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Economics

Productivity slump threatens asset returns: Shane Oliver

The supply-side productivity-enhancing reforms of the Hawke/Keating Labor government, continued by Howard/Costello, have since stalled, leading to a decline in productivity - a key catalyst in the deterioration of living standards, according to AMP chief economist Shane Oliver.

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Read more: ProductivityLiving standardsShane OliverAMPGDPPublic spendingBusiness investmentTax reformStamp dutyHousing affordability