Business Council demands 20% investment allowance

The Business Council of Australia (BCA) has called for the introduction of an investment allowance of 20% for all businesses as part of the nation’s recovery from the COVID-19 pandemic.

BCA CEO Jennifer Westacott and board member Alison Watkins argue that about two million new jobs will need to be created, adding that it will be up to the business sector to generate these jobs:

“The economic recovery task ahead of us is bigger than anything the nation has had to confront since the Second World War. So too are the opportunities”…

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