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Michelle Grattan, Professorial Fellow, University of Canberra

Grattan on Friday: economic life won’t get much better until Australians climb that productivity mountain

Treasurer Jim Chalmers would have sighed with relief at this week’s economic growth figures. Despite some preview talk of possible stagnation, we saw modest growth of 2.1% in the year to the end of June.

But every economic number these days seems to bring a negative. Economists immediately strengthened their predictions of another interest rate rise.

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