(5 May 2025 – Australia) Australia’s largest enterprises are calling on the new incoming government to prioritise a productivity agenda that unlocks long-term economic growth and make tough decisions on workplace reform, overhaul the tax system and remove regulatory barriers.
Chief executives and chairs of the country’s biggest miners, banks, retailers, tech giants and superannuation funds are unanimous in their call for Labor to avoid squandering a strong mandate and embark on meaningful reform.
“One hopes the Labor government, now that it’s got a secure majority, might take some decisions that may be unpopular in the short-term, won’t suit everybody, but are in the long-term interests of the country. We need to work towards making sure overall productivity improvements are achieved, that’s not just industrial relations, it’s widespread tax reform and reform of regulation. Name-calling and personal attacks just don’t cut it” commented Wesfarmers Chairman Michael Chaney.