The BCA has lodged its submission to the government’s discussion paper Creeping Acquisitions – The Way Forward. The BCA considers that no compelling case has been made for new laws on creeping acquisitions. No economy-wide ‘problem’ of creeping acquisitions has...
This submission to the Senate Select Committee on the National Broadband Network highlights issues including that: Information and communications technologies (ICT) are important to improving labour productivity. The government’s National Broadband Network (NBN) proposal sets a laudable objective to increase...
The Business Council of Australia and Corporate Tax Association have jointly lodged a submission to the federal government on the taxation of employee share plans. The submission: Highlights how improved reporting arrangements could operate to improve compliance. Argues against the...
The government’s proposed National Broadband Network (NBN) will transform the wholesale market for broadband services. This submission draws upon the BCA’s infrastructure and better regulation agendas to make a set of high-level recommendations on future regulation in the telecommunications sector. The...
The BCA supports reform of the consumer protection laws in Australia, and in particular the development of a nationally consistent approach. However, draft national unfair contracts provisions proposed by the federal government represent a significant departure from previous considerations of...
The Business Council of Australia supports Australia being a party to the ASEAN–Australia–New Zealand Free Trade Area Agreement recently signed by the federal government Minister for Trade, Simon Crean. If the agreement is ratified and comes into force, it will...
The economic, social and environmental risks are substantial both if we take no action on global warming and if we take the wrong action. Australia should take a long-term and risk management approach to global warming which incorporates both mitigation...
The BCA is satisfied that, through a government–business consultation process, many issues within the Fair Work Bill appear to have been addressed. However, the BCA does have some concerns about the content of the Transitional Provisions Bill, including the delays that...
The BCA commends the government for its consultation on the issue of the meaning of ‘understanding’ in relation to the prohibitions against collusive conduct under the Trade Practices Act (TPA). In general, our view is that the existing legislation promotes...
The BCA commends the government for referring the issue of market integrity to the Corporations and Markets Advisory Committee for review. Regulatory intervention in markets should only occur where there is a clearly identifiable problem to be addressed, and the...