Corporate Australia's push for deregulation ignores eroded public trust from scandals and inequality

Summary

Professor Carl Rhodes argues that Australian business groups, particularly the Business Council of Australia, are calling for reduced regulation to boost productivity and investment, but this demand ignores the erosion of public trust caused by years of corporate scandals, widening inequality, and misconduct. The article contends that before asking for fewer rules, corporations must first demonstrate they can be trusted through ethical behavior and accountability, rather than expecting deregulation while public confidence remains low.

Source

bskyCorporate Australia's push for deregulation ignores eroded public trust from scandals and inequalityindependentaustralia.net