Pre-Budget Submission 2022-23
To regain economic momentum and evolve our domestic economy, the Australian
Investment Council has identified a number of key policy priorities which
are detailed below. Focusing on these areas will help underpin the next
phase of prosperity and income growth for all Australians.
More specifically for the private capital industry, the Council has
identified policy areas where Government action can assist the industry to
continue to support investment into high-growth potential Australian
businesses. These areas, explored in detail in this submission, focus on:
1) Addressing skills shortages;
2) Supporting innovation; and
3) Maintaining a steady flow of investment capital.
The industry is conscious of the fiscal demands arising from the COVID-19
pandemic and to this extent, many of the initiatives proposed in this
submission are budget neutral.
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