Original article by Jacob Greber
The Australian Financial Review – Page: 8 : 24-May-18
Australia has risen from 21st to 19th in the International Institute for Management Development’s latest "World Competitiveness Yearbook". The IMD has attributed Australia’s improved global competitiveness to factors such as population growth, a stable exchange rate and a strong investment environment. However, Committee for Economic Development of Australia CEO Melinda Cilento notes that the nation is still underperforming with regard to metrics such as productivity and tax rates.
INTERNATIONAL INSTITUTE FOR MANAGEMENT DEVELOPMENT, COMMITTEE FOR ECONOMIC DEVELOPMENT OF AUSTRALIA