Mar 13, 2008
Shock Drop In Productivity Growth
A twelve month productivity growth of 0.5% is pathetic. Our average 1.1% gwoth in productivity since 2000 is also pathetic. The fact that we only got half way to this average should be a major concern, and be seen a major failure of Government policy. It is not as if this wasn't a priority. It is almost the Government's #1 priority (after hanging on to power).