Kevin Rudd (Griffith, Australian Labor Party, Leader of the Opposition) Share this | Hansard source

Prime Minister, is it not the case that the latest official ABS figures show that productivity growth averaged 3.3 per cent per annum in the five years from 1993-94, falling to 2.1 per cent in the five years from 1998-99, and that so far, in the most recent cycle, growth has slumped to an average of just one per cent per annum in the three years since 2003-04? Prime Minister, don’t these statistics prove that there has been a long-term structural decline in Australia’s productivity growth?

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