CCIWA has urged the federal government to cut red tape, simplify approvals and modernise government services to tackle the nation’s productivity paralysis.
Treasurer Jim Chalmers has committed to progress a range of ideas from the three-day Economic Reform Roundtable, held in Canberra.
CCIWA Acting co-Chief Executive and Chief Economist, Aaron Morey, said the focus on speeding up environmental approvals was welcomed, but the government must not rush its reform process.
“The government needs to ensure that industry can properly assess any changes for their impact on future projects,” he said.
“The link between environmental approvals and productivity is clear, and WA has more skin in the game than any other state because of the nature of our economy.
“Long waits for project approvals are not only a drain on productivity, they also expose us to the risk of losing investment altogether. Approval delays are also contributing to the housing crisis.
“The federal government has heard loud and clear from WA industry on this issue and we’re hopeful the next iteration of environmental approvals reforms will reflect this and take a common-sense approach.
“Critically, the government must enable industry to road-test any new laws to ensure they are fit for purpose.”
Mr Morey said it was clear that some of the more alarming suggestions from unions throughout the summit were given short shrift.
“We saw calls for businesses to be taxed more or be levied for training costs, as well as specific new taxes on the resources industry,” he said.
“These kinds of lazy policies would drive away jobs and investment, and it’s clear the Government has seen that it must not go down such a dangerous path.
The summit also saw some robust discussion on the role of artificial intelligence in the workplace.
“WA is well-placed to make even greater use of AI and automation in our industrial sector,” Mr Morey said.
“AI doesn’t need to be a scary concept. It can enhance competitiveness and in turn allow businesses and industries to expand and create more jobs.
“The role of AI in workplaces and the safeguards required will continue to be an ongoing national conversation.”
