Living on borrowed time
The Business Council has released a discussion paper designed to kickstart a nationwide conversation about the best ways to shift Australia into the fast lane of growth.
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Business is vital for
a strong Australia
Employs 11 million of the 13 million Australians who work – 6 out of every 7 jobs.
Contributes about 80 per cent of Australia’s final economic output.
Pays $88 billion a year in company tax.
Activity between small, medium & large business is around $550 billion a year.
Responsible for Australia’s export income.
Over 5 million everyday Australians own shares in Australian companies.
Around $380 billion in everyday Australians’ superannuation investments are in Australian listed companies.
Vision

The Business Council of Australia strives for a stronger Australia.

Role

The Business Council will actively collaborate with other community and business groups, political leaders at all levels of government and engage directly with the community to achieve our vision and purpose.

Purpose

We work to ensure Australia is economically strong to support a fair, free and inclusive society for all Australians. Achieving this requires successful, well-run businesses that create meaningful jobs and inclusive work environments which reflect and are accountable to the broader Australian community.

The Business Council champions the role that responsible businesses play in generating sustainable economic growth and advocate for policy settings that are in the national interest.

Mission

We believe the role of business is to generate returns for shareholders over the medium to long term, and that doing this requires businesses to be good corporate citizens, and for big and small business to work together across our cities and regions.

This means to act in good faith, have products and services that are fit for market, represent those products fairly and balance the needs of all stakeholders and interests including employees, shareholders, customers, suppliers, the community and the environment.

Strong Australia Network
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The Biggies
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BizRebuild
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Australian supplier payment code
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What a Jobs Summit ‘win’ would look like

15 August 2022

This opinion article by Business Council chief executive Jennifer Westacott was first published in The Australian Financial Review on Monday 15 August 2022 The Jobs and Skills Summit is an...

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Australia must face monumental productivity challenge

3 August 2022

The Productivity Commission’s interim report confirms that the productivity growth that drives real wages is languishing at 60-year lows, Business Council chief executive Jennifer Westacott said. “This challenge is monumental...

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Business is not profiting at the expense of workers’ wages

8 August 2022

This opinion article by Business Council chief economist Stephen Walters was first published in The Australian Financial Review on Monday 8 August 2022 Who benefits most from a growing economy,...

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Statement from Business Council President Tim Reed on Jennifer Westacott appointment as WSU Chancellor

3 August 2022

I congratulate Jennifer on her appointment as Chancellor of Western Sydney University. This prestigious, honorary appointment is recognition of Jennifer’s incredible leadership on education and the transformation of Western Sydney....

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