Cost and standard of living
Alternative labels
Cost of living
Household expenses
Living standards
Standard of living
Briefing paper
Climate and the Economic Reform Roundtable
This paper underlines the impact of climate change on the economy and productivity ahead of the upcoming Australian Government's Economic Reform Roundtable. It finds that climate change and productivity are inextricably linked, concluding that any genuine economic plan for the future would be incomplete without taking into account the impact of climate change.
Report
Solving the crisis: raising the living standards of Australian workers
A report on Australia’s standard of living has found that low real wages, underfunded public services and soaring prices have left many families experiencing hardship and hopelessness. The report documents the origins of the current crisis in living standards and presents a multidimensional progressive policy agenda for the Australian Government.
Report
Productivity with purpose: clear pathways to a more equitable future
This report reframes the national productivity debate – arguing that rather than pursuing productivity growth for its own sake, its purpose must be clarified: to lift living standards, improve wellbeing and accelerate the transition to net zero. It lays out practical, achievable reforms and provides recommendations on three key themes: a dynamic and more resilient...
Report
Productivity in the real world: what it is, what it isn’t, and how to make it work better for workers
Claims that Australia faces a productivity crisis are overblown, this report argues. It presents evidence showing productivity growth in recent decades has not been equally reflected in higher real wages and better living standards. Proactive measures to lift wages and living standards are needed if stronger productivity growth is to support stronger living standards.
Report
OECD employment outlook 2025: can we get through the demographic crunch?
This outlook looks at the latest labour market developments and prospects in OECD member countries. It also discusses the challenges population ageing poses more generally. The consequences of an ageing workforce for productivity growth are analysed. Without swift changes in policies and behaviours, GDP per capita growth will slow down significantly in most OECD countries.