‘Sensitive’ business unsure on Albanese teamwork pitch

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Corporate bosses including Whitehaven Coal’s Paul Flynn say Labor’s reform agenda is a negative for business so far.

, Mr Albanese said the government wanted business involved in design and detail of programs and policies, to achieve enduring and effective change.

“We have got the safeguard mechanism changes, that has turned into a carbon tax for our business, and so I think the compounding nature of these, it’s a little hard from a business perspective to say that this is a business-friendly platform that is being pursued.”“But when all this is directionally going to the negative, not to the positive, I can certainly understand why the business community is feeling a little sensitive from the government’s first year in business,” he said.

“Why at this very moment, when the pressures on the Australian economy are clearly increasing, when Australia’s future prosperity is at stake, would the government seek to introduce rigid, costly and complex industrial relations changes that will only stifle investment and hamper productivity?”

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