Slowing Productivity Holding ASX Listed Companies Back
By Dale Gillham
General Advice Disclaimer
General Advice Disclaimer
This article is for general educational purposes only and does not take into account your personal financial circumstances, objectives or needs. Before making any investment decisions, consider your individual circumstances and seek independent financial advice if necessary.
In this week’s Talking Wealth Podcast, Dale discusses Federal Treasurer Josh Frydenburg’s comments that were made last week in relation to slowing productivity, share buy backs and capital returns.
Something needs to change given that productivity growth in Australia is down from 1.5 per cent to just above 1.1 per cent over the last five years, which is holding ASX listed companies back from making bigger profits.
