Greater social inclusion can lift GDP by billions: Deloitte

A new report argues that a stronger focus on social inclusion has the potential to lift the nation’s GDP by almost $12.7 billion a year.

A new report by Deloitte argues that a stronger focus on social inclusion has the potential to lift the nation’s GDP by almost $12.7 billion a year. Source: Getty Images

Australia’s productivity has weakened in recent years, growing by an average of 1.1 per cent - below the long-run average of 1.5 per cent.

A new report by Deloitte, commissioned by SBS, argues that a stronger focus on social inclusion has the potential to lift the nation’s GDP by almost $12.7 billion a year.

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