Author: Etienne Oosthuysen
Etienne Oosthuysen
Etienne Oosthuysen, Chief Technology Officer, Australia, Synechron Etienne Oosthuysen is a Chief Technology Officer with expertise across data, AI, cloud and digital engineering. He operates at the intersection of technology strategy, client engagement and commercial outcomes, connecting capabilities across enterprise platforms to address complex challenges and shape cohesive solutions.
In early March, data from the Australian Bureau of Statistics showed something unexpected. After years of stagnation, Australia’s productivity is finally ticking up again. The surprising part isn’t the increase. It’s what’s driving it. Productivity or “gross domestic product per hour worked” was up one per cent over the year to December. Why was this a surprise? Well, it was the first time since before the COVID pandemic that Australian productivity had risen at this rate. And what was driving this change? Research from the economists at CBA suggests that the increased use of AI could help grow the economy by three per cent…