Television interview - News24 Newsday

Television interview - News24 Newsday Katie Saarikko Tue, 22/09/2026 - 06:23 TOM CONNELL, HOST: Let's go to our panel. Assistant Minister to the Prime Minister Patrick Gorman, and former Liberal MP Jason Falinski. Start with you, Pat. So, we're told our living standards will improve, wages as well, and the Budget will be okay, but that's if we get productivity going four times its current rate. So, if we miss that, we're going to be mired in debt, aren't we? PATRICK GORMAN, ASSISTANT MINISTER TO THE PRIME MINISTER: Well, it does outline what we see is the likely scenario heading over the next 40 years. That means a bigger country with more opportunities, but also a range of challenges. The Intergenerational Report very clearly outlines the opportunities and challenges of the rollout of artificial intelligence and what that will mean for our productivity. And it notes very clearly that that's essential for getting productivity up in this nation, which is something we've been working on since we came to office. I want to remind your viewers that there's a $10 billion red tape reduction package that came out of the Productivity Roundtable that we held last year. And then I'd also poin