Business chiefs confront PM for taking economy ‘backwards’

The nation’s business chiefs will confront Prime Minister Anthony Albanese over economic policy by warning Australia is sliding backwards because federal workplace rules are hurting employers, building corporate pressure on the government to change course before the election.

The business council will step up its warnings on the key election issue at its annual dinner for corporate chiefs on Tuesday night, with Albanese and Treasurer Jim Chalmers in the audience. Labor gained strong support from the union movement to bring in the multi-employer bargaining regime after the last election, raising industry fears that a single union could force the same wage deal on many different employers within the same sector.

Labor is defending its handling of the economy after growth fell to just 0.2 per cent in the June quarter, taking the annual rate down to 1 per cent – the weakest performance since the 1991 recession, apart from the pandemic.by the middle of next year, according to Reserve Bank forecasts, after steadily increasing from 3.5 per cent in the middle of last year.

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Council slaps Sydney business with ban notice over smell of brisketThe letter from council comes after a series of complaints by neighbours.
Herkunft: 9NewsAUS - 🏆 10. / 72 Weiterlesen »

Watt defends ‘heavy-handed’ industrial relations reforms as business council unleashesWorkplace Relations Minister Murray Watt has defended the Albanese government's new industrial relations reforms after businesses claimed the 'heavy-handed' changes would harm productivity and harm operations.
Herkunft: SkyNewsAust - 🏆 7. / 78 Weiterlesen »

How the Business Council of Australia lost its mojoThe peak body has been a fixture of power for much of its 41 years, but it is now at a crossroads to resurrect its influence.
Herkunft: FinancialReview - 🏆 2. / 90 Weiterlesen »

Belinda Carlisle: ‘We’ve gone backwards – and the industry is still run by men’The former Go-Go’s lead singer and solo artist on the rise of the tawdry in music, how to stave off career death – and where to find heaven on earth.
Herkunft: brisbanetimes - 🏆 13. / 67 Weiterlesen »