Media Releases June 2018

"The decision of the Shadow Cabinet to recognise the deep concerns of the business community and to now support company tax reductions for businesses with turnovers of less than $50 million a year, is welcome," Ai Group Chief Executive, Innes Willox, said today.

"Ai Group congratulates BAE Systems for winning the Future Frigate tender and welcomes the maintenance and development of local capability in the project," Ai Group Chief Executive, Innes Willox, said today.

"While disappointed that the plan to phase in a reduction in the company tax rate to 25% over the coming decade has not attracted sufficient support to be put to the Senate in this current session, we are heartened by the Government's commitment to stick to its guns and renew its efforts in the months ahead to enact this important program," Ai Group Chief Executive, Innes Willox said today.

"Ai Group welcomes today’s publication of an important new Standard relating to the critical area of electrical equipment.  The Australian-New Zealand Standard (AS/NZ 3000:2018  Electrical Wiring Rules) is the most significant review of the Code in over two decades," Ai Group, Chief Executive, Innes Willox, said today.

"The unfortunate confirmation that if elected Labor would increase taxes on small and medium-sized businesses with turnovers of between $10 and $50 million a year, ignores the realities of the competitive environment facing Australian businesses and their workforces," Ai Group Chief Executive, Innes Willox, said today.

"The Australian Industry Group congratulates Sandra Parker on her appointment as the Fair Work Ombudsman," Ai Group Chief Executive, Innes Willox, said today.

In welcoming the personal income tax cuts passed by the Senate today, Innes Willox, Chief Executive of the Australian Industry Group, said: "The staged program of changes to personal income tax enacted today will put more income in the hands of Australian households and will improve the rewards from working, saving and investing for most taxpayers. It will boost the economy both by lifting household spending and by sharpening the incentives to engage in productive activities.

"There is no place for sexual harassment in the workplace and the National Inquiry announced today by the Sex Discrimination Commissioner will hopefully provide further advice for employers on best practice strategies to create safe and harmonious workplaces," Ai Group Chief Executive, Innes Willox, said today.

"The NSW Government has delivered a solid Budget built on the dividends from past decisions on asset recycling and expense management. We particularly welcome the Government's decision to lift the payroll tax threshold for NSW businesses with a view to promoting growth and creating jobs," Ai Group NSW Head, Mark Goodsell, said today.

The Australian Industry Group has today released a research paper which again debunks the persistent myth perpetrated by the ACTU that job insecurity and casualisation of work are increasing in Australia.