House debates

Wednesday, 20 June 2007

Questions without Notice

Economy

2:00 pm

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

My question is to the Prime Minister and refers to his claim that employment growth explains poor productivity in the Australian economy, due to the addition of less productive workers to the workforce. Is the Prime Minister aware of comments from Reserve Bank Governor Glenn Stevens in a speech late last year when he said about the Australian economy:

… this addition of less productive workers isn’t enough to explain the extent of the slowdown in overall productivity.

Prime Minister, is Mr Stevens wrong?

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