Big business ‘leaders’, such as the Business Council of Australia for example, have for many months been openly expressing their worry that they are failing to influence public policy.
It’s not such a surprise. Australia’s big business leaders have for some time openly and through political backdoors been trying to kill off important economic reforms that make for a better Australian economy. More...
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Big business struggling to control the plot and to call the shots. No surprise!
So big businesses don’t like having their powers cut back. How surprising!
Big business is angry that the Abbott government is proposing to make anti-competitive behaviour by them more difficult. New laws would restrict big businesses from abusing their market power. Small Business Minister Bruce Billson has hit back saying big business is talking “utter nonsense”. We agree.
Just recently, Coles had to refund $12m to 200 suppliers due to unconscionable conduct by Coles. And the competition regulator (ACCC) is finally responding to evidence of big business cartels in the construction industry. What’s odd is that unions and Labor seem be lining up with big business on this. More...
Big business conspires against lower construction costs
In extraordinary media reports yesterday, it appears that major construction firms have decided to keep construction costs as high as possible. If true, they are in the ‘business’ of conspiring against the people of Australia in defiance of the combined commercial weight of Coalition governments across Australia. More...
Rocking the Establishment Mark II
Following on from his recent article in The Australian about the undoing of the ‘Establishment’, ICA Executive Director Ken Phillips has made an expanded presentation to a gathering of people from the Mannkal Foundation in Perth. Here’s the YouTube vid. More...
The new union-big business Establishment
There’s a new ‘Establishment’ in Australia comprised of unions and big businesses. ICA Executive Director Ken Phillips explains how this operates, how it makes management weak and damages Australia. Further, he argues that the Abbott government is turning its back on the ‘Establishment’. That’s a positive for reforming Australia into a competitive economy. More...
Double Standards in Disclosure Requirements
While the Abbott government is proposing disclosure requirements on unions, it is planning to remove similar requirements on financial advisers. Alan Kohler explains this well in Business Spectator. Minister Sinodonis is behind this. We’ve been critical of him before when he tried to attack Self Managed Super Funds. The Minister needs to ensure consistency with the government’s reforming efforts on disclosure. More...
Down with corporate welfare!
Following on from our earlier post on the changes to the small business environment, here's another reform that is long overdue! Treasurer Joe Hockey has told big businesses that they won’t get government handouts for badly run businesses. Let badly run big businesses sort out their own problems, I say. That’s what small business people have to do! Here’s my assessment of corporate welfare and its close connection to union activity. More...
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