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BCA urges Coalition to rein in spending in the May Budget.

CEO Phòng Thương mại Úc, Jennifer Westcott
CEO Phòng Thương mại Úc, Jennifer Westcott Source: APP

Australia's largest business lobby group has issued a warning to the federal government, urging it to rein in spending in the May Budget.


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Updated

By James Elton-Pym, Quốc Vinh

Source: SBS



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Australia's largest business lobby group has issued a warning to the federal government, urging it to rein in spending in the May Budget.


The Business Council of Australia says government spending is growing faster than the country can afford -- and if it isn't curbed, will mean major tax rises or brutal cuts to services in the future.

But Labor has hit back at the Business Council, saying it's inconsistent to call for spending cuts while also advocating a tax break for big business.


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