TheBitCast

The productivity problem driving up interest rates

Podcast: 7am · Solstice Media

Opublikowano: 2026-10-14

For generations, Australians could reasonably expect that their lives would be more prosperous than their parents. But over recent years, that bargain has started to break down. Productivity growth has barely moved for a decade. We’re working more hours, without producing much more for each hour we work, and that stagnation is showing up in incomes, living standards and rising interest rates. Now with economic growth under pressure, the government is betting that new technology, particularly artificial intelligence, can help turn things around. Today, Productivity Commission Chair Danielle Wood, on why A...