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Showing 131 - 140 of 1041 results for "Productivity"

Budget deficit to balloon to $42.1bn

ELIZA BAVIN  |  TUESDAY, 25 MAR 2025
... bills will also be reduced by $150 this year - costing the government around $1.8 billion. To fight Australia's productivity problem, Chalmers said the government would be investing more in people to boost "dynamism and competition", including abolishing ...

Non-compete, restraint clauses to be outlawed

JAMIE WILLIAMSON  |  TUESDAY, 25 MAR 2025
... eradicating such clauses could life the wages of workers by up to 4% or $2500 a year, based on median wages. Meantime, the productivity boost could ass %5 billion or 0.2% to the GDP annually. It's expected it will also spur new business entry and increased ...

What to expect in the 2025 Federal Budget

ELIZA BAVIN  |  TUESDAY, 25 MAR 2025
... repairing the structural deficit, but in a pre-election budget this is not easy. Ideally, a significant focus on productivity-enhancing reform ought to be part of the policy mix." Chalmers said while a deficit will be announced, it will still be smaller ...

CFS Edge, North enhance platform capabilities

MATTHEW WAI  |  THURSDAY, 20 MAR 2025
... usually spend on meeting notes." AMP group executive, platforms Edwina Maloney said the new feature will accelerate productivity by simplifying the "costly process" of client review meetings. "We're really excited by the disruptive potential of AI on ...

Skills gap crisis costing Australia $3.5bn a year

ELIZA BAVIN  |  WEDNESDAY, 19 MAR 2025
... being unsure of what is best for them becomes a big problem down the track, ultimately costing the economy in lost productivity," Stubley said. "If we want to help young people and make a real economic impact, we need to focus on the school to work transition ...

Fixing retirement system an election priority: Grattan

JAMIE WILLIAMSON  |  MONDAY, 17 MAR 2025
... The last major reform it's calling for is the introduction of a top 10 best super funds list, as recommended by the Productivity Commission. "Such a mechanism would ensure new, disengaged members were allocated to a high-performing fund, and provide ...

Australia must focus on 'friend-shoring': UNSW

ELIZA BAVIN  |  THURSDAY, 13 MAR 2025
... navigating United States-China trade relations, reassessing immigration and high population growth, and boosting stagnant productivity are among the key economic obstacles facing the country. The report said regardless of which party holds power, the ...

The productivity problem: Good ideas never put to use

ELIZA BAVIN  |  THURSDAY, 27 FEB 2025
The Productivity Commission's (PC) latest Annual productivity bulletin has revealed multifactor productivity growth has been almost non-existent in recent times. The bulletin said a creeping inefficiency and failure to push the boundaries of innovation ...

Technology optimises family office performance: KPMG

KARREN VERGARA  |  WEDNESDAY, 26 FEB 2025
... using technology was to reduce overall costs. But the majority agree that technology increases office efficiency and productivity. Langsford said that family offices ultimately remain a vehicle for securing the financial future of the family and preserving ...

AI's big moment? Not this year, says Fidelity

ANDREW MCKEAN  |  TUESDAY, 25 FEB 2025
... being realised, according to the survey of over 100 analysts. While most analysts reported some companies are seeing productivity benefits from AI, particularly in back-office and customer service functions, significant benefits remain in their infancy. ...