“We Could Be Great” – Business Council Plan For Australia’s Prosperity

Tony ShepherdThe President of the Business Council of Australia, Tony Shepherd, has delivered a speech calling for more imaginative leadership and offering “a plan to lock in Australia’s prosperity”.

Shepherd said Australians “are beginning to lack confidence in the future and in our economy”. Many Australians are “doing it tough”. He suggested “the feeling of optimism and clarity that characterised Australia through my childhood” was on on the wane.

“But Australians are waiting for the call, the vision for the future and the plan that’s going to help us get there.”

Shepherd offered a wide-ranging plan covering infrastructure, taxation, population and immigration, and engagement with Asia.

The BCA represents around 100 of Australia’s largest companies. Shepherd gave the speech to the Australia-Israel Chamber of Commerce in Sydney. [Read more…]


Business Council Calls For New Commonwealth-States Contract

The Business Council of Australia has released a report proposing reforms to the Australian federal system.

The BCA says in the report: “In the past, the debate has been mainly framed around political and constitutional reasons for change. The extent of the problems and dysfunctions of the current system of federal–state relations – marked by a lack of consensus on national goals and consistent forward planning – is such that it has become a major barrier to future prosperity. The challenge of reforming federalism has now become an economic imperative. Currently, Australia has a system where the lines of responsibilities between the Commonwealth and the states have become chronically blurred and confused. We have a system in which, because of a growing lack of transparency and accountability, the quantity of government has taken precedence over quality.

“As the world becomes more complex and increasingly requires decision making that anticipates rather than reacts to 21st-century challenges, Australia needs a system of government that can manage issues critical to the future of the nation through collaboration and cooperation. It is time for a new contract between the Commonwealth and the States.”

The Business Council of Australia represents the Chief Executives of 100 of Australia’s largest companies.


Business Council Lobbies On Infrastructure

The Business Council of Australia has produced a position paper calling for action on Australia’s infrastructure.

The paper appears at the bottom of this page.

This is the text of an article by Rod Pearse, chairman of the Business Council of Australia’s Sustainable Growth Taskforce and chief executive of Boral Limited. It was published in The Australian on March 28, 2005.

We can avert a crisis and seize opportunities

Much has been said recently about how Australia can lock in its economic success. The country’s outstanding economic performance during the past decade has delivered enormous benefits. Substantial improvements in average incomes, high employment, low interest rates, low inflation and record highs in consumer and business confidence are just some of the tangible benefits. [Read more…]