Declining Productivity Costs Australians $11,000 Annually
UNSW economist Professor Richard Holden stated that declining productivity in Australia is costing every citizen approximately $11,000 per year. Holden released a paper today urging changes to address the issue.
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Sources · 7 independent
ABC Radio Sydney
“UNSW economist Professor Richard Holden says younger people are generally more disadvantaged by Australia's ebbing productivity. Well, it's costing every Australian about $11,000 a year relative to what it could be.”
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