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‘Chilling effect:’ Business heavyweights send an economic warning to Canberra

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Business titans said the rising populist tone in public debate is a danger to the economy as they faced Prime Minister Anthony Albanese at a high-powered event on Tuesday night.

Business heavyweights have sounded a warning about the economic dangers of populism, saying it threatens to corrode trust in key institutions and make it harder to achieve much-needed policy reforms.

Comyn said politics should be a contest of ideas, but policy discussion should be “fact-based” and in the long-term interests of Australia and the economy. Comyn said Australia had a “good history and track record of trust and confidence” and this had served the nation well, and it was important this trust was not lost. Later, after Albanese’s speech, Comyn said he thought the Prime Minister hadRob Scott, Managing Director of Wesfarmers , and Charles Graham, Chairman of Musica Viva Australia .

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Nederland Laatste Nieuws, Nederland Headlines

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Big business faces down Canberra’s ‘insidious’ populist policiesCommonwealth Bank chief Matt Comyn has warned “performative” attacks is eroding trust, highlighting the rising tensions between MPs and corporate Australia.
Bron: FinancialReview - 🏆 2. / 90 Lees verder »