Driving Productivity Growth

ABSTRACT Background This article presents a summary of the main ideas for improving productivity from nine prominent Australian economists. Aims These ideas covered the need to reduce redundant regulations, smooth demand for power, reform incentives for skill acquisition, regulate AI, enhance competition, invest in place‐based innovation ecosystems and encourage employers to make jobs more family friendly. Materials and Methods The content of this article draws on the research and policy backgrounds of nine prominent Australian social scientists. Results and Discussion A selection of overlooked policy priorities are canvassed. Conclusion During each term of office, governments have limited resources to implement change and should develop priorities based on objective evidence on the best value for the Australian people.