Productivity is the word of the week, dominating the lead-up to Treasurer Jim Chalmers’ Economic Reform Roundtable. 

Even the RBA’s rate cut - which had the Treasurer metaphorically dancing in the aisles - was quickly overshadowed by a warning from the RBA Governor: Australia’s productivity is falling faster than forecast. It’s shaping up as a summit with big stakes - and behind the scenes, there’s been a quiet tug of war over who owns it. Is this Anthony Albanese's policy agenda, or Jim Chalmers’ political stage?

All of that comes off the back of an historic announcement from the Prime Minister to begin the week - Australia will formally recognise Palestinian statehood, triggering diplomatic ripples at home and abroad.

Patricia Karvelas and Fran Kelly are joined by Melissa Clarke, Radio National Breakfast political correspondent on The Party Room.

Got a burning question?

Got a burning political query? Send a short voice recording to PK and Fran for Question Time at [email protected]