No time to lose: Business calls for action from new Prime Minister

24 Aug 2018 |

Australia’s largest business lobby group, the Australian Chamber of Commerce and Industry, today congratulates Scott Morrison on his appointment as Prime Minister of Australia, stating there is no time to lose to implement an agenda to address the obstacles facing business and to lift national productivity and competitiveness.

“After such a difficult period, it is time to bring Australia together to focus on a positive future. Business and the broader community need political stability and policy certainty to allow Australia to prosper,” Acting CEO of the Australian Chamber of Commerce and Industry, Jenny Lambert, said.

“Long-term policy must be put ahead of short-term politicking. Business and the broader community need political stability and policy certainty to allow Australia to prosper.

“Business know Mr Morrison well, having worked with him on migration, social services and most recently as Treasurer.

“His government needs to act with a sense of urgency and an appreciation of the long-term, to make Australia the best place in the world to do business – so that Australians can have the jobs, living standards, and opportunities to which they aspire.

“Business can create more jobs and be in a better position to afford wages growth, and the cost of living is more likely to ease, if the Government and the Parliament help us tackle the main obstacles in our way:

  1. Energy
    The new deputy leader of the Liberal Party, Josh Frydenberg is well placed to reboot the National Energy Guarantee, to provide investment certainty and put in place key proposals from the Australian Competition and Consumer Commission to cut energy costs.
  2. Tax
    Fast track tax cuts for small, medium and family businesses which have already been passed by Parliament, and provide greater incentives for investment and research and development.
  3. Workplace Relations
    Bring in laws to ensure the workplace relations system better supports competitiveness, delivers flexibility for both employers and employees, and is far simpler and more practical.
  4. Skills and Education
    Finalise arrangements with the states and territories on the Skilling Australians Fund to provide more apprenticeships; and increase investment in, and the profile of, Vocational Education and Training.
  5. Migration
    Encourage skilled migration to meet the needs of regional and urban communities and the businesses in them, and stop further cuts to the Skilled Migration Program.
  6. Infrastructure
    Build transport, communications and energy facilities to relieve congestion in our cities, to connect people in regional communities and urban centres to jobs and power up productivity growth.

“With an election due within a year, Australia needs Mr Morrison’s new Government to hit the ground running while recognising that national leadership is a long distance race, not a sprint.”

Duncan Bremner

Director - Public Affairs and Advocacy

P  |  0448 822 666

E  |  [email protected]

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