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Economy needs more than a few tweaks - The Canberra Times

Economy needs more than a few tweaks - The Canberra Times

Economy needs more than a few tweaks - The Canberra Times
Jul 12, 2020 33 secs

A leading business group says it's naive to believe a few adjustments to the economy will help Australia recover from the coronavirus pandemic and get people back into jobs.

Business Council of Australia chief executive Jennifer Westacott says the economy needs to be opened up, businesses need to invest and governments will need to stimulate through infrastructure spending, tax cuts and the extension of the JobKeeper and JobSeeker arrangements.

But Mr Piper said further support could be targeted at different industry sectors, recognising all businesses are suffering from COVID-19.

"Anyone who thinks that simply a few adjustments here and there is going to do that task is pretty naive," Ms Westacott said

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