Labor frustrating companies: ACCI

An Australian Chamber of Commerce and Industry (ACCI) survey of 1,700 businesses has found significant opposition to Labor's industrial relations policies ahead of September's federal election, according to The Australian Financial Review.

The survey found widespread support for workplace productivity and flexibility reforms, as well as a delay to the compulsory superannuation increase.

In all, 87.2 per cent of businesses said the government should reform its Fair Work laws on productivity and flexibility, while 82.9 per cent of businesses said plans to increase the superannuation levy from nine per cent to 12 per cent should be delayed until a plan is produced that offsets the cost increase for businesses.

The ACCI said the survey results showed Labor is losing business support by increasing costs for companies and expanding union powers.

“On both fronts, the government has overreached and the need for remediation is patently clear from these survey results,” ACCI chief executive Peter Anderson told the AFR.

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As an independent contractor these super increases are worrying. There seems to be no thought to the fact these super increases come straight off independent contractors bottom line.