Industry

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ACCI Stands For:
Encouraging Private Investment,
Adoption Of New Technologies & Microeconomic Reform

Through an integrated 'whole of government' approach that
is consistent with market mechanisms & which promotes
competition & innovation

Industry seeks an environment in which industry and enterprises can help themselves, in which firms
can increase their investments and growth and become more competitive, efficient and export-oriented.
Markets will work well through the provision of a stable macroeconomic environment, an appropriate
microeconomic environment based on minimising impediments to the effective operation of market
forces and the provision of an adequate, quality and efficient economic infrastructure system.

Policy Objectives:

  • Fundamental taxation reform
  • Sustained low inflation
  • Sustainably high levels of national savings and investment
  • Enterprise-based workplace arrangements
  • Education and training policies which promote a high level of productivity and skills of
    employers and employees
  • Infrastructure reform including transport and waterfront reform
  • A reduction in legal and regulatory compliance requirements
  • Implementation of national competition policy
  • Market-based operations and pricing policies for government business enterprises
  • A reduction in the function and size of government
  • Improved market access in international trade
  • A reduction in direct and indirect protection and tariffs, with a particular focus on multilateral and bilateral agreements and behind the border measures
  • An R&D system which promotes innovation and commercial outcomes