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‘Australia is falling behind’: 55 CEOs demand election action

James Thomson and Anthony Macdonald

Updated Dec 14, 2024 – 6.58am, first published at 5.00am

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Australia’s top chief executives, including Wesfarmers boss Rob Scott, Cochlear CEO Dig Howitt and Macquarie Group head Shemara Wikramanayake, say the next federal government must make the nation’s crippling regulatory burden and housing supply top priorities to boost investor confidence and rescue falling living standards.

“We need to acknowledge that the nation’s future economic success is inextricably linked to the success of Australian businesses,” Mr Scott told The Australian Financial Review’s annual Chanticleer CEO Poll.

James Thomson is senior Chanticleer columnist based in Melbourne. He was the Companies editor and editor of BRW Magazine.

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.