The Business Council of Australia quits the Economic Inclusion Advisory Committee after big-spending budget demands

Australia News News

The Business Council of Australia quits the Economic Inclusion Advisory Committee after big-spending budget demands
Australia Latest News,Australia Headlines
  • 📰 FinancialReview
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 90%

The Business Council, representing top 100 CEOs, has left the government’s Economic Inclusion Advisory Committee, arguing it put insufficient priority on workforce participation.

in the belief it placed insufficient priority on workforce participation and was too focused on big-spending measures.

“We’re increasingly seeing that the voice of economics in this country is being driven by a smaller and smaller group of people, and most of them are associated with the unions, whether it be the Fair Work Commission, or whether it be ,” she said. Part of its charter is to have “regard to the government’s fiscal strategy, existing government policies, and the long-term sustainability of the social security system”, but the council did not feel this was given sufficient regard.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

FinancialReview /  🏆 2. in AU

Australia Latest News, Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Government releases business case for NT AFL team, spruiking $116 million-a-year economic boostGovernment releases business case for NT AFL team, spruiking $116 million-a-year economic boostA business case for the creation of an NT AFL side has been released, saying any team would need federal government support but arguing it would boost the territory's economy by $116 million each year and improve liveability, health and social outcomes.
Read more »

Business Council of Australia CEO Bran Black and Council of Small Business of Australia CEO Luke Achterstraat team upBusiness Council of Australia CEO Bran Black and Council of Small Business of Australia CEO Luke Achterstraat team upBran Black and Luke Achterstraat represent business at the opposite ends of the spectrum but are determined to present a united front in Canberra.
Read more »

Kylie Kwong quits restaurant business, adding to growing list of high-profile eateries to closeKylie Kwong quits restaurant business, adding to growing list of high-profile eateries to closeSydney chef to close Lucky Kwong, saying she wants to focus on ‘sharing other people’s stories’
Read more »

Productivity: Australia needs to relearn the economic reform lessons taught to GreeceProductivity: Australia needs to relearn the economic reform lessons taught to GreeceWe used to know that good policy leads to good outcomes, during the era of productivity-enhancing reform. Now political short-termism holds sway.
Read more »

Laura Tingle examines the Opposition’s economic visionLaura Tingle examines the Opposition’s economic visionSarah Ferguson presents Australia's premier daily current affairs program, delivering agenda-setting public affairs journalism and interviews that hold the powerful to account. Plus political analysis from Laura Tingle.
Read more »

Wastewater drug monitoring finds the wealthy drink more than lower socio-economic counterpartsWastewater drug monitoring finds the wealthy drink more than lower socio-economic counterpartsThe richest quartile of Australians drink 33.8 per cent more alcohol than the poorest quartile, the wastewater study finds.
Read more »



Render Time: 2025-02-16 10:49:13