Australia's 'dumb luck' about to run out with economy on the brink of collapse

Australia's 'dumb luck' about to run out with economy on the brink of collapse

I RECENTLY watched the federal treasurer, Scott Morrison, proudly proclaim that Australia was in "surprisingly good shape".

Indeed, Australia has just snatched the world record from the Netherlands, achieving its 104th quarter of growth without a recession, making this achievement the longest streak for any OECD country since 1...

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ACTION NEEDED ON GENDER DIVERSITY THIS AGM SEASON

ACTION NEEDED ON GENDER DIVERSITY THIS AGM SEASON

PROGRESS towards achieving 30% female representation across ASX 200 Boards has stalled according to a new report released today by the Australian Institute of Company Directors. The percentage of female directors across the ASX 200 has risen dramatically since 2009 when it stood at just 8.3%. However, the AICD's Quarterly Gender d...

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FACTS MATTER IN TAX REFORM DEBATE

FACTS MATTER IN TAX REFORM DEBATE

Politicians can have differing opinions in the company tax debate, but they shouldn't mislead the public about the facts," Business Council chief executive Jennifer Westacott said after Opposition Leader Bill Shorten today repeated his patently untrue claim that company tax reductions 'impede growth'. The Opposition Leade...

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JENNIFER WESTACOTT ON BANK TAX: IT EXPOSES GOVERNMENT "DESPERATION"

JENNIFER WESTACOTT ON BANK TAX: IT EXPOSES GOVERNMENT "DESPERATION"

South Australia's new bank levy exposes the desperation of a government that is unable to get its own budget and spending under control. 

The confused rationales for the tax are risible, and the knee-jerk approach to whacking job-creating businesses with ever higher taxes demonstrates how bereft we are becoming of good leadership.

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WAGE INCREASE 'DEVASTATING' FOR AUSSIE RETAILERS, SAYS ARA

WAGE INCREASE 'DEVASTATING' FOR AUSSIE RETAILERS, SAYS ARA

THE Australian Retailers Association (ARA) says it is extremely concerned by the national minimum wage increase of 3.3 per cent announced today by the Fair Work Commission (FWC).

The ARA is concerned the increased margin will stifle jobs growth within the retail sector and be extremely harmful to the growth and stability of the industry.

A...

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