Time for a business ideas factory

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After more than a decade of failed advocacy for economic reform, it’s time for business to do the hard yards of policy work on ideas that can be implemented.

The prospect of the eighth successive federal election without either party offering any serious economic reform is a wake-up call for business.

Business has to build a constituency for change and once that has happened it should come to the government with proof it can work with good polling results from reputable pollsters. Business is at the forefront of the mega-trends changing society including dealing with the convergence of technology, entertainment, finance and data analytics.

For example, there are clearly sovereign risks from our big four banks having about 80 per cent of their cloud storage with two companies.

 

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Business has played party politics and has been part of the problem. No bouquets for LNP apologists.

If the rorting stops there’d be plenty of money

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