Big business wants Chalmers to do more than tinker with the budget
The people who run Australia’s largest companies and employers cannot be clearer. The economy risks falling behind in a high-risk, fast-changing world.
Jim Chalmers is promising an ambitious reform budget in May that looks certain to include tax changes, particularly to the capital gains on housing.
But the chairman of the country’s largest listed company, iron ore and copper giant BHP, Ross McEwan, is far more sceptical about the likely result, lamenting what he instead describes as a “proliferation of bits”.
