Business Productivity

Mr Fletcher asked:

Can the Minister indicate the source of the claim Mr Rudd made in a press statement on 7 April 2009: 'It has been estimated that innovation from information and communications technology is the biggest driver of business productivity. It drives 78 per cent of productivity gains in service business and 85 per cent in manufacturing'.

Mr Albanese responded:

The statement made by Mr Rudd on 7 April 2009 is sourced from two reports in the series Macro Studies on the Influence of ICT on Australian Productivity Growth:—Productivity growth in service industries (2005) and Productivity growth in Australian manufacturing (2004).