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Jim Chalmers on the Productivity Commission’s recommendations


The Albanian government does not want Australians to work harder for less money, despite a decline in the country’s productivity.

That is the message from Treasurer Jim Chalmers ahead of the Productivity Commission – an independent agency that provides research and advice to the government – publishing its 71 recommendations on Friday.

The report will confirm that Australia is experiencing its lowest productivity growth in 60 years, and while the government will commit to further action on skills, universities, information technology and migration, there is likely to be some conflict over industrial relations.

Dr. Chalmers said the economy eventually had to get stronger and the government was determined to take action.

“We are moving forward in a number of areas that the Productivity Committee will be talking about… That doesn’t mean we agree with (all) 71 recommendations put forward today,” he said.

“If we don’t strengthen our economy, if we don’t make it more productive, we don’t want Australians to have to work harder for less money.

“The main reason we want to make our economy stronger and more productive is that we can raise incomes and living standards.

“The best way to do that is by investing in people, investing in their capabilities and capabilities, but also by getting the energy markets right and making sure we adapt and apply technology in a way that works for us. works, not against us. ”

Speaking to Australia’s Economic Development Committee on Thursday, Dr Chalmers marked a reconsideration of the Productivity Committee.

During his speech, he said empowering the commission to “think differently about the data we have” would better help the work of the healthcare economy, which has averaged no productivity growth since 2000.

He repeated his intention on the radio on Friday.

“We have already started a review process through the Treasury,” he said.

“We have already consulted with a number of people who have an opinion on the future of the Productivity Commission.

“It’s been happening since I marked it.”

Joanna Swanson

Joanna Swanson is Europe correspondent at the Thomson Reuters Foundation based in Brussels covering politics, culture, business, climate change, society, economies and inclusive tech. With specific focus in breaking news, she has covered some of the world's most significant stories.