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Australia's Productivity Problem: What Came Out of the Three-Day Summit in Canberra?

The government reviews decades of falling productivity despite tax cuts and privatisation, highlighting concerns over policy-driven intergenerational inequality affecting younger Australians.

Summary by SBS News
The productivity of Australia's economy is seen as a driver of economic growth, higher real incomes, and improved living standards. A three-day summit in Canberra - convened by the federal government - brought together politicians, business leaders, unions, civil society, and other experts to tackle the issue of productivity - along with budget sustainability and tax reform.

Bias Distribution

  • 67% of the sources lean Left
67% Left

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SBS News broke the news in Sydney, Australia on Friday, August 22, 2025.
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