News Room Archive

2006 News Releases

Read news releases issued by the Business Council of Australia in 2006 here.

Read news releases from 2005.

Australia–Japan Free Trade Agreement Negotiations

The BCA welcomed the decision to commence negotiations on an Australia–Japan free trade agreement.
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New Research Reinforces the Need for Major Tax Reform

Urgent reform is needed to avoid Australia’s corporate tax burden climbing to levels not seen since business taxes were cut following the Ralph Review in 1999.
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Blueprint for Australia to Become the Innovative Country

A national innovation framework will help Australia meet the economic challenges of the 21st century.
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BCA Welcomes Boost to Australia’s Tax Competitiveness

Changes to Capital Gains Tax rules for non-resident investors which bring Australia into line with international practice.
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Business Outlines Its Priorities for an Australia–China FTA

1 November 2006: Australia’s leading companies have listed looser capital controls, eliminating restrictions on particular services and greater tax and decision-making transparency among priorities to be addressed in any free-trade agreement (FTA) with China
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Federal–State Relations at a Crossroads Says BCA

28 October 2006: The BCA has launched a 12-point plan for reform of Australia's federal–state relations.
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Trade Practices Breakthrough

19 October 2006: The BCA has welcomed the long-awaited passage of the Bill giving effect to many of the recommendations of the Dawson Committee's review of Australia's Trade Practices Act.
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BCA Backs Report on Workers with Caring Responsibilities

18 October 2006: The BCA strongly endorses a report of the Taskforce on Carers Costs (TOCC) that calls on the federal government to help workers with caring responsibilities remain in the workforce.
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BCA Welcomes New Skills and Education Package

12 October 2006: The BCA today welcomed the federal government’s announcement of a new skills and education package aimed at lifting the skill levels of mature age workers.
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More Urgency Needed to Fix Energy Bottlenecks Says BCA Submission

2 October 2006: Australia’s major companies have called for a number of major shortfalls in the nation’s electricity network to be addressed in a submission by the Business Council to the Council of Australian Governments’ new national energy reform group.
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Time to Fix Australia’s Urban and Rural Man-Made Water Problems

18 September 2006: Fixing the nation’s water supply system is achievable and would boost our economy by $9 billion, according to a new report released by the Business Council of Australia.
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Giant Step on Red Tape Reinforces Pressure on States

15 August 2006: The Business Council of Australia welcomes the final federal government response to the Banks Taskforce report on reducing business red tape as a giant step forward for Australia’s economic efficiency.
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Further Progress on Red Tape Welcome

14 August 2006: The BCA welcomes the announcement today by the Parliamentary Secretary to the Treasurer, the Hon. Chris Pearce MP, of a new round of improvements to business regulation and the proposal to introduce the Simpler Regulatory System Bill into Parliament.
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Doha Negotiations: Reforms Are Needed

25 July 2006: The collapse of the Doha Round of world trade negotiations is a severe blow for economic development and growth, not only for Australia but for the world.
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Good Start on Red Tape but More Progress Needed

Red tape reform promises will fall over unless governments and their agencies act swiftly and decisively to implement specific commitments made.
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BCA Welcomes Corporate Responsibility Recognition

More regulation and red tape is not the answer to encouraging greater corporate responsibility and reporting.
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Federal Budget: A Good Start to Tax Reform

9 May 2006: The BCA welcomed initiatives to enhance the competitiveness of Australia’s tax system in this year’s federal Budget, but more attention should have been focused on long-term structural reform to lock in current economic growth.
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Tax Competitiveness Report the Start of Reform, Not the End of Debate

The report into Australia’s tax competitiveness confirmed that key areas of Australia’s tax system are not competitive and need immediate reform.
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Federal Reforms Turn the Tide on Red Tape

Major reforms to red tape announced today by the federal government potentially signalled the start of a reversal of Australia’s regulatory blow-out.
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2006 Strategy Forum Sets BCA Focus For Next 12 Months

The annual strategy forum of the Business Council has recommitted the BCA to pursuing its ‘four reform steps’ agenda, with the emphasis over the next 12 months on making sure reform commitments made by governments over the past year are implemented in a timely way.
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Australia’s Tax System Must Be Put under ‘Permanent Watch’

Australia’s tax system needs to be put under ‘permanent watch’ to make sure it remains internationally competitive.
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Infrastructure Reform: Time for Action

Failing to improve infrastructure planning and development could cost Australia $10 billion a year in lost economic growth.
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New Focus Needed on Business Innovation

Many Australian innovation achievements go unrecognised because the fundamental concept of innovation is misunderstood.
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BCA Welcomes Tax Review

The government review into the competitiveness of Australia’s tax system is recognition of the centrality of tax to the country’s future prosperity.
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Improvements to Tax System Welcome: BCA

The introduction of measures to relieve the tax burden on skilled temporary residents is welcome.
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COAG Delivers Platform for Future Growth

COAG has today achieved some important breakthroughs for reform that should provide the platform for ongoing prosperity.
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2006: Year for Reform Action

If little progress is made in 2006, it will be several years before the opportunity to progress major reform arises again, BCA submission argues.
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