{
  "id": 926459,
  "title": "Australian living standards cannot grow without productivity growth",
  "url": "https://urgent.news/2026/08/13/australian-living-standards-cannot-grow-without-productivity-growth",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-13T14:01:33.000Z",
  "source": {
    "name": "MacroBusiness",
    "slug": "macrobusiness",
    "url": "https://www.macrobusiness.com.au/2026/08/australian-living-standards-cannot-grow-without-productivity-growth/"
  },
  "original_language": "en",
  "account": null,
  "summary": "Without an increase in output (GDP) per hour worked (i.e., labour productivity), Australia’s economy cannot grow at a robust pace without causing inflation. Australian living standards also stagnate. I outlined why in my recent expert testimony to the Senate Committee on Productivity. You can read my opening statement here and watch my testimony here. Australia’s The post Australian living…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}