The Coalition needs to enact policies that will boost productivity in order to revitalise Australia's sluggish economic growth, according to economist Andrew Stone. Credlin
The Coalition needs to enact policies that will boost productivity in order to revitalise Australia's sluggish economic growth, according to economist Andrew Stone. Figures released on Wednesday by the Australian Bureau of Statistics show the economy has grown by 1.7 per cent since January 1.
Rising exports and government spending contributed to the rise, with weak consumer spending the major drag on growth. Mr Stone said government needs to look at "productivity boosting reforms that actually effect the supply-side of the economy that actually affects growth". He said reforming the energy market is paramount. "There are basic things that we can do that would get prices down and improve the reliability of supply".
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