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Profit-bashing won’t help Australians become better off, CEOs warn

Politicians and regulators going after big business was one of the features of 2024. Has it gone too far, and if so, what can be done to restore the balance?

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Chanticleer columnists James Thomson and Anthony Macdonald asked Australia’s top CEOs whether profit had become a dirty word and if the pressure on big business from governments and regulators had gone too far. If so, how would they restore the balance? Here’s what they said.

Vanessa Hudson, Qantas

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James Thomson is senior Chanticleer columnist based in Melbourne. He was the Companies editor and editor of BRW Magazine. Connect with James on Twitter. Email James at j.thomson@afr.com
Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com

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    Original URL: https://www.afr.com/chanticleer/profit-bashing-won-t-help-australians-become-better-off-ceos-warn-20241211-p5kxqx