Australian Economy

Australia’s shallowing economy drives collapse in living standards

Leith van Onselen
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Poor productivity growth is the single biggest pressure point facing the Australian economy.

Australia has ranked among the poorest in the OECD over the past decade on labour productivity growth.

GDP per hour worked

Chart by Justin Fabo at Antipodean Macro

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.
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