Business Council chief says employers looking to invest overseas due to industrial relations changes

Business Council of Australia chief Bran Black will criticise Prime Minister Anthony Albanese in a speech to be delivered at the group's annual dinner on Tuesday.

"The upshot is best illustrated by the fact that I now have members — major employers — who are actively choosing to invest overseas rather than in Australia," he said, without naming the companies.Mr Black, who heads an organisation that represents the biggest mining, banking, supermarket, energy and agriculture employers, joins other business leaders

"Instead of taking the big steps on the things that matter, we are taking incremental — but noticeable — steps backwards. He will also note the government's intergenerational report has predictions of declining living standards, runaway growth in budget deficits and public debt that will fall on future generations.

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