For once in my life I agree with Australia’s rent-seeking CEOs, at the AFR:
Australia’s top chief executives say the federal government must intervene to stimulate the economy through infrastructure spending and tax cuts, and have lamented the nation’s failure to properly tackle climate change and to develop a strong innovation policy.
While the nation’s business chiefs have backed the Morrison government’s efforts to cut red tape, respondents to The Australian Financial Review’s annual Chanticleer CEO survey believe more must be done to lift business confidence, including the introduction of a business investment allowance.
