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The Latest Breaking News from Productivity Commission

Major blowout in waiting times for aged care support

Figures from Australia's Productivity Commission show older people are waiting longer to get access to aged care support services - but it's not all bad news.

AAP

A new company tax mix has been proposed. We need to be careful how we assess it

Australia has a problem. Across the economy, business investment has been sluggish for the past decade, leaving policymakers reaching for solutions.

The Conversation

Proposal to allow use of Australian copyrighted material to train AI abandoned after backlash

Productivity Commission recommends waiting three years to establish review into technology after furious response from creative industries

The Guardian - AU

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Bold company tax proposal still friendless after revamp

An alternative corporate tax proposal could have greater economic benefits if a requirement to be budget-neutral was removed, the Productivity Commission says.

AAP

Australia’s gambling harm is likely underreported – and authorities are still failing to act

Monday night’s ABC Four Corners’ investigation highlighted major issues with the regulation of online gambling in Australia.

The Conversation

Keep electric car tax cut, remove pollution instead

A tax exemption for electric vehicles could put another 1.5 million on Australian roads if it is extended to 2035, modelling shows, and cut carbon emissions.

AAP

Morning Mail: European leaders to support Zelenskyy in DC, productivity boss warns of worse-off youth, Terence Stamp dies

Volodymyr Zelenskyy will be backed by a support crew at White House meeting, including Keir Starmer and Emmanuel Macron

The Guardian - AU

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'It's crunch time': productivity puzzle must be solved

Australia must cut unnecessary red tape and boost business investment if young people are to be better off than their parents, the productivity chief says.

AAP

Watering down Australia’s AI copyright laws would sacrifice writers’ livelihoods to ‘brogrammers’

Our Productivity Commission is considering to include an exemption for text and data mining into our Copyright Act. This extractive industry may well put us out of business

The Guardian - AU

Australia’s potential surrender of creative content to tech giants for free is shocking. Labor must decide where it stands

The Productivity Commission appears to have bought into tech companies’ brazen arguments – and caught the Australian government off-guard

The Guardian - AU

The digital economy could turbocharge our productivity, but we need to get the settings right

Data and new digital technologies such as artificial intelligence present an opportunity to get Australia back on the path to productivity growth.

The Conversation

Should big tech be allowed to mine Australians’ text and data to train AI? The Productivity Commission is considering it

Interim report on digital economy also mulls changes to privacy rules and copyright collections to help harness AI’s benefits

The Guardian - AU

The Productivity Commission has proposed a ‘cashflow tax’ for business. What does that mean?

The fact businesses cannot deduct financing costs means companies like coalminer Adani would not be able to avoid paying virtually any tax

The Guardian - AU

Productivity Commission proposes biggest company tax rate cut in 40 years

A 20% cut for small and medium businesses put forward as part of commission’s report on how to create more dynamic and resilient economy

The Guardian - AU

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The Guardian - AU

Queensland Productivity Commission argues construction industry ‘reset’ needed to fix housing crisis and deliver Olympics

Commission’s interim report calls on LNP government to remove so-called ‘Best Practice Industry Conditions’ from procurement policy

AAP

Workers could be $14,000 ahead under a growth mindset

Australia's productivity tsar says Australian workers would be $14,000 better off each year in the long run if the nation treads the right path on reform.

AAP

Big bank's tax vision bucks business lobby, coalition

Australia's largest company has broken ranks with big business to call for wealth taxes and limits to superannuation tax concessions to help drive productivity.

The Guardian - AU

Abuse allegations have prompted distress and outrage - but will Australia’s childcare system be fixed?

With an urgent review and new measures to protect children announced, experts argue some form of national oversight is essential

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The Conversation

How to reform the NDIS and better support disabled people who don’t qualify for it

Australia is spending more than ever on disability services – and yet many people with disability still aren’t receiving the support they need.

The Guardian - AU

Childcare is just the latest failure of Australia’s privatisation push. It’s time for an ideology overhaul

Even the Productivity Commission is backing away from the for-profit model. We need to ensure that our human services serve humans

AAP

Blueprint to get nation moving, boost household budgets

Revamped competition rules would swell the nation's households by billions of dollars while helping to ease the cost of living, the federal government says.

AAP

Consumer confidence surges on back of interest rate cut

Australia's economic outlook is looking rosier as inflation continues to fall and following the first decline in interest rates in more than four years.

The Conversation

Australians generate mountains of waste, and we need more help to recycle and reuse it

Australians largely support transforming the economy to increase recycling, repurpose products and reduce waste, according to a new report from the Productivity Commission, but they are being impeded by inconsistent regulations.

AAP

Reasons for struggling productivity growth revealed

Inefficient use of resources and a lack of new ideas have contributed to Australia's declining productivity growth, the Productivity Commission says.

The Conversation

Here’s why increasing productivity in housing construction is such a tricky problem to solve

This week, the Productivity Commission released its much-awaited report into productivity growth in Australia’s housing construction sector. It wasn’t a glowing appraisal.

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