Business Council of Australia

Business Council of Australia Authorised by W. Black, Business Council of Australia, Melbourne.

We work to ensure Australia is economically strong to support a fair, free and inclusive society for all Australians. Achieving this requires successful, well-run businesses that create meaningful jobs and inclusive work environments which reflect and are accountable to the broader Australian community. The Business Council champions the role that responsible businesses play in generating sustaina

ble economic growth and advocates for policy settings that are in the national interest. We believe the role of business is to generate returns for shareholders over the medium to long term, and that doing this requires businesses to be good corporate citizens, and for big and small business to work together across our cities and regions. This means to act in good faith, have products and services that are fit for market, represent those products fairly and balance the needs of all stakeholders and interests including employees, shareholders, customers, suppliers, the community and the environment. The Business Council will actively collaborate with other community and business groups, political leaders at all levels of government and engage directly with the community to achieve our vision and purpose. Our online community guidelines can be found at: https://www.bca.com.au/privacy_policy_and_website_terms_of_use

New polling shows NSW voters are sending a clear signal on the Digital Work Systems Bill, with strong concerns about dat...
10/02/2026

New polling shows NSW voters are sending a clear signal on the Digital Work Systems Bill, with strong concerns about data security, workplace privacy and who should be trusted with access to sensitive systems.

Key findings from the CT Group poll of more than 1,000 NSW voters:
- 75% are worried about data breaches and personal information being exposed
- 61% believe that role should sit with government regulators
- Only 5% prefer unions to investigate workplace technology

Workers and employees expect their personal and workplace data to be protected, not opened up to broad union access.

We’re urging the NSW Government to listen to the public and amend the Bill to put clear guardrails around data access, protect privacy, and avoid unintended consequences for jobs and investment.

🔗 Read more here: https://bit.ly/4rMI8ZS

In The Australian today, Bran Black writes on the need for a more urgent approach to the Australian productivity challen...
19/11/2024

In The Australian today, Bran Black writes on the need for a more urgent approach to the Australian productivity challenge:

"There are ‘no free lunches’ and we must be able to produce more with what we have if we are to sustain growing wages and national prosperity."

This piece accompanies the launch of the BCA's latest report, 'Australia's flagging competitiveness and productivity'.

See the full opinion piece linked below: https://bit.ly/3AENGkj

The BCA has launched our new productivity report, ‘Australia’s flagging competitiveness and productivity’.This report fo...
19/11/2024

The BCA has launched our new productivity report, ‘Australia’s flagging competitiveness and productivity’.

This report found that it is becoming harder for Australia to attract investment, ultimately hurting our economy and productivity growth.

Currently at an annualised rate of 0.5 per cent, Australia’s productivity growth would need to quadruple to around two per cent each year by 2030 just to match our performance last decade.

The most recent Intergenerational Report assumes that annualised productivity growth to 2030 will be 1.2 per cent, which is more than double the current annual rate of 0.5 per cent.

We need to urgently address this significant gap and supercharge productivity growth.

This means:
👉Streamlining and removing regulatory red tape to make it easier to do business
👉Reversing recent workplace laws that are a handbrake on productivity growth
👉Undertaking education reforms to enhance workplace skills and capabilities
👉Reforming our taxation system to better support business investment
👉Supporting increased research and development along with the uptake of new technologies.

Failure to address Australia’s productivity challenge will result in poorer households and lower living standards.

Governments should be alarmed by these findings, however through robust reform we can reverse this trend and boost productivity.

You can read more here: https://bit.ly/3ZcVe78

The September quarter wage price index was released on Wednesday. Here’s what we know:📊Wages growth lowest since Decembe...
15/11/2024

The September quarter wage price index was released on Wednesday. Here’s what we know:

📊Wages growth lowest since December quarter 2022

The wage price index rose 0.8 per cent over the September quarter and 3.5 per cent over the year compared to 4.1 per cent in the June quarter.

This was slightly softer than market expectations for a 0.9 per cent quarterly increase and the slowest wages growth at an annual rate since the December quarter 2022.
👉 Private sector wages rose 0.8 per cent over the quarter and 3.5 per cent over the year.
👉 Public sector wages rose 0.8 per cent over the quarter and 3.7 per cent over the year.

📊Wages growth driven by individual agreements

Jobs covered by individual agreements contributed 0.59 of a percentage point or just over half of the overall increase in wages in the September quarter in original terms.

Enterprise agreements contributed 0.46 of a percentage point.

Awards contributed 0.36 of a percentage point in original terms to quarterly wages growth.

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