Corporate Class drain on economy, Productivity Commission Reveals
Corporate Class drain on economy, Productivity Commission Reveals 09-04-25 The Productivity Commission’s 2025 Bulletin has revealed that the Corporate Class is the most inefficient sector of the economy. While the productivity of most skilled Trades increased their productivity; the “Administration and Support Services Sector” has seen a decline in labour productivity over the same timeframe. The Productivity Commission’s Annual Bulletin (accessible here: https://www.pc.gov.au/ongoing/productivity-insights/bulletins/bulletin-2025/productivity-bulletin-2025.pdf ) reveals that the “Administration and Support Services” industry saw a decline in labour productivity. Meanwhile, Labour productivity in agriculture, construction, transport, and manufacturing increased. The Utilities industry saw labour productivity decline slightly. Despite this decline in corporate productivity, the ABS reveals that the industry saw the fourth largest wage rise in 2024 (see here: https://www...