The Productivity Paradox in Australia's Future The release of Treasury's seventh intergenerational report has sparked debate about the future of Australia's economy, particularly regarding projected productivity growth.
According to the report, Australia's productivity is expected to remain at or near its 30 year average of 1. 2 percent, a figure some economists consider overly optimistic.
Productivity growth determines whether Australians grow richer over time and their businesses succeed as the relative cost of producing goods and services declines.