facing the Australian economy is poor productivity growth.

Australia has ranked among the poorest in the OECD over the past decade on labour productivity growth.

GDP per hour worked

Chart by Justin Fabo at Antipodean Macro

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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.
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