The Joe Walker Podcast14 Elo 2025

Australia’s ‘Great Stagnation’: Everything You Need to Know About The Productivity Crisis — Greg Kaplan & Michael Brennan

Stagnation! The 2010s witnessed Australia’s weakest productivity growth in six decades.

How much of the slowdown is homegrown? How much reflects the broader “great stagnation” plaguing the West?

How much is simply an artefact of the way “productivity” is measured?

And what would a credible new growth model for Australia—with its distinctive reliance on mining over manufacturing—actually look like?

To answer these questions and more, I’m joined by two of Australia’s smartest economists.

Greg Kaplan is the Alvin H. Baum Professor of Economics at the University of Chicago. He is also the cofounder and chairman of e61, a non-partisan economic economic research institute in Australia.

Michael Brennan is the CEO of e61. He was previously chair of Australia's Productivity Commission and a Deputy Secretary of the Australian Treasury.

We discuss the forces behind falling construction productivity; how to think about “Australia’s most productive company”; where to find quality gains in the services sector; what we can learn from the stunning innovativeness of Australia’s agricultural industry; why we need new economic engines beyond the Sydney–Melbourne duopoly; and much, much more.

Episode sponsors:

Eucalyptus: the Aussie startup providing digital healthcare clinics to help patients around the world take control of their quality of life. Euc is looking to hire ambitious young Aussies and Brits. You can check out their open roles at eucalyptus.health/careers.
Vanta: helps businesses automate security and compliance needs. For a limited time, get one thousand dollars off Vanta at vanta.com/joe. Use the discount code "JOE".

See omnystudio.com/listener for privacy information.

Tämä jakso on lisätty Podme-palveluun avoimen RSS-syötteen kautta eikä se ole Podmen omaa tuotantoa. Siksi jakso saattaa sisältää mainontaa.

Jaksot(134)

Australia's Plan to Turn Compute Into Sovereign AI — Dr Andrew Charlton MP [Compute Series]

This is the first episode in a multi-part series called 'Compute in Australia'. Series announcement here. More episodes to follow over the coming month. Dr Andrew Charlton MP is an Australian economis...

16 Elo 2h

Compute in Australia: Announcing my new podcast series

https://josephnoelwalker.com/See omnystudio.com/listener for privacy information.

16 Elo 6min

"Just because I consulted doesn't mean I didn't dominate": How prime ministers really govern — Patrick Weller

Patrick Weller is emeritus professor of politics and public policy at Griffith University and the author or editor of some forty books. Pat wrote what was the first (and may still be the only) Westmin...

23 Kesä 1h 36min

How Can Australia Get a Piece of the AI Action? — Danielle Wood

Danielle Wood is an Australian economist and the current chair of the Australian Productivity Commission. Had a lot of fun chatting with Dani about how she's making sense of AI and its implications fo...

3 Kesä 1h 38min

How Australia Actually Selects and Integrates Migrants — Mike Pezzullo [Immigration Series]

Part 3 of a three-part immigration series this week. Martin Parkinson (economics) available here; Mark Cully (history) available here. Mike Pezzullo ran the Australian Customs and Border Protection Se...

21 Touko 3h 22min

"Bigger and Different": The Six Decades That Remade Australia — Mark Cully [Immigration Series]

Part 2 of a three-part immigration series this week. Martin Parkinson (economics) available here; Mike Pezzullo (acculturation, social cohesion, security) drops Friday. Mark Cully was the inaugural ch...

21 Touko 2h 27min

"We've built an economy that requires 2 million temporary migrants" — Martin Parkinson [Immigration Series]

Part 1 of a three-part immigration series this week. Mark Cully (history) drops Thursday; Mike Pezzullo (acculturation, social cohesion, security) drops Friday. Martin Parkinson ran the Australian Tr...

19 Touko 2h 18min

2025 Retrospective — A Listener (Zac Gross) Interviews Me

In this special end-of-year episode, the tables are turned: I’m the guest, and I’m interviewed by Zac Gross — an Australian macroeconomist and long-time listener of the show. We reflect on what I lear...

31 Joulu 20251h 18min