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Productivity, the ratio of output to input, has long been the quiet engine of prosperity – a key driver of economic growth, real wage increases and improved living standards. Yet, Australia’s productivity growth has slowed markedly in a world shaped by digital disruption, demographic shifts, and climate imperatives. Since then, the urgency has only grown. As Australia stands at crossroads, facing a once-in-a-generation economic transformation, the question is no longer whether reform is needed, but what shape it should take. Here, we explore the evolving nature of productivity and outline a path forward – one grounded in policy coherence, strategic…
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28 Sep 2025 Family businesses are often viewed through a lens of nostalgia and pride, i.e. symbols of resilience, continuity, and generational wisdom. Yet, beneath the surface of shared surnames and inherited boardroom seats lies a complex interplay of emotional ties, strategic decisions, and competing priorities. The truth is simple but profound: family businesses carry as many risks as they do rewards. And that is precisely why a family business constitution is a necessity. Understanding the Interplay: Family and Business Impacts One of the most effective exercises to conduct with families in business is to identify the positive and negative…
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Australia stands at a pivotal juncture in its climate journey. As the world intensifies efforts to limit global warming, Australia’s commitments under the Paris Agreement and subsequent national targets demand a transformation across its energy, transport, and industrial sectors. Here, we explore the country’s progress, the multifaceted challenges ahead, and the coordinated interventions required to accelerate decarbonisation, offering practical recommendations for the next decade. The Imperative for Action Australia’s climate ambitions are clear: achieve net zero emissions by 2050, with significant reductions by 2030. Meeting these targets is not only a matter of policy, it is a national imperative, requiring…