Final report

REPORT - November 2024

List of recommendations

Recommendation 1

5.12The committee recommends the Australian Government convene National Cabinet to address excessive public expenditure by all levels of government that is keeping inflation higher for longer.

Recommendation 2

5.21The committee recommends the Australian Government convene National Cabinet to develop productivity-enhancing reforms for the economy, including establishing a national deregulation agenda.

Recommendation 3

5.26The committee recommends that the Australian Government note the findings of the First Interim Report and accept in full all of the committee's recommendations made in the Second Interim Report.

Recommendation 4

5.33The committee recommends that the Australian Government introduce carefully designed divestiture powers as a last resort to manage poor supermarket behaviour and address supermarket price-gouging.

Recommendation 5

5.41The committee recommends that the Australian Government reinstate the Australian Building and Construction Commission to address lawlessness in the Construction, Forestry and Maritime Employees Union and reduce the cost of building new homes for Australians.

Recommendation 6

5.42The committee recommends that the Australian Government bring forward legislation to ensure registered organisations work for their members and not themselves, including giving Courts the power to disqualify officials of registered organisations that do not act in the interest of members, have a history of breaking the law or are otherwise not fit and proper to hold office in a registered organisation.

Recommendation 7

5.43The committee recommends that the Australian Government ensure that Commonwealth funding for state and territory infrastructure projects is not attached to projects with procurement arrangements that preference particular unions, driving up the cost of construction.

Recommendation 8

5.47 The committee recommends that the Australian Government support the passage of the Tax Laws Amendment (Incentivising Food Donations to Charitable Organisations) Bill 2024.

Recommendation 9

5.51The committee recommends that the Australian Government increase the instant asset write-off threshold for small businesses to $30 000 and make it a permanent feature of Australia's taxation system.

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