Treasurer turns to AI for potential productivity boost amid economic challenges

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Amidst a backdrop of falling productivity and a projected cash rate increase to 4.85 per cent, Chalmers pointed to AI as a potential catalyst for productivity enhancement.

Amidst a backdrop of falling productivity and a projected cash rate increase of 5 per cent, Chalmers pointed to AI as a potential catalyst for productivity enhancement.

However, Finance Minister Katy Gallagher concedes that substantial economic restructuring could take longer than 12 months, perhaps even years.

 

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