The Investment Guarantee would provide a significant boost for businesses to invest particularly for longer-lived investments. The proposed measure comes at a time when business investment, and particularly non-mining investment, has been slow to recover in recent years. As a measure designed to lift investment, the Investment Guarantee would increase the stock of invested capital, boost the quantity of capital per worker, raise productivity and underwrite an acceleration of real wage growth. Innes Willox, Ai Group Chief Executive, 13 March 2018
Business welcomes this commitment from the Opposition its good policy. Whats particularly positive is the proposal to make this a permanent feature. This is important as policy certainty and policy consistency is critical for business. James Pearson, Australian Chamber of Commerce and Industry CEO, 13 March 2018
A new Federal Labor policy that gives an immediate tax deduction to businesses that invest in energy saving equipment would help slash energy bills Energy Efficiency Council, 13 March 2018
The Australian Investment Guarantee would be a powerful tool for accelerating energy efficiency gains across different industries, but especially in the built environment.We welcome Federal Labors announcement of this policy and the potential it has to help reduce costs for consumers. Ken Morrison, Property Council of Australia Chief Executive, 13 March 2018
Labors announcement is a welcome one as it would make it easier for Australian businesses to invest and grow. The fact that this measure is available to all businesses, big and small, is also very positive as it will help small businesses directly as well as encouraging larger businesses to invest in the products sold by small business. Peter Strong, COSBOA CEO, 13 March 2018
This initiative will go a long way to encouraging investment in high tech and high skilled projects to enhance efficiency and increase scale. We are particularly supportive of the Australian Investment Guarantees inclusiveness across the industry sector. The opportunity to use this Investment Guarantee towards energy saving projects is also very important. Tanya Barden, Australian Food and Grocery Council CEO, 13 March 2018