Economics
Home > Our Agenda > The Economy > Economics
ACCI Stands For:
Economic Growth & Productivity
As The Building Blocks Of Increasing Employment
& Improving Living Standards
Policy Principles:
- Sustained and sustainable improvements in Australia’s standard of living
- An acceptable distribution of income and wealth across the community
- Full employment
- Sustainable low rates of inflation
- A sustainable external balance
Policy Objectives:
- Ensuring that the public sector’s role in the economy is limited to demonstrable
cases of market failure and equity needs
- Maintaining sound budgetary policy
- Ensuring that monetary policy is used to maintain low inflation growth in the
economy
- Promoting microeconomic reform to ensure that the efficiency of the economy
and our international trade competitiveness is enhanced to the greatest extent
possible
- Ensuring that the domestic economy is opened to a greater level of international
competition by limiting the role of tariffs and other protectionist measures