Economy
Business

Productivity Commission Confirms Labor’s Woeful Record

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Senator Andrew Bragg

Liberal Senator for New South Wales

Publish Date
June 20, 2025
 
1
min read

The Productivity Commission’s June 2025 Quarterly Productivity Bulletin confirms productivity has again gone backwards under the Albanese Labor Government.

Labour productivity fell by 1 per cent over the past year to March 2025. The PC has made it clear this is a long-term issue requiring serious and genuine policy reform.

The Coalition welcomes Labor’s newfound interest in productivity. But this latest data is a direct consequence of Labor’s first-term agenda: more red tape and an anti-business agenda.

Australia is going out of business under Labor:

  • The Budget is buggered;
  • Business is dying; and
  • Productivity is shot.

Bizarrely, Labor is pressing ahead with their tax on unrealised capital gains — a move that will penalise investment, innovation and damage productivity itself.

If Labor is serious about solving Australia’s productivity crisis, they must get serious about cutting red tape and drop the kooky ideas.

[Ends]

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