Business has backed the Abbott government’s means to invest in agricultural infrastructure and diminish red tape.
However the Business Council of Australia considers the case for a certain consumer commissioner for the industry, as planned in the recent issued blueprint, is not requiring.
According to Chief executive Jennifer Westacott in a report that it has already a broad remit and responsibility to engage in competition concerns, as well as those facing the agriculture industry.
The council said efforts to enhance market access and amplify research and development will have an optimistic influence on the competitiveness of the industry, which has the probable to be successful globally.
The council also notifies action to lesser the foreign investment review board threshold for countryside land and a plan to reduce the sill for agribusiness investment are of concern.
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