Labour productivity growth is the key driver of living standards over the medium term. However, growth in labour productivity has slowed markedly over recent decades in Australia and other advanced economies, leading to slower growth in people’s incomes.

Prior to COVID-19, wages growth in Australia was somewhat lower than was expected based on historical determinants. This paper examines concentration in Australian labour markets and its impacts on wages using a large and representative database derived from administrative tax data.

This paper documents the evolution of firm mark-ups in the Australian economy using a large and representative database derived from administrative tax data.

This paper explores the effects of labour market conditions at graduation on an individual’s work‑life over the following decade.

This paper introduces MARTIN – the Reserve Bank of Australia's current model of the Australian economy. MARTIN is an economy-wide model used to produce forecasts and conduct counterfactual scenario analysis.