Philip Lowe Wants You to Work Harder: Productivity Explained

Head of the RBA Philip Lowe has warned that low productivity in Australia could contribute to inflation, and head us for a recession. So what is productivity, and what will actually increase productivity? Hint, it's not everyone just working harder... Executive Director Richard Denniss and Senior Economist Matt Grudnoff explain. 📧 The biggest stories and the best analysis from the team at the Australia Institute, delivered to your inbox every fortnight(ish). theaus.in/newsletter ❤️ If you'd like to become a supporter and help us make more videos like this, visit: https://theaus.in/donateYT