Introducing rigidity in the tech sector will ‘scare away’ investment

Business News News

ACCI Chief of Policy and Advocacy David Alexander says the government building in rigidity to the technology sector through industrial relations reforms will “scare away” investment. “A critical part of these new tech platforms – they are a very important and dynamic part of our economy,” Mr Alexander said. Mr Alexander clarified the need to allow the gig economy and technology sector to “thrive”. “What they need is flexibility – you can see in America, they gather these enormous Silicon Valley tech firms because they’ve got enormous flexibility.' “You might think you’re doing a good thing, but in fact, you’re actually snuffing out parts of the industry.”