Economy

Real GDP per capita barely rising

GDP data published yesterday for the September quarter looked good for the economy and the Government, but a closer look shows revisions took the shine off the headline and the economy is still growing by importing people and working the existing population harder, rather than by increasing output per hour worked or productivity.

As any economist and honest politician will tell you, productivity isn't the main thing to focus on: it's the only thing that matters in the long run. It drives increases in re

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