Australia needs to undertake a suite of policy reforms to help us grow our economy and national wealth, create the jobs of the future, put in place the right incentives for work, and ensure that all Australians have the knowledge and skills to be successful in the 21st century.
We need to cultivate a business environment and modern labour market that offer people rewarding work, and a culture that fosters high-performing workplaces. By unlocking the potential of people and workplaces, Australia can become an innovative and knowledge-driven economy.
An effective tax system is an essential ingredient for growth because it can encourage people and businesses to take risks, invest and innovate. But we rely too much on taxes that discourage people from working harding and saving for their retirement.
The Business Council's jobs policy agenda is focused on creating the right policy settings to achieve this, including:
Tax reform to better support economic growht, job creation, and workforce participation