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Jennifer Westacott

Remove business investment roadblocks to power recovery

A 20 per cent broad-based tax allowance would help unleash company balance sheets to grow the recovery and jobs.

I’m always astounded when people ask “so, why should companies invest? What difference does it make? Why should big companies invest?’’

With last week’s budget update laying bare the enormity of Australia’s economic challenge, it’s important we address the factors driving the collapse in business investment.

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Jennifer Westacott is chief executive of the Business Council of Australia.

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    Original URL: https://www.afr.com/policy/tax-and-super/remove-business-investment-roadblocks-20200728-p55g6p