This year’s Federal Budget makes real reform progress, even as the global economy throws curveballs daily, the Committee for Economic Development of Australia (CEDA) says.The budget delivers modest savings, with decisions to provide near-term support for households and businesses partially offsetting higher revenue from commodity prices, inflation and a still strong labour market. Against a…
Tag Archive for Committee for Economic Development of Australia
AI Can Transform Australia’s environmental approvals Process
by themovieboards - Editor •
Approximately $278 billion in construction work across housing and clean energy is relying on Australia’s environmental approvals system – but growing complexity, workforce shortages and outdated systems are putting delivery at risk. AI can help unlock the pipeline, according to a new report from CEDA. The report, Approved: How AI and data can transform Australia’s…
Fewer Australians are Starting Small Businesses
by themovieboards - Editor •
The Federal Government should use the upcoming Budget to encourage economic dynamism, as new CEDA research shows the proportion of business owners in Australia hit a record low last year despite ongoing interest in entrepreneurship and self-employment. CEDA’s new report, Hustling, not hiring: Why fewer Australians are starting a business, finds Australia has experienced a…