This is the Business Council of Australia’s budget submission for the 2020-21 budget. After a decade of deficits, Australia has finally balanced its budget. However, economic growth is slow and the nation continues to face global uncertainties. We, therefore, recommend...
The Business Council believes all Australians should be able to achieve their potential and welcomes the opportunity to make this submission to the Senate Community Affairs References Committee inquiry into the adequacy of Newstart and related payments and alternative mechanisms...
The Business Council supports reforms that will strengthen the integrity of Australia’s workplace laws so that everyone – business, workers and the community – can be confident that those laws will be observed and that breaches will attract appropriate consequences....
The Business Council believes that Australia’s resource tax arrangements, which include royalties and the Petroleum Resource Rent Tax (PRRT), have worked appropriately to date. The latest data from the Australian Petroleum Production & Exploration Association indicate that the oil and...
This is a joint Business Council and Corporate Tax Association submission to the Board of Taxation Review of the corporate tax residency consultation guide. Tax outcomes are important for attracting investment, and a competitive tax system should be complemented by...