Economy at risk of low productivity: Andrew Leigh

ACT Labor MP Andrew Leigh claims falling rates of productivity and a lack of competition is stagnating growth. Picture: James Croucher

Low productivity and a lack of competition could cost the economy future growth prospects.

In a speech delivered at the Australian National University's Gruen Lecture, ACT Labor MP Andrew Leigh claims falling rates of productivity and a lack of competition is stagnating growth and could make the nation's economy a laggard compared to the rest of the world.