Business Tax Overhaul on Wishlist of Productivity Tsar

Business tax overhaul on wishlist of productivity tsar

Overhauling Australia's corporate tax system and boosting the nation's economy by $14 billion are among proposals being put...

Australia Eyes Tax Cuts, Deregulation to Spark Productivity Boom

Australia’s productivity growth has stagnated over the past decade, growing at less than a quarter of its 60-year average. This stagnation is a critical issue, as productivity growth is a key driver of improvements in living standards. To address this, the Australian government has tasked the Productivity Commission with conducting five inquiries to identify priority reforms. Source

Australia confronts decade-long productivity slump

Canberra’s reform initiative tackles Australia’s decade-long productivity stagnation to boost growth and improve living standards. After years of stagnation, Canberra is finally addressing Australia’s productivity crisis, launching a national reform push to reignite growth. Productivity growth has flatlined for a decade, dragging down real wages and living standards across the country. #Productivity #AustralianEconomy #WageGrowth #CostOfLiving …