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The Latest Breaking News from the Productivity Commission

'Quite wrong': minister hits out at GST deal criticism

A federal minister from Western Australia has defended her state's generous GST deal despite productivity watchdog calls to scrap the arrangement.

AAP

Will Labor or the Coalition have the guts to reverse ‘the worst public policy decision’ of the century? Don’t be daft

The Productivity Commission has picked apart Scott Morrison’s 2018 GST deal that gives Western Australia an outsized share of revenue. But there is no prospect of government action

The Guardian - AU

Afternoon Update: Morrison-era multibillion-dollar mistake; airport safety concerns continue; and remembering Johnny Young

Productivity Commission says GST deal with Western Australia has sent tens of billions of taxpayer money to the richest state

The Guardian - AU

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‘A costly mistake’: new review finds giving WA billions in extra GST was unfair to other states

The Productivity Commission has recommended undoing the controversial 2018 changes to the distribution of goods and services tax (GST) revenue between the states that has cost taxpayers A$23 billion.

The Conversation

WA stares down 'east coast clowns' over costly GST deal

Western Australian Premier Roger Cook has promised to fight any move to strip his state of its lucrative GST deal, saying changes could cost it billions.

AAP

Closing the Gap is failing, yet again. Is it time we do away with it altogether?

Every year, the Productivity Commission reports on the progress state and federal governments are making towards closing the gap in the gross inequality between Indigenous and non-Indigenous lives.

The Conversation

Red tape strangling efforts to tackle housing crisis

Removing layers of rules and having the political will to stand up to NIMBYs are among a raft of measures put forward to fix Australia's housing crisis.

AAP

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Workplace depression is common. Managers can make it worse, or better

Australia has a mental health crisis. The Productivity Commission has found mental health issues cost Australia up to A$200 billion to $220 billion per year – one tenth of annual economic output.

The Conversation

The government wants to curb NDIS spending. Here’s how it might succeed

Australia’s National Disability Insurance Scheme (NDIS) has grown too big, too fast.

The Conversation

Postcode where more drivers plug into electric car cuts

More than 100,000 Australians have taken advantage of the federal government's tax exemption for electric vehicles but households in one location are most keen.

AAP

Childcare centres may have clear rules for staff numbers, but there are loopholes to get around them

There is a growing number of “serious incidents” in Australian early childhood services, including day cares.

The Conversation

A new company tax mix has been proposed. We need to be careful how we assess it

Australia has a problem. Across the economy, business investment has been sluggish for the past decade, leaving policymakers reaching for solutions.

The Conversation

A stronger focus on prevention could help governments rein in health care and social spending

At the start of the new year, many of us will commit to joining a gym, eating healthier or cutting back on drinking and smoking. We do this knowing that investing in our health today will pay off into to the future – that prevention is better (and cheaper) than…

The Conversation

Bold company tax proposal still friendless after revamp

An alternative corporate tax proposal could have greater economic benefits if a requirement to be budget-neutral was removed, the Productivity Commission says.

AAP

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AAP

Airlines to be probed over pricey regional fares

The Productivity Commission will examine pricing practices and competition in regional air travel as the future of a country carrier remains in the balance.

AAP

Mining giant flags more jobs at risk due to coal taxes

One of the world's biggest mining companies has hit out against Commonwealth and state taxes, arguing they must be competitive enough to attract investment.

AAP

From gigabits to terabits: fibre to fire up downloads

A fibre optic internet backbone will deliver internet speeds up to six times faster as well as a multi-billion-dollar boost to Australia's economy by 2040.

The Conversation

The controversial GST deal with the states is under review. There are better alternatives

Treasurer Jim Chalmers last week announced the Productivity Commission will review the 2018 deal that gave states a guaranteed minimum share of the goods and services tax (GST).

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The Guardian - AU

Briggs warns Australia will struggle to ‘get the genie back in the bottle’ if it doesn’t protect creatives from AI theft

Productivity Commission under fire for failing to consult Australian artists about copyright issues around AI recommendations

AAP

West versus rest as fresh stoush brews over GST spoils

A review of a contentious carve-up has reignited debate over the fairness of one state getting more GST revenue under a special deal with a previous government.

The Guardian - AU

Labor’s Measuring What Matters is a worthy goal – but one that has utterly failed to live up to its promise

The wellbeing framework has become little more than a data dump – but at least it highlights how little stock we should put in productivity figures

The Guardian - AU

Australia’s women remain an untapped resource in the hunt for productivity

Female empowerment is more than just ‘nice to have’, as I was once told in the halls of parliament. It’s good economic policy

The Conversation

View from The Hill: Everyone wants a slice of the productivity action

It’s too early to make a judgement about how productive the government’s economic reform (also known as productivity) roundtable will be, but the fact it’s behind closed doors is making it a rather amorphous affair to follow.

AAP

Answers to ailing productivity to steer economic future

Australia's economic future will be guided by ideas to reinvigorate its currently languishing productivity, the treasurer has said.

The Conversation

Private health insurers want to fund more out-of-hospital care. But the Productivity Commission has other ideas

Australia needs to do better at preventing health conditions from arising and worsening, according to an interim report on delivering quality care more efficiently released overnight by the Productivity Commission.

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