17 December 2024
This forum will examine the roles of productivity and competition in determining wages and incomes in Australia. Real wages are now almost 5 per cent lower than they were three years ago and in 2022 the share of labour in total national income reached its lowest point in more than 60 years. While productivity growth will take us some way to restoring wage growth, the role of large firms and anti-competitive practice will also be examined.
- Danielle Wood, Chair, Productivity Commission, “Sluggish productivity growth: what’s going on?”
- Professor Peter Dixon, Senior Research Fellow, Centre of Policy Studies, Victoria University, “Pure profits and labour income in the US.”
- Professor Allan Fels, Professor of Law, and of Economics at Melbourne and Monash University, “The ACCC and productivity”
- Dr Craig Emerson, Director of the APEC Study Centre at RMIT University, “Can’t measure productivity in non-market services but must have it”