COSBOA and BCA to host Business Debate

The Council of Small Business Organisations Australia (COSBOA) and the Business Council of Australia (BCA) will host a debate between Treasurer Jim Chalmers and Shadow Treasurer Angus Taylor ahead of the 3 May election.

To be held in Melbourne on 23 April, ‘The Business Debate – a plan for Australia’s economic future’ will be the first time during this election campaign that a debate is held directly with representatives from both small and large businesses.

Business Council of Australia Chief Executive Bran Black said it was imperative that both sides present a long-term plan for economic and productivity growth, in the interest of growing prosperity for all Australians.

“Rising global uncertainty means it is more important than ever that our political leaders present their economic vision to support small and large businesses to grow and generate prosperity,” Mr Black said.

“Around 80% of our economic output comes from businesses, and so if we’re to grow prosperity for all Australians and boost living standards, the test for both parties is whether they have a plan to support businesses to grow.”

COSBOA CEO Luke Achterstraat said small businesses were the backbone of the economy and he looked forward to co-hosting the debate.

“Small businesses employ over 5 million Australians but are often taken for granted and hidden in plain sight.”

“We anticipate this debate will provide constructive engagement to discuss the challenges and opportunities facing the Australian economy, and hope this becomes an annual fixture.”

“During uncertain economic times, dialogue and engagement between industry has never been more important.”

COSBOA has been advocating for tax reform and red tape reduction to help get small businesses back on their feet after a challenging period. Its Fair GO for Small Business campaign calls on all sides of politics to support policies that enable small businesses to thrive.

Key priorities include:

  • Reducing red tape and simplifying compliance.
  • Reforming the tax system to support growth and investment.
  • Delivering affordable and reliable energy.
  • Investing in skills, training and workforce development.
  • Supporting the mental health and wellbeing of small business owners.

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