All Posts in Category: blog
“The productivity discussion is one that we as a nation badly need. Anything we can do to raise the awareness generally is to be welcomed. It seems to me that continuous productivity improvements in the economy at large have taken a back seat over the last 10 -15 years largely because of the resources boom, what that did for our terms of trade, in some ways making things too easy. Driving productivity is not always easy particularly on a long term basis. Now that this once in a lifetime boom has not only ended but reversed the income trend, it’s not too late to get back to basics, in fact it is essential, if we are to maintain our standards of living. Whilst I understand the aspiration to embrace productivity and see that potentially as a long term competitive advantage, I’m not sure that we’re anywhere near first base in the process i.e. closing the gap. The awareness, understanding and consequences of following or not following this path does not seem to me to be widely understood in the community at large.