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ACCI is Australia’s largest and most representative business network and is a sought-after national voice of business in the media.

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Business relieved with interest rates remaining on hold  

Businesses across Australia will rest easier following the decision by the Reserve Bank to hold the cash rate at 4.1 per cent.  “The decisions by Reserve Bank to hold interest rates at the last three meetings have been the right ones. The earlier rate rises are clearly having an impact,” ACCI chief executive officer Andrew […]

5 Sep 2023

Parliament must oppose anti-job legislation

Legislation introduced to parliament today will be bad for productivity, those wanting to be their own boss, and consumers struggling with the cost-of-living crisis. “The only winners in this are union chiefs. The only loophole this bad legislation is looking to close is that of plummeting union membership,” ACCI chief executive officer Andrew McKellar said. […]

4 Sep 2023

Government seriously confused on IR

One day before major industrial relations legislation is to be introduced into parliament, the government is in a state of serious confusion about how it will operate. This morning on ABC Insiders, Minister for Workplace Relations Tony Burke gave conflicting answers as to how the legislation would operate regarding the gig economy. After saying that […]

3 Sep 2023

An alarm bell for electricity supply shortfalls this summer

The warning bell has today been sounded on the risks facing Australia’s energy market transition.  “We are walking blindly into an energy crisis of our own making,” ACCI chief executive officer Andrew McKellar said.  Despite a substantial increase (3.4 GW) in new electricity generation capacity being added in 2023, electricity supply shortfalls are likely in […]

31 Aug 2023

Laws will quash right of Australians to be their own boss

The right of Australians to maximise their pay by being their own boss will be quashed by laws designed to stamp out the long-standing Australian practice of independent contracting. “Under this proposal, it is the union’s way or the highway. It would be a devastating blow to ambitious Australians who want to determine their own […]

31 Aug 2023

More complexity will only hinder payment of wages

  You may have noticed a number of high-profile employers admitting they have underpaid their employees. The Reserve Bank, the ABC, various large corporates, law firm Maurice Blackburn and, last week, the Department of Employment and Workplace Relations confessed to staff underpayments. We need to ask the question: what is going on here? There has […]

31 Aug 2023

Relief for businesses and consumers as inflation falls below expectations

Today’s release provides clear evidence that inflationary pressures are beginning to moderate. The consumer price index fell to a 12-month low of 4.9 per cent in July, down sharply from 5.4 per cent in June. “Business and consumers can feel a sense of relief, with inflation continuing to fall in July,” ACCI chief executive officer Andrew […]

30 Aug 2023

Another loss for policymaking with more sunlight blocked

  Good quality policymaking by ministers requires frank and fearless advice from public servants. One sure-fire way to bring about bad policy decisions is to wind back the ability of independent public servants to provide such advice. Regrettably, a recent decision taken by national cabinet will directly impair the ability of the public service to […]

28 Aug 2023