Australia's productivity boom came with unions, not business
Productivity growth hit more than 2 per cent a year in the 1980s and 90s under a government-union partnership. Today it is just 0.3 per cent.
Why it mattersWhat actually worked before matters now. Policymakers choosing which partners to bring to the reform table should know the historical facts about what produced results.
AustraliaAustralia's current productivity crisis means lower wage growth and living standards; the success of the Keating-Kelty model suggests re-engaging unions in economic strategy could shift outcomes.
✓ Claims checked against the source and corrected before publish. checked 2 h ago
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