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flag Australia's top central bank official warns of persistent low growth unless major reforms in labor, infrastructure, and innovation are made.

flag A senior Reserve Bank of Australia official has outlined potential strategies for boosting the nation's sluggish economic growth, emphasizing the need for structural reforms and increased productivity. flag The official highlighted that without significant changes to labor markets, infrastructure, and innovation, the economy may remain stuck in a low-growth trajectory. flag While no specific policy measures were named, the remarks underscore growing concern over long-term stagnation and the urgency for coordinated action.

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