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The Guardian - AU
The Guardian - AU
Business
Peter Hannam Economics correspondent

Australia’s productivity plunge: why is the Reserve Bank concerned and should we panic?

Philip Lowe Reserve Bank Australia RBA ABS Inflation John Hawkins Covid-19 Guardian Australia
Office workers and shoppers walk through Sydney's central business district in Australia
RBA governor Philip Lowe says fatter pay packets without productivity gains will make the path to lower interest rates longer. Photograph: Jason Reed/Reuters

The productivity of Australian workers appears to have fallen off a cliff, baffling pundits and making the Reserve Bank of Australia suddenly more alert to wage rises stoking inflation.

Guardian Australia looks at the key issues around productivity.

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