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The Business Council of Australia quits the Economic Inclusion Advisory Committee after big-spending budget demands

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The Business Council, representing top 100 CEOs, has left the government’s Economic Inclusion Advisory Committee, arguing it put insufficient priority on workforce participation.

in the belief it placed insufficient priority on workforce participation and was too focused on big-spending measures.

“We’re increasingly seeing that the voice of economics in this country is being driven by a smaller and smaller group of people, and most of them are associated with the unions, whether it be the Fair Work Commission, or whether it be ,” she said. Part of its charter is to have “regard to the government’s fiscal strategy, existing government policies, and the long-term sustainability of the social security system”, but the council did not feel this was given sufficient regard.

 

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