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Productivity growth is ‘going from bad to worse’: PC
Financial Standard
|June 29, 2026
The latest quarterly productivity review released by the Productivity Commission (PC) found growth in hours worked remains strong (0.9% increase over the quarter, 2.2% increase over the year).
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“The accounting is straightforward: the value of goods and services we produce is increasing, but not by as much as hours worked. In aggregate, we are working harder and longer, but we are not working smarter,” PC deputy chair Alex Robson said.
This story is from the June 29, 2026 edition of Financial Standard.
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