Economy dashboard · Growth & living standards
As at 13 October 2026 · official data unless labelled
Labour productivity (GDP per hour worked), annual growth
What the numbers are telling us
Labour productivity (GDP per hour worked), annual growth was -0.2% in the June quarter 2026, down 0.4 pts on the previous reading (0.2%).
The benchmark is Treasury's long-run productivity assumption (1.2% a year). The latest reading is 1.4 pts below it.
It is below its 10-year average of 0.24%, which is a worse reading than usual.
Why it matters
Productivity growth is what lets wages rise without adding to inflation, and the main source of long-run income growth.
What it should be
Treasury's long-run productivity assumption (1.2% a year). Australian Treasury, 2026 Intergenerational Report.
Every figure on this page is calculated from the stored official series (ABS, ANA_AGG (derived)); the summary is written from the numbers, not edited by hand.