Employees require much better tools and tech to enhance efficiency. Why aren’t companies stepping up to invest?
As Prime Minister Anthony Albanese and Treasurer Jim Chalmers turn their attention to improving efficiency development across the economy, it will be fascinating to see what business neighborhood gives a planned summit in August.
Less gone over has actually been low business financial investment (capital). Companies are more likely to money financial investment from retained profits than by obtaining or raising capital. Service lobbies typically associate low rates of financial investment (and anything else they think people may not like) to ‘exceedingly high’ corporate tax rates.
Less talked about has been low service financial investment (capital). Firms are more likely to money financial investment from maintained earnings than by obtaining or raising capital. These refer to the minimum return firms expect from an investment before they will undertake it. The Productivity Commission has one contributor to low financial investment might be a greater threat premium. Company lobbies frequently associate low rates of financial investment (and anything else they believe individuals may not like) to ‘exceedingly high’ corporate tax rates.
