Anthony Albanese will convene experts, unions and business leaders in Canberra later this year to brainstorm ideas for economic growth, as his government seeks a reform agenda to capitalise on its new-found parliamentary dominance.
The prime minister used a National Press Club address on Tuesday to announce an August round table on the themes of growth and productivity with the express purpose of preparing the ground for "further economic reform", led by Treasurer Jim Chalmers.
abc link .
Productivity has been flat for more than 10 years since Abbott flattened economic development with his desired ideology.
Chalmers said in the election campaign that he would be focussing on Productivity. so now Albanese has followed this up with an expert panel to develop, maybe, a consensus approach between unions and business.
well it worked fine in the '80s under Hawke's reforms. but times and tech as well as business models and practices have changed enormously since the 80s. now businesses work from home as well as from warehouses and shopfronts. so much so that Hawke's plans would no longer be applicable.
so what is needed to boost productivity? is it mainly down to businesses to delete employees in preference for robotics? are robotic technologies now affordable for most businesses, including small or startups?
what about capital and business loans to assist startups? ABS data show 2.8% increase in businesses following the inflationary cycle dumping of retail and agriculture as all other sectors grew..... ABS LINK.
what changes need be made to our economy to assist increased productivity?
