Thursday, March 13, 2014

What? You mean no productivity crisis either?

One graph that completely contradicts Australia's 'productivity crisis' | Business Spectator

Last week, I noted there was no wages growth crisis in Australia.

As Kohler points out, the Australian government is also happy to tell foreign investors that there is also great crisis in productivity either.

I just heard that unemployment was steady at 6%.  Not great, but not a crisis either.

And all of this happening while we still have a carbon tax, and no certainty it will be gone in July.

Odd, that.  [/sarc, of course.]

1 comment:

nottrampis said...

yeah ,

I have been talking about this for a while.
Productivity will get better as the infrastructure in mining kicks in.