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The Latest Breaking News from Business Council

India-US trade deal "75 years overdue"; proposed 12.5% tariff part of talks: USIBC's Atul Keshap

US-India Business Council President Atul Keshap believes a trade deal is close. He notes ongoing talks and a US tariff proposal are part of negotiations. Keshap stresses the need for compromise from both sides to finalize the agreement. He urges India to pursue reforms to boost investment. The deal aims…

The Economic Times

Gas, property lobbies fire up over proposed tax reform

More than three in five Australians want the government to slug gas companies with a 25 per cent export tax, as prices soar due to the war in the Middle East.

AAP

Rapid climate action will come at a cost, according to the Business Council. But experts say the benefits are far larger

This month, the Australian government will release its emissions-reduction target for 2035, likely to be between 65% and 75%. A 70% cut would mean reducing Australia’s emissions from about 440 million tonnes of carbon dioxide equivalent down to 132 million tonnes.

The Conversation

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Captains of industry, unions sit at economic roundtable

Leaders from the business, union and welfare sectors will gather in Canberra to come up with ways to bolster Australia's flagging productivity levels.

AAP

Yellen Urges China To Shift From 'Unfair' State-driven Economic Policy

US Treasury Secretary Janet Yellen called Thursday for China to shift from a state-driven approach in economic policy, saying that this can discourage investors.

International Business Times

Past and present public servants to be investigated – as it happened

This blog is now closed.

The Guardian - AU

Employees with disability tiny fraction of senior staff

Australia has one of the lowest employment rates for people with disability in the OECD and the Business Council believes the untapped talent is an opportunity.

AAP

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New house approvals slide for fifth month in a row

Approvals for new homes remains subdued as stubbornly high inflation and rising interest rates weigh on demand for home-building.

AAP

US jobless claims pick up for the first time in six weeks

Applications for U.S. unemployment benefits rose for the first time in six weeks but remained historically low, underscoring the resilience of the job market despite mounting economic uncertainty.

Tribune News Service

Saudi Arabia, France Discuss Health Sector Opportunities

Riyadh and Paris have discussed medical cooperation and available investment opportunities in the healthcare sector at a meeting of the Saudi-French Business Council on Tuesday. The meeting was attended by Saudi Investment Minister Khalid Al-Falih and France’s Minister of Foreign Trade Olivier Becht.

Asharq Al-Awsat

Business leaders celebrate new trade deals

The Business Council of Australia is confident free trade agreements with India and Britain will create new opportunities for local workers and industries.

AAP

Tech giants and business warm to Labor’s privacy bill but point to flaws in drafting

Business Council of Australia warns of ‘unintended drafting error’ in privacy bill

The Guardian - AU

Saudi Arabia, Finland to Establish 1st Joint Business Council

The Federation of Saudi Chambers and the Finland Chamber of Commerce signed on Friday a memorandum of understanding (MoU) in Helsinki to establish a joint Saudi-Finnish Business Council. Under the MoU, the Council will carry out commercial and promotional activities systematically in the field of trade and investment, while focusing…

Asharq Al-Awsat

Budget good, but more needed: business

Treasurer Jim Chalmers' first budget has been welcomed by business chiefs, but they say more work is needed to get the economy on a stronger footing.

AAP

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Asharq Al-Awsat

Saudi Arabia, Qatar Review Strategy for Joint Business Council

Saudi Minister of Investment Khalid al-Falih held talks at the Federation of Saudi Chambers headquarters with the chairman and members of the Saudi-Qatari Business Council. This comes as Saudi Arabia and Qatar are preparing a joint strategy for business in the private sector in the two countries.

Asharq Al-Awsat

Saudi Arabia, Morocco Seek to Increase Trade Volume to $5 Bn

Saudi Minister of Commerce Majid al-Qasabi has stressed the need for business owners to draw up a clear roadmap for economic relations between Saudi Arabia and Morocco, revealing joint opportunities in Africa and Europe. Qasabi was speaking at the Saudi-Moroccan Economic Forum and Business Council held in Casablanca, with the…

Asharq Al-Awsat

Saudi Arabia, Uzbekistan Sign 13 Deals Worth $12 Bn

Saudi Arabia and Uzbekistan signed 13 agreements worth $12 billion, on the sidelines of the visit of Uzbek President Shavkat Mirziyoyev to Saudi Arabia, at the invitation of the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud. The deals were signed on Wednesday between the Saudi…

AAP

Dutton defends skills summit boycott

Opposition Leader Peter Dutton has defended his decision not to attend the government's upcoming jobs and skills summit.

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Asharq Al-Awsat

Saudi Arabia, US Set Record Levels of Non-Oil Trade Exchange

Trade relations between the United States and Saudi Arabia recovered from the pandemic's low levels in 2020, recording high exchanges of oil and non-oil goods in 2021. A report issued by the Washington-based Saudi-US Business Council indicated that total trade volume reached $24.7 billion, a 22 percent increase over 2020…

Birmingham Post

Train services between North Wales and London must be restored in full say business leaders

North Wales Mersey Dee Business Council and big names in the tourism sector are pressing for the full timetable to come back

The Conversation

The immigration numbers bidding war is pointless – there are limits to how many migrants Australia can accept

Since late last year, various business lobby groups, the NSW government, management consultant KPMG, the Business Council and now a number of economists have been throwing numbers around, talking up the need for higher levels of immigration.

The Guardian - AU

Anti-trolling bill could breach US free trade deal and increase online abuse, BCA says

Business council urges that Coalition bill not proceed, arguing it would have ‘limited impact on safety outcomes’

AAP

Move from crisis to growth, says business

The Business Council is calling for lower taxes and more skilled migration to help the private sector sustain growth during the post-pandemic economic recovery.

Birmingham Post

Top bosses at Iceland, Rolls-Royce and Microsoft join Prime Minister Boris Johnson's new Business Council

Other members include the chief executives of Matillion, Lloyds Banking Group and Virgin Atlantic

Asharq Al-Awsat

Oman, Egypt Discuss Establishing $100 Mn Investment Fund

Oman and Egypt signed several memoranda of understanding (MoUs) after a meeting held by the joint Business Council in Muscat. The Egyptian-Omani Business Council concluded its meeting and recommended the two governments discuss the establishment of a $100 million fund to develop the investment exchange. The Council also called for…

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