Labor’s productivity failure drives Reserve Bank rate hikes
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In mid-August 2025, the Albanese government gathered together economists, business leaders and policymakers for its ‘Economic Reform Roundtable’.
The focus of the gathering was jump-starting the nation’s dismal productivity growth, thereby improving the nation’s economic growth prospects.
To put the state of productivity at the time into perspective, between December 2019 and the labour productivity snapshot for that quarter in September 2025, productivity had cumulatively grown by 0.40%.
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About the author

Tarric is an Australian freelance journalist and independent analyst who covers economics, finance, and geopolitics. Tarric is the author of the Avid Commentator Report. His works have appeared in The Washington DC Examiner, The Spectator, The Sydney Morning Herald, News.com.au, among other places.
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