Results of the CEDA/Business Spectator Big Issues survey for 2013 show that priority areas for the Federal Government should be enhancing productivity, competitiveness and innovation and taxation reform.
Results of the CEDA/Business Spectator Big Issues survey for 2013 reveal that priority areas for the Federal Government should be enhancing productivity, competitiveness and innovation and taxation reform.
More than 70 per cent of respondents agreed tax reform should happen in the first term of the new Federal Government and that priorities should be broadening the GST and reducing the tax rates for low income workers to encourage more people to work.
The top priorities to increase innovation were by providing tax breaks for innovative practices and by providing incentives to universities to work more closely with industry.
More than 68 per cent of respondents said automotive industry assistance should be lowered or removed completely, with the majority falling into the latter category.
Other key results were:
Read media release.
Australia’s competitiveness ranking increased three spots to number 19 out of 63 countries in the annual IMD World Competitiveness Yearbook. It comes after Australia received its lowest ever competitiveness ranking in 25 years in 2021.
Read more Economy December 5, 2017Delivering secure reliable energy is more important than lowering the cost and environmental factors but opinions on the best energy policies to deliver this were divided, in CEDA’s 2017 Big Issues survey.
Read more Economy November 27, 2016Preparing for future jobs, the Federal Budget deficit, tax avoidance and the GST have been highlighted in CEDA's 2016 Big Issues survey as the top issues affecting the Australian economy.
Read moreMake a donation today to directly support CEDA’s independent research, tackling the big issues for Australia. Click here.
(Donations over $2 are tax deductible)