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Finance & Markets

Australia’s productivity performance: “bad to worse”

Australia’s productivity growth over the past decade has been among the poorest in the OECD, hampering economic and per capita growth and contributing to the nation’s inflationary pressures. Australia’s original “productivity tsar”, Professor Gary Banks, was the long-serving founding chair of the Productivity Commission (1998-2013). Back then, you could trust the PC to deliver sound The post…

We haven't written up this one. MacroBusiness has the full story — the link below goes straight to it.

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Australian Market Sharply Lower

(RTTNews) - Australian shares are trading sharply lower on Wednesday, extending the losses in the previous two sessions, with the benchmark S&P/ASX 200 falling to near the 8,950 level, following the…

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