DiscoverINTHEBLACKBeyond GDP: Rethinking productivity in today's economy
Beyond GDP: Rethinking productivity in today's economy

Beyond GDP: Rethinking productivity in today's economy

Update: 2025-04-23
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What does productivity really mean in today's fast-moving, tech-driven world and are traditional measures still relevant? 

In this episode of INTHEBLACK, take a fresh look at how to define and measure productivity in today's high-tech economy.  

Longstanding metrics like multi-factor productivity (MFP) and gross domestic product (GDP) have shaped economic policy for decades but are they still fit for purpose? 

An expert guest expert draws on insights from the Australian Productivity Commission and his own research to explore: 

  • Why conventional productivity measures may no longer reflect real economic value 

  • Emerging alternative metrics that better capture today's workplace dynamics 

  • What this shift means for business leaders, finance professionals and policymakers 

If you're a business owner, accountant or advisor looking to better understand the future of work and economic performance, this episode will give you the context and questions you need to stay ahead. 

Listen now to uncover what productivity really is in today's economy 

Host: Garreth Hanley, podcast producer, CPA Australia 

Guest: John QuiggIn, Professor of Economics at University of Queensland. He is prominent both as a research economist and as a commentator on Australian economic policy. He is a Fellow of the Econometric Society, the Academy of the Social Sciences in Australia. His latest book After Neoliberalism was released in 2024.  

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Beyond GDP: Rethinking productivity in today's economy

Beyond GDP: Rethinking productivity in today's economy

CPA Australia