productivity

business enterprises economy, business and finance politics productivity state budget and tax

Labor concedes popularity hit from tax changes

New carve-outs for startups and a backdown on trusts are aimed at reducing some of the political blowback from major capital gains tax reforms.

business enterprises economy, business and finance politics productivity state budget and tax

Founders warn of talent exodus despite tax carve-outs

A snap two-day parliamentary inquiry into budget tax changes is set to deliver its report as startup founders warn innovation will be hit despite carve-outs.

central bank economy (general) economy, business and finance inflation and deflation interest rate productivity

Slowing economy could shut the door on more rate hikes

Stagnant productivity means households face higher inflation and lower living standards but the treasurer hopes cheaper housing will ward off voter discontent.

business (general) computing and information technology economy, business and finance employee employment internet litigation and regulation media online productivity science and technology software technology (general) unemployment

‘Take a breath’: Google tells Aussies to relax about AI

Workers need to stress less about the impact of artificial intelligence on their jobs, Google's Australian managing director says, and adapt to the disruption.

economy (general) energy politics productivity

‘Bad to worse’: productivity sinks to post-pandemic low

Poor productivity is bedevilling the Australian economy, with levels heading in the wrong direction for Treasurer Jim Chalmers.

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AI’s dirty secret: data centre boom threatens resources

Artificial intelligence could use three per cent of global energy by the end of the decade, the UN warns, and use 10 times more land than Mexico City.

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Worse to come as oil crisis adds fuel to rate-pain fire

A rate hike in May is forecast by analysts after the Iran oil shock pushed the annual headline inflation level to the highest point in almost three years.

consumers diesel fuel economy, business and finance petrol prices productivity unrest, conflicts and war

Extra diesel shipments prioritised for regional areas

Two additional cargo ships of diesel will come into Australia, bringing in 100 million litres of supply after deals struck with two major fuel companies.

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Aussies could miss big payday due to basic AI skills

Millions of Australian workers are using artificial intelligence tools with only a basic understanding, and could boost their salaries with more training.

budgets and budgeting economic policy economy, business and finance politics productivity public finance

Treasurer softens up voters for ‘hard decisions’ on tax

The government will warn of a hit to economic growth and Australia's productivity performance in the upcoming budget, raising the stakes for ambitious reform.

business (general) economy, business and finance inquiry politics productivity report

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.

economy, business and finance healthcare policy labour productivity unemployment

Belt tightening in order as federal payments balloon

More than $12 billion in program cost blowouts demand tighter spending in other parts of the federal budget, the treasurer is warning Australians.

business (general) business enterprises computing and information technology economy (general) internet it/computer sciences productivity research technology (general)

AI guidance refresh as industry awaits national plan

Industry figures welcome news a national AI plan will be released before the end of the year, saying uncertainty on regulation spooks potential investors.

business (general) business enterprises economy, business and finance financial and business service internet media productivity telecommunication equipment telecommunication service

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.

business (general) computing and information technology economy (general) employment internet productivity research software survey technology (general)

More Aussie workers turn to AI but revolution is slow

Three times as many Australian workers are using artificial intelligence tools as last year but executives say they are not seeing transformational changes.

breaking_news economic indicator economy, business and finance labour productivity unemployment

National economy still stuck in ‘productivity malaise’

Despite a modest pick-up in productivity growth and signs private sector employment is recovering, Australia's slump in productivity is far from over.

business (general) computing and information technology employer employment productivity retraining software technology (general)

One in five young jobseekers are fudging AI skills

The pressure to understand and use artificial intelligence tools is getting to gen Z and millennial workers, with many admitting to exaggerating their talents.

house building housing and urban planning politics productivity regulatory policy and organisation

Pause on new regulations to fast track building homes

A pause in new regulations on construction standards will aim to have homes built faster under changes stemming from the productivity roundtable.

business (general) computing and information technology economy (general) employee litigation and regulation politics productivity regulatory policy and organisation science and technology technology (general)

Why Australian AI regulation could be a legal patchwork

Artificial intelligence may not be governed by a single, dedicated law in Australia but experts say changes to several existing laws could offer protection.

economy, business and finance macro economics politics productivity summit

Treasurer mulls making tax fairer for young Australians

Australia's "unfair" tax system has created a situation where retirees can earn the same income as working households, but pay less than half the tax.

breaking_news economy, business and finance politics productivity summit

‘Holy grail’: treasurer hails quick wins as summit ends

After 29 hours, 327 contributions and one major blow-up, Jim Chalmers' economic roundtable has served up a slew of reform ideas and a few unanswered questions.

diesel fuel energy energy and resource environmental issue environmental politics exports mining politics (general) pollution productivity renewable energy

Call to screw the cap on $11 billion diesel subsidy

More mining giants may clean up their operations if the government capped generous credits on diesel fuel and incentivised green projects, a report finds.

business (general) computing and information technology economy (general) employment litigation and regulation politics (general) productivity research software work relations

Aussie workers sceptical of AI coming for their jobs

A slim majority of workers believe the government can be trusted to regulate artificial intelligence and most think it will augment rather than replace jobs.

economy, business and finance politics productivity

Red tape on chopping block in bid to build homes faster

Slashing regulations so houses can be built quicker has won universal approval at a government-led economic roundtable, but the finer details are up for debate.

breaking_news economy, business and finance politics productivity

Trade and skills under spotlight in ‘promising’ talks

The treasurer has sung the praises of the government's long-awaited roundtable after hours of discussions on productivity, trade and technology.

consumer goods economy, business and finance interest rate productivity state budget and tax

Productivity to dominate agenda as symposium begins

After weeks of build up, arguably the biggest event of Australia's economic calendar is set to begin as the government seeks answers to withered productivity.

auto trends automotive equipment consumer goods diesel fuel energy environmental issue environmental politics environmental pollution litigation and regulation politics politics (general) productivity road transport transport

Charge ahead: road taxes may be closer than they appear

A road user charge targeting electric vehicle drivers is gaining widespread approval but how it will work and when it will arrive remains up for debate.

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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.

economy, business and finance executive (government) lobbying politics productivity regulatory policy and organisation state budget and tax summit think tank

Responsibility, not legacy driving Chalmers to reform

Jim Chalmers' economic roundtable will likely present some low-hanging fruit around regulation but hefty tax reform will be more challenging for him to grasp.

adult education computing and information technology education further education internet productivity retraining science and technology software technology (general)

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.

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