Competitive Economy

Business Council statement on Brexit vote

“Australian businesses are carefully monitoring global markets, following the British decision to leave the EU last week,” Business Council chief executive Jennifer Westacott said. “While the underlying fundamentals of Australia’s...

Submission to the Australian Consumer Law Review

This is the Business Council of Australia’s submission to the Australian Government Consumer Affairs Australia and New Zealand’s Issues Paper consulting on the Australian Consumer Law (ACL) Review.The Business Council...

Business Council statement on the 2016-17 federal budget

 “The 2016-17 Federal Budget is a solid, responsible budget that balances holding the line on spending growth with new initiatives to improve the nation’s economic growth prospects,” Business Council Chief...

Business Council statement on measures to bolster ASIC

“The government’s package announced today to bolster the Australian Securities and Investment Commission (ASIC) is a sensible and measured approach to enhancing financial services regulation,” Business Council Chief Executive Jennifer...

Statement on the Australia–China CEO roundtable

“Australian and Chinese business leaders agreed that continued deepening of their relationships and cooperation was essential to successfully navigate the economic transition underway in both countries,” Australia’s Co-Chair of the...

Australians deserve a balanced debate on company tax

“Australians want a stronger economy that can meet global challenges and deliver opportunity, jobs and wages. That’s why they deserve a balanced debate on company income tax,” Business Council Chief...

Royal Commission unwarranted and risky

Establishing a Royal Commission into financial services when there is already robust regulatory oversight in place risks undermining confidence at a critical time in the economic cycle, and could have...