The Coalition sharpens its attack against Labor’s plane asylum claims, while the farmers’ lobby sets out a drought strategy. All the day’s events, live
I usually hold what I call a “thinking pen”. The new Treasury Secretary Dr Steven Kennedy has a “thinking clip” while the Finance Minister @MathiasCormann has a pen. #estimates @AmyRemeikis @murpharoo @mpbowers pic.twitter.com/GUcoKHDDgO
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Andrew Leigh spoke on Australia’s falling productivity during a matter of public importance debate yesterday:
Productivity is the engine of the economy and it has basically stalled under this government according to its own Productivity Commission.
After a generation in which labour productivity had run at about two per cent, it’s fallen most recently to 0.2 per cent, just one tenth of its previous level. The Productivity Commission calls the results ‘troubling’ and ‘mediocre’.