ACAPMA is one of nearly 30 Industry Associations that have been working together over the past weeks to present a united front on solutions to the key economic challenges facing Australia. While not being prescriptive, the Industry Associations have agreed on a set of general principles to boost productivity, investment, growth, and wealth. The statement below was issued today by the Alliance of Industry Associations earlier today.
Statement from the Alliance of Industry Associations on the Economic Reform Roundtable
18 August 2025
An alliance of nearly 30 groups representing Australia’s small, medium and large businesses, universities, farmers, retailers, pharmacies and the investment community is calling for red-tape tape reduction, planning and major project approvals reform, an innovation agenda, and a process for productive tax reform that doesn’t raise costs for consumers or businesses, ahead of the Economic Reform Roundtable.
The test for this Roundtable will be whether it lifts business investment across the economy to boost productivity and drive higher living standards for all Australians.
Investment is needed to deliver everything from faster home builds, through to breakthrough medical research and the energy transition.
Investment in our nation comes from confidence in doing business.
That’s why this week must be about making it easier to do business in Australia – to benefit all Australians.
Together we are calling for;
- Reducing red tape by 25 per cent by 2030
- Improving planning and major project approvals
- Boosting investment and innovation
- Kickstarting productive tax reform that doesn’t raise costs for consumers or businesses
These are areas that will improve business confidence and investment and raise living standards for all Australians.
We must avoid any moves that threaten confidence, including high taxes on business, which will only drive away the investment needed to boost Australian living standards and real wages.
Productivity means working smarter, with better processes, tools and skills, so Australians can spend more time on the things that matter.
This week’s Economic Reform Roundtable is a valuable step towards tackling that challenge and our Joint Alliance of Industry Associations is united in our commitment to do our part.
Please find the Alliance’s full submission to the Roundtable here.
This joint statement is on behalf of:
- Australasian Convenience and Petroleum Marketers Association
- Australian Airports Association
- Australian Banking Association
- Australian Chamber of Commerce and Industry
- Australian Energy Council
- Australian Energy Producers
- Australian Industry Group
- Australian Institute of Company Directors
- Australian Investment Council
- Australian Retailers Association
- Australian Telecommunications Alliance
- Australian Travel Industry Association
- Business Council of Australia
- Chartered Accountants Australia and New Zealand
- Corporate Tax Association
- Council of Small Business Organisations Australia
- CPA Australia
- Energy Networks Australia
- Group of Eight
- Insurance Council of Australia
- Master Builders Australia
- Minerals Council of Australia
- National Farmers’ Federation
- National Retail Association
- Planning Institute of Australia
- Property Council of Australia
- Tech Council of Australia
- The Pharmacy Guild of Australia
- Tourism and Transport Forum
- Universities Australia
