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The Latest Breaking News from the Productivity Commission

From childcare to aged care, here’s how to deliver safer, more affordable care for all Australians

Too often in discussions about productivity, the care economy only gets mentioned as the problem child putting a drag on growth. This week, the Productivity Commission is seeking to change that narrative with the release of its fifth and final report ahead of the government’s economic reform roundtable next week.

The Conversation

AI companies want copyright exemption, but the arts minister says there are ‘no plans’ to weaken these laws. What’s going on?

“We have copyright laws,” said arts minister Tony Burke last week. “We have no plans, no intention, no appetite to be weakening those copyright laws based on this draft report that’s floating around.”

The Conversation

AI training pilot to upskill more than 30,000 teachers

Microsoft and the Future Skills Organisation plan to train educators in artificial intelligence to address Australia's technology skills gap.

AAP

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Australian workers are likely to change occupations twice in the next 20 years. How do we help them do this?

Over the next two decades, the average Australian worker is likely to change occupations at least twice.

The Conversation

Unions push back on productivity plan for schools, jobs

Fresh fault lines have formed in the lead up to the government's reform roundtable as unions reject productivity proposals welcomed by businesses.

AAP

Helping Australian teachers share lesson plans could improve stagnating student results, Productivity Commission says

A nationalised database of lesson plans was one of the recommendations of the fourth interim report into how to lift Australia’s flagging productivity

The Guardian - AU

No one holds the government to account on spending. We need a budget watchdog that can bite

Treasurer Jim Chalmers has made budget sustainability one of the key pillars of the reform roundtable to be held next week.

The Conversation

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Australia’s potential surrender of creative content to tech giants for free is shocking. Labor must decide where it stands

The Productivity Commission appears to have bought into tech companies’ brazen arguments – and caught the Australian government off-guard

The Guardian - AU

The Productivity Commission is floating AI copyright exemptions – with worrying implications for Australian authors and publishers

In an interim report released overnight, Harnessing data and digital technology, the Productivity Commission has floated a text and data mining exception for the Australian Copyright Act.

The Conversation

Australia shouldn't try to reinvent the AI wheel

Australian companies should boost productivity by using existing artificial intelligence tools rather than trying to create sovereign models, a US expert says.

AAP

The digital economy could turbocharge our productivity, but we need to get the settings right

Data and new digital technologies such as artificial intelligence present an opportunity to get Australia back on the path to productivity growth.

The Conversation

Australia to take 'sensible, middle path' on AI control

Artificial intelligence has emerged as a potential answer to Australia's dwindling productivity but concerns have been raised over its impact on workers.

AAP

View from The Hill: Can Chalmers extract a serious deregulation agenda from reform roundtable?

Treasurer Jim Chalmers has three challenges with his economic reform roundtable, which is all about how to improve Australia’s productivity, budget sustainability and economic resilience.

The Conversation

Should big tech be allowed to mine Australians’ text and data to train AI? The Productivity Commission is considering it

Interim report on digital economy also mulls changes to privacy rules and copyright collections to help harness AI’s benefits

The Guardian - AU

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The Conversation

We’re not minimising the cost of the net zero transition. These reforms will help

Getting our response to climate change right will be crucial to getting Australia back on the path to productivity growth.

AAP

Climate ratings could spare buyers from risky homes

Star ratings for resilience and winding back electric car incentives have been flagged by the Productivity Commission in its pursuit of climate cost savings.

The Guardian - AU

The Productivity Commission has proposed a ‘cashflow tax’ for business. What does that mean?

The fact businesses cannot deduct financing costs means companies like coalminer Adani would not be able to avoid paying virtually any tax

AAP

Business lobby rejects proposed company tax overhaul

The corporate sector is rallying against calls for a new cashflow tax for businesses, while small companies would have their rate cut under the reforms.

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The Conversation

The company tax regime is a roadblock to business investment. Here’s what needs to change

Productivity growth is a key driver of improvements in living standards. But in Australia over the last decade, output per hour worked grew by less than a quarter of its 60-year average.

The Conversation

Big tech says AI could boost Australia’s economy by $115 billion a year. Does the evidence stack up?

AI is on the agenda in Canberra. In August, the Productivity Commission will release an interim report on harnessing data and digital technology such as AI “to boost productivity growth, accelerate innovation and improve government services”. Shortly afterward, the government will host an Economic Reform Roundtable where AI policy will…

The Conversation

Progress on Closing the Gap is stagnant or going backwards. Here are 3 things to help fix it

The Productivity Commission’s latest data on Closing the Gap progress represents an unsurprisingly grim overview of the socioeconomic inequalities experienced by Aboriginal and Torres Strait Islander peoples.

AAP

Workers could be $14,000 ahead under a growth mindset

Australia's productivity tsar says Australian workers would be $14,000 better off each year in the long run if the nation treads the right path on reform.

The Guardian - AU

Meta argues its AI needs personal information from social media posts to learn ‘Australian concepts’

Tech giant says posts from Australian Facebook and Instagram users are ‘vital learning’ about ‘concepts, realities, and figures’

AAP

'Not all bad news': the Aussie upside of Trump tariffs

While Donald Trump's harsh tariffs on imports from Australia's key trading partners will whip up uncertainty, there could be an upside for consumers.

The Guardian - AU

Abuse allegations have prompted distress and outrage - but will Australia’s childcare system be fixed?

With an urgent review and new measures to protect children announced, experts argue some form of national oversight is essential

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