
Productivity Commission chair urges ‘growth mindset’ to solve looming problems for future generations ahead of economic summit, while reiterating call to limit AI regulation. Young Australians may endure worse lives than their parents, ‘worried’ productivity chief warns. Danielle Wood, chair of the Productivity Commission, highlights the need for better skills, training, and new policies to boost productivity and address economic challenges.
Wood emphasizes the importance of adopting a positive outlook for sustainable wage growth and opportunities. Concerns over lower wages, increased costs, and climate impacts without government intervention are at the forefront of her address to the National Press Club.
She underscores the role of young people in shaping the future and criticizes policy choices contributing to ongoing challenges. Wood advocates for leveraging technology, enhancing skills, and facilitating business operations to drive productivity improvements.