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Productivity

Today

Medibank’s Kylie Bishop expects a four-day workweek will improve wellbeing and encourage staff to cut down on unproductive tasks.

Burnt out, distracted: is the modern workplace broken?

Medibank executives are among those who think the answer to a disengaged workforce lies in a four-day workweek, but bosses worry that workers have gone soft.

  • Euan Black

This Month

NAB is working with Microsoft to test AI inside Office 365 software to lift banker productivity.

NAB says AI will cut the drudgery for its bankers

The bank is working with Microsoft to embed AI into its 365 software, which bankers use for emails and presentations. It is also using AWS and Databricks.

  • James Eyers
Many more skilled workers will be needed in the future, not least to enable the clean energy transformation.

How to get fiscal dividend from a jobs, skills and training virtuous cycle

Reforms in vocational and higher education, and migration, can realistically aim to promote economic growth and would more than repay the upfront investment cost.

  • Peter Dawkins
RBA governor Michele Bullock shouldn’t be basing monetary policy on productivity measures.

Time to drop the dead doctrine of NAIRU

The new RBA leadership has a chance to use intuition rather than prescription to manage inflation.

  • Craig Emerson
Work-related chat messages are draining our attention, an Economist Impact report has found.

How Slack is costing you time, and your boss money

The average Australian knowledge worker loses 166 hours of focus time each year to unproductive work-related chat messages, according to a study by Economist Impact.

  • Updated
  • Euan Black
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Having the same pre-work routine each morning will help you get into the zone while working from home.

How can I be more productive while working from home?

Sticking to the same pre-work routine every morning is a good way of getting into the zone, says Atlassian’s work futurist Dominic Price.

  • Euan Black
Australians taking on extra hours to cope with cost of living pressures may explain recent falls in productivity, the Productivity Commission says.

Inflation forces workers to take on extra hours

Australians taking on extra hours to cope with inflation and cost of living pressures may explain recent falls in productivity, the Productivity Commission says.

  • Michael Read
Zip Co group chief executive Cynthia Scott says AI could generate real-time scripts for call-centre workers dealing with tricky enquiries.

How these six CEOs are using AI in their businesses

It is clear that corporate Australia is only at the beginning of its journey with the technology, amid an era defined by low productivity.

  • Sally Patten and Euan Black
Former BHP chief financial officer Peter Beaven who is now in a battery recycling start up.

Why this former BHP exec now runs a battery recycling start-up

Former BHP finance boss Peter Beaven says Australia must become more competitive or risk losing start-ups like his new battery metals recycling play.

  • Peter Ker
Australia has among the highest priced childcare in the OECD.

Market forces in childcare have failed families: ACCC

Childcare in Australia is less affordable than almost all other comparable countries and despite government contributions being almost double the OECD average.

  • Julie Hare

September

How the 80:20 rule makes Danielle Wood more productive

The incoming boss shares her defining career moments, best advice, love of authors Anna Funder and Zadie Smith and her plans for change in our public servant Q&A.

  • Ronald Mizen
There is much scope to boost universities’ contribution to the future economy.

It’s time to reshape universities for national good

Our tertiary institutions are a national asset, but collaboration with industry is a missed opportunity and should be a focus of the review now under way.

  • Innes Willox
A worker at a desk in an underused office in London.

Whose responsibility is it for office productivity?

Office landlords want workers back in the office to make them more effective and collaborate, but the onus is on landlords to draw people back.

  • Campbell Kwan
Australians are facing an economic environment of rapidly rising interest rates.

Incomes to stagnate without reform: RBA

A further slowdown in global trade, the cost of the transition to net zero and waning business dynamism are a threat to living standards, the bank says.

  • Michael Read
The Chanticleer podcast features James Thomson and Anthony Macdonald.

Qantas’ bad week | Gurner v the workers | AusSuper’s big bet

In this week’s episode, James and Anthony dive into another bad week for Qantas, look behind the firestorm sparked by property developer Tim Gurner.

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Economists say any rebound in productivity will be muted without ambitious reforms around tax, industrial relations and non-compete clauses.

Non-compete clauses should go to boost productivity: economists

Any rebound in productivity will be muted without ambitious reforms around tax, industrial relations and non-compete clauses, economists warn.

  • Michael Read and David Marin-Guzman
Engineering research needs more funding.

Busting the ‘wage decoupling’ myth

The link between productivity and real wages is robust. And the idea that productivity-enhancing reforms don’t matter for living standards is wrong.

  • Alex Robson
Reserve Bank governor Philip Lowe and governor designate Michele Bullock.

Bond bandits will force politicians to bend the knee

While governments might seek to bribe voters in the short run, bond markets will not allow this to continue indefinitely.

  • Christopher Joye
Despite concerns about cheating, Australian public school principals say AI needs to be embraced by schools.

Schools and business embrace AI, but do we know what they’re doing?

Artificial intelligence seemingly lets students and workers do new and exciting things more efficiently, but without care, we risk sacrificing genuine knowledge for short-term gains.

  • Paul Smith
The rate of people working from home has led to Australian tech bosses looking overseas for skilled workers.

Work from home era pushes more tech jobs offshore

High salaries, a skills shortage and more staff looking to work permanently from home has pushed bosses to look overseas to find professionals for IT roles.

  • Tess Bennett