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This paper summarises recent Treasury work that has sought to quantify the extent to which Australia’s geography explains the productivity gap with the United States. This work has found that Australia’s geography might explain as much as half of the productivity gap with the United...
Over the past five years, the labour force participation rate of older Australian men has risen after declining for over 25 years. In combination with ongoing increases in older women’s participation, the participation rate of older persons is now at its highest level on record....