Economists say ‘yes’ to industry policy (just not in Australia)

By Peter Roberts Australian economists have long been seen by manufacturers as the enemy as, led by those staffing the Productivity Commission, they have vigorously fought against any form of activist industry policy by government. The view is that policing backing even new industry such as green energy technologies, 3D printing or critical metals processing…

How can we refrom the PC when we can no longer even track productivity – by John Sheridan

The federal treasurer Jim Chalmers has given the new chair of the Productivity Commission Chris Barrett an impossible job, argues John Sheridan. If we can no longer measure productivity in a digital age – and we can’t – how can any amount of reform of the PC help boost national productivity? Workplace productivity comparisons mean…

Treasurer opts for tinkering with mostly ignored Productivity Commission

By Peter Roberts The Treasurer Jim Chalmers has opted for gradualist reform of the much criticised Productivity Commission, appointing a former Labor Party staffer to be the commission’s new chair. Chalmers appointed Chris Barrett (pictured) as the new Chair and said ‘to build a stronger economy, we need to build stronger economic institutions – and…