About the Discussion Paper
The NSW Productivity Commissioner has released a Discussion Paper titled Kickstarting the productivity conversation, the first in a series of papers to shape the productivity reform agenda for New South Wales.
The Discussion Paper aims to commence a conversation about how the NSW Government can best support continued growth in living standards in the years ahead, recognising that higher productivity growth is key to ensuring this.
The Discussion Paper identifies six priority areas with potential to boost productivity in New South Wales:
- Building human capital for a modern and evolving economy
- Reliable, sustainable and productive use of our water and energy
- Smart ways to get more from our infrastructure
- Modernising our tax system to help our economy grow
- Planning for the housing we want and the jobs we need, and
- Forward looking regulation to support competition and innovation.
The media release can be downloaded here.
Consultations and Submissions
After the Discussion Paper was released in October 2019, the Office of the NSW Productivity Commissioner undertook consultations to hear what stakeholders and the community have to say about productivity. Discussions covered why we need to make changes, the long-term benefits, areas of immediate focus, and considerations in designing and implementing change. This feedback will be used to develop a Green Paper to be published in the first half of 2020, followed by release of a White Paper later in the year.
The NSW Productivity Commission ran a series of roundtables and meetings in late 2020, focusing on productivity issues relevant to human capital and skills, Western Sydney, water, energy, transport, infrastructure, social infrastructure, planning and regulation.
Also, 110 submissions were received by the Commission in response to the Discussion Paper. Non-confidential submissions can be found here
The Productivity Commissioner has received feedback on whether the right priorities have been identified and what policy options should be considered.
This feedback will inform the development of a Productivity Green Paper. Following a further round of consultation, final recommendations to improve productivity will be outlined in the Productivity White Paper later in 2020. The Government will then consider the White Paper recommendations and prepare a Government response.