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The Latest Breaking News from Productivity Commission

ANZ's takeover of Suncorp will reduce bank competition – but will that be enough to block it?

Australia has one of the world’s most concentrated banking sectors, with its four biggest banks – Commonwealth Bank, National Australia Bank, Westpac and ANZ – holding more than about three-quarters of the market.

The Conversation

$Australia's Indigenous art industry is worth a quarter of a billion dollars, so why do artists only end up with a fraction of the profits?$

Australia's Indigenous art industry is worth a quarter of a billion dollars, so why do artists only end up with a fraction of the profits?

It's not easy to verify if your boomerang or painting came from an Indigenous artist or if it was made in Indonesia, and it's Aboriginal and Torres Strait Islander people who are suffering as a result.

ABC News

Majority of Aboriginal souvenirs sold are fakes with no connection to Indigenous people, report finds

Productivity Commissions calls for mandatory labelling of inauthentic products to warn consumers and protect income of Indigenous artists

The Guardian - AU

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Don't expect schools to do all the heavy lifting to close the education divide between the big cities and the rest of Australia

Students in regional, rural and remote Australia have been behind their urban counterparts on almost every recognised measure of successful schooling for decades. This is unacceptable and has to change.

The Conversation

Royal Commission into Defence and Veteran Suicide hears government did nothing about claims processes for three years

The former government was told to simplify claims processes for veterans three years ago, but made no decision to adopt the "significant" recommendations, a royal commission hears.

ABC News

Politicians back calls for tweaked immigration settings

Voices from both sides of politics support the Productivity Commission’s calls for changes to New Zealand’s immigration settings

Newsroom.co.nz

High childcare fees, low pay for staff and a lack of places pose a huge policy challenge

Cheaper childcare was Labor’s largest single election promise, at an estimated cost of A$5.4 billion a year. Anthony Albanese went so far as to outline universal childcare as one of his new government’s three main policies for economic reform.

The Conversation

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Productivity Commission inquiry calls for transparency from Immigration

No more “black box decisions”, says Productivity Commission after analysing the effect of immigration settings on the efficiency of New Zealand’s economy

Newsroom.co.nz

Alan Kohler: The time for lazy, comfortable government is over

If Treasurer Josh Frydenberg loses his seat on Saturday his best legacy could end up being his commissioning of a review of Australian productivity.

The New Daily

Is it time to reconsider the rules on GMOs?

The Productivity Commission says New Zealand needs to take another look at its strict regulations on genetically modified organisms – or we could risk missing out on important innovations.

Newsroom.co.nz

When will we talk about housing affordability for Australians who can’t get on the property ladder?

Challenges for low-to-middle-income renters are systemic but the major parties are mainly talking about homebuyers and mortgages

The Guardian - AU

What next for our immigration settings

With the borders reopening, will immigration return to pre-pandemic levels, or does New Zealand need to re-think its reliance on migrant labour?

Newsroom.co.nz

Closing the Gap review under way

The Productivity Commission has been tasked with undertaking the first three-yearly review into the national agreement on Closing the Gap.

AAP

Where two years without immigration puts New Zealand

As the border slowly returns to a more permeable state, the Productivity Commission will present its case on whether New Zealand has an over-reliance on migrant labour

Newsroom.co.nz

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The Conversation

Flexibility makes us happier, with 3 clear trends emerging in post-pandemic hybrid work

The first national study of working arrangements in Australia since government work-from-home directions were lifted shows post-pandemic office life is going to be dramatically different to what existed before.

AAP

Some Closing the Gap targets missed

An agreement with government to improve social outcomes for Indigenous people is missing some of its targets, new data shows.

AAP

New study into unpaid carers' leave

The Productivity Commission is conducting an investigation into carers' leave, as well as employment models for those working in the aged care sector.

The Canberra Times

ACT parents still pay highest childcare fees in the nation

Parents in the ACT still pay a premium for childcare, Productivity Commission report on government services shows.

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AAP

Housing stress continues to soar: report

Nearly half of all commonwealth rent assistance recipients are still experiencing housing stress, a Productivity Commission report has found.

The Guardian - AU

Almost half of people seeking help for homelessness in NSW in past year did not get it, report finds

Unmet requests for accommodation in the state rose from 37.2% to 48.2% over five years and a growing number are also being turned away in Queensland

Newsroom.co.nz

The immigration reset: 'The Government waited to see which industries squealed'

After a year of sweeping immigration announcements, internal policies being defined and defied, and stories of migrants in strife, 2022 should be different. It has to be.

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