Experts highlight flaws in Australia's productivity measurement formula

Analysis published on October 11, 2026, suggests that Australia's productivity formula suffers from fundamental measurement flaws. The report argues that the traditional method of dividing gross domestic product by hours worked does not accurately reflect the modern economy. Experts state that productivity across much of the economy cannot be reliably measured.

The critique suggests that current economic measurements may be outdated, measuring an industrial-age economy using tools designed for a knowledge and care era. This raises questions about how economic policy and business planning are informed by national productivity figures.