Have The Productivity Nuts and Bolts Bolted?

The elephant in the room of the upcoming dialogue on productivity is that it is mainly performative, despite the weak 0.7% estimate from the RBA as part of yesterday’s rate announcement, and the gap highlighted by recent Treasury data. The latest data on wages and lending also shines a spotlight on the issues we are … Continue reading "Have The Productivity Nuts and Bolts Bolted?"