Productivity and Innovation
The National Innovation and Science Agenda has committed significant amounts of funding to twenty eight action areas, which include de-risking start-ups; investing in STEM; attracting and keeping overseas entrepreneurs; and improving university-industry connectedness, amongst others. These measures signal that promoting a culture of innovation is essential to Australia’s economic growth and future prosperity.
Projects under this theme explore the opportunity and challenges for businesses, individuals and government to drive prosperity through improved productivity and innovation. Research under this theme investigates issues such as barriers and enablers to productivity, and the impacts of infrastructure development and investment, public services, as well as tax and regulatory burdens on economic growth in WA, and opportunities and barriers to innovation for micro-businesses and SMEs, which make up a significant proportion of all businesses in the Australian economy.
BCEC Monthly Labour Market Update – November 2023
Alan Duncan, Michael Dockery
– Surprise pre-Christmas jump in full-time employment: up by 0.6% in November – – Participation rate leaps to 67.2 per cent, 0.2ppt – – MYEFO projections banking on deteriorating jobs growth in coming quarters – Jobs figures strong, but estimates... Read article
18 December 2023Monthly Labour Market Update
Read More
BCEC Monthly Labour Market Update – October 2023
Alan Duncan, Michael Dockery
– Inflation and interest rates to stay high for longer – – Labour market stubbornly resilient, as jobs grow by 55,000 nationally – – Real wages to keep falling in coming quarters – Jobs data in line with revised expectations... Read article
20 November 2023Monthly Labour Market Update
Read More
BCEC Monthly Labour Market Update – September 2023
Alan Duncan, Michael Dockery
— Labour market weakens, but headline unemployment rate falls. — — Exodus of males from the labour force as male participation rate falls 0.7ppt to 71.0 per cent; female participation rate returns to 62.7 per cent record high. — —... Read article
24 October 2023Monthly Labour Market Update
Read More
BCEC Monthly Labour Market Update – August 2023
Michael Dockery, Alan Duncan
— Strong growth in part-time jobs keeps unemployment rate steady at 3.7 per cent as participation rises. — — Female employment rebounds from July slide. — — Australia’s labour force participation rate hits all time high of 67.0 per cent.... Read article
19 September 2023Monthly Labour Market Update
Read More
Trading Up: International trade futures and the Western Australian economy
Alex Buckland, Alan Duncan, Mohammad Farhad, Abebe Hailemariam, Daniel Kiely, Valentina Sanchez Arenas, Panagiotis Sotirakopoulos
The eighth report in the BCEC Focus on Industry report series, Trading Up: International trade futures and the Western Australian economy, examines the benefits, opportunities and challenges that exist for the WA economy in relation to trade and investment. The... Read article
21 July 2023Economic Policy | BCEC Reports | Focus on Industry
Read More
BCEC Monthly Labour Market Update – May 2023
Michael Dockery, Alan Duncan
— Eastern seaboard jobs surge defies monetary policy tightening. — — Unemployment rate drops 0.1ppt to 3.6 per cent. — — Labour force participation rate and rate of growth of working-age population hit new highs. — — Odds have shortened... Read article
21 June 2023Monthly Labour Market Update
Read More