I helped write the Productivity Commission's 5-year productivity review: here's what I think Australia should do
- Written by Stephen King, Professor, Monash University
ShutterstockAustralia is a living testament to the benefits of productivity growth.
An average worker today puts in 14 fewer hours per week and takes home a real wage six times that of the average worker in 1901 – all because we are producing more per hour worked.
And yet in the past decade that rate of improvement has slowed.
Over the 60...