Why does Australia have a productivity problem? - podcast

Key points

• Australia's productivity growth has been sluggish for years, and improving it is crucial for raising living standards. Reserve Bank governor Michele Bullock recently described productivity as doing nothing, after the bank lifted interest rates to a 15-year high.
• In a podcast, Productivity Commission chair Danielle Wood speaks with political editor Tom McIlroy.
• The conversation covers policy challenges around encouraging AI integration, improving housing affordability and managing the impacts of the climate crisis.