Improving vocational education and stopping local councils from getting in the way of small businesses are among key micro-economic reforms the Morrison government is considering to drive the economy out of the coronavirus shutdown.

Prime Minister Scott Morrison on Thursday said fresh ideas would be needed to boost economic growth, to help the government lift employment and pay down the record level of debt accrued during the pandemic.

He singled out the Productivity Commission's Shifting The Dial report, which he commissioned as Treasurer but has been largely ignored since its release in 2017.

The report contained a string of controversial policy prescriptions the commission estimated would deliver up to $80 billion a year in financial gains and grow the national economy, in line with Mr Morrison's stated aim to put in place "very pro-growth" policies.