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ACCI is Australia’s largest and most representative business network and is a sought-after national voice of business in the media.

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Inflation data sounds warning for overheated wage growth

The latest inflation data released today serves as a warning of potential implications of increasing wage growth. “The latest quarterly figures, as well as monthly data, show that the rate of decline in inflation has slowed,” ACCI chief executive officer Andrew McKellar said. “Wage growth is a major contributor to inflationary pressures. Recent Treasury analysis […]

24 Apr 2024

More full-time employment in tight labour market

Australians worked an additional one million hours in March, yet the number of employed people slipped backwards. “Despite the decrease in employment overall, there was a notable lift in full-time employment, a sign that the labour market is becoming more stable,” ACCI chief executive officer Andrew McKellar said. The Australian Bureau of Statistics noted that […]

18 Apr 2024

Productivity and competitive policy key to future prosperity

Australia needs a sovereign manufacturing capability, so focused government attention on meeting that objective is welcome. However, Australia’s largest and most representative business network says careful consideration of the details is needed. “Recent experience has starkly demonstrated how the narrowing of our industrial base has exposed the Australian economy to high levels of risk,” ACCI […]

11 Apr 2024

Supermarket review must ensure a fair deal right to the farm gate

Australian supermarkets must treat their suppliers fairly and provide consumers with the lowest possible prices, but heavy-handed regulation could have unintended consequences. “The Australian Chamber of Commerce and Industry acknowledges the interim report of the Food and Grocery Code of Conduct independent review,” ACCI chief executive officer Andrew McKellar said. “It is a considered report […]

8 Apr 2024

ACCI lodges annual wage review submission

The Australian Chamber of Commerce and Industry has lodged its submission to the Fair Work Commission’s annual wage review. ACCI considers an increase of not more than 2 per cent to be fair, reasonable and responsible because: It takes into account economic and business conditions, which are fragile. It takes into account easing inflationary pressures […]

28 Mar 2024

ACCI joins key skills advisory body

The announcement of the inaugural the members of the Ministerial Advisory Board of Jobs and Skills Australia (JSA) is a pivotal moment for the agency responsible for monitoring Australia’s workforce needs. “We are pleased that ACCI has been endorsed as one of the four employer representatives on the JSA Ministerial Advisory Board,” ACCI chief executive […]

27 Mar 2024

Some, not all, business concerns addressed in vehicle emissions changes

Australia’s largest and most representative business network has acknowledged the government’s reconsidered approach to the introduction of a New Vehicle Emissions Standard. “The government has listened to some of the concerns raised by the business community about its ambitious approach to vehicle emissions reduction,” ACCI chief executive officer Andrew McKellar said. “Business supports the introduction […]

26 Mar 2024

Response to ACTU’s minimum wage submission

ABC News Breakfast, Tuesday 26 March 2024 E&OE Emma Rebellato: Andrew McKellar joins us from Sydney. Andrew, thanks for joining us this morning. Andrew McKellar: Good morning, Emma. Great to be with you. Rebellato: What’s your submission to the Fair Work Commission? What increase would you be happy with and the business sector? McKellar: What we’ve said is we […]

26 Mar 2024