Efficient Regulation Committee

Ross Barker – Australian Foundation Investment Company
Marius Kloppers – BHP Billiton
Rob McLeod –  Ernst & Young
John O’Sullivan – Credit Suisse (Australia) Ltd
David Peever – Rio Tinto Australia
Andrew Reitzer – Metcash Limited

Australia stands on the threshold of an exciting new era of growth. With the right policy settings, we can secure the ongoing growth of our economy for the benefit of all Australians.

Sound policy reforms by successive governments at the federal level have opened up trade and finance, promoted workplace flexibility and cooperation, reduced both personal and corporate income tax rates and promoted competition between businesses.

They have enhanced Australia’s productive capacity, delivering more jobs and higher incomes.

The BCA’s Business Reform Task Force works to influence government policy so that it protects and builds on Australia’s advantages.

This includes making sure regulations that affect businesses are sensible and streamlined across the country.

We advocate major changes to our tax system to further encourage business to invest and individual Australians to work and save.

Priorities

• Lead the debate on tax reform by developing a greater understanding and consensus around the benefits of lower personal income and company taxes, greater reliance on broad-based consumption taxes and the removal of inefficient state taxes.
  
• Inform and influence COAG to better prioritise its agenda and deliver the microeconomic reforms needed to enhance Australia’s productivity while addressing community concerns about living conditions.
  
• Hold governments to their commitment to follow world best practice in creating and changing business regulation, ensuring it is based on evidence that there’s actually a problem and that regulation is the best way to deal with it.

 The BCA Secretariat contact for the task force is Peter Crone, Director Policy.