Health
Time to pick winners: BCA says new approach needed to end recession – Sydney Morning Herald
The Business Council says the days of a hands-off government approach is over as figures show a record 1 million Australians are out of work.
Ms Westacott, speaking on Thursday in Canberra to a virtual town hall of GE employees, said the economic recovery required a new way of thinking about government business policy and intervention.
She said policies were needed to encourage investment, collaboration and incentives, and that required governments to take an activist position supporting individual industries.
“Right now, we are in a state of disruption and disintermediation,” she said. “Government just taking a holding position doe…
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