Tag Archives: productivity

New businesses need to hang tough for first year – big gains come in second year

New businesses experience their biggest productivity gains in their second year (see the chart below), after the hard work and investment of the first year have been realised, according to new research published by the ABS (see Firm Dynamics and … Continue reading

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Speech to University of the Third Age Redlands on the Australian Economy

This morning I addressed the University of the Third Age Redlands at the Donald Simpson Centre, Cleveland on the topic of The Australian Economy: Where we’ve come from, where we’re going. My prepared remarks are reproduced below. I varied the … Continue reading

Posted in Industry policy, IR, Labour market, Macroeconomy, Migration, Mining, Population, Tax, Uncategorized | Tagged , , , , , , , , | 1 Comment

IR reform should have same priority as tax reform

Jessica Irvine has a great piece in the News Limited media today on how Tony Abbott must act now to reverse Australia’s economic demise. I agree with her that reforming the tax system is extremely important, but I’m surprised she … Continue reading

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Despite cost disease, Government can boost public sector productivity

There are several fundamental differences between the public and private sectors, one of which was noted in Sir Peter Gershon’s review of Commonwealth Government ICT use in 2008. On Commonwealth agencies, and I assume the same would apply to State … Continue reading

Posted in Budget, Queensland Government | Tagged , , , , , , , , , | 2 Comments

Big box stores like Costco essential if we’re to close retail productivity gap with US

I was pleased to see the Deputy Premier used his special powers to approve the big box Costco store at North Lakes in Brisbane, avoiding a potential legal dispute that could delay the development (see the AAP report Costco is … Continue reading

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