Media Releases

"Ai Group supports the infrastructure-focused South Australian State Budget delivered by Treasurer Rob Lucas today," Ai Group SA Head, Steve Myatt, said.

"The NSW Government has delivered a solid Budget that is strongly geared towards supporting long-term growth objectives. Modest and ongoing surplus projections and no state debt are rewards for the hard work of structural change combined with innovative approaches to policy and service delivery," Ai Group NSW Head, Mark Goodsell, said today.

"The Australian Industry Group will be looking to tomorrow's NSW Budget to deliver a range of policy priorities critical to building the productive capacity of the state and delivering lasting benefits for the State’s industry, workforce and community,” Ai Group NSW Head Mark Goodsell said today.

"Ai Group calls on the South Australian Government not to impose employment and investment-destroying taxes in Tuesday's State Budget," Ai Group South Australia State Head, Stephen Myatt, said today.

"It is pleasing to see that sanity has finally prevailed in the decision-making process on the Adani mine," Australian Industry Group Queensland Head Shane Rodgers said today.

"The Queensland State Budget released today is a mixed bag for business," Australian Industry Group Queensland Head, Shane Rodgers, said today.

A peak industry group has called on the Queensland Government to deliver a budget that gives companies the opportunity to flourish and create jobs for the "new world".

The Australian Industry Group/Housing Industry Association Australian Performance of Construction Index (Australian PCI®) dropped a further 2.2 points to 40.4 in May – a ninth consecutive month of contraction and its steepest rate of decline in six years (readings below 50 indicate contraction in activity, with the distance from 50 indicating the strength of the decrease).

The Australian Industry Group Australian Performance of Services Index (Australian PSI®) rose by 6.0 points to 52.5 in May – the first month of positive results for the services sector in 2019 after four months of contractionary conditions (results below 50 points indicate contraction, with the distance from 50 points indicating the strength of the decrease).

"The RBA's reduction in the cash rate to historic lows reflects the clearly slowing momentum in the broader economy and in particular in the labour market. Businesses and households will be looking to lenders to pass on the rate cut to borrowers in full and this would help deliver the maximum benefit for the economy as a whole," Innes Willox, Chief Executive, Australian Industry Group, said today.