Business Council of Australia CEO on Post-Lockdown Reopening, Climate Policy

The transcript discusses the preparedness of businesses in South Wales for reopening post-lockdown, emphasizing vaccination checks and safety measures. It highlights economic recovery challenges, including inflation and supply chain issues. The Business Council of Australia outlines plans for climate targets, aiming for net zero by 2050, and discusses the importance of government coordination and investment in sustainable sectors.

What systems have businesses in South Wales implemented to ensure safe reopening?

• Only online operations

• No safety measures

• Complete removal of restrictions

• Antigen testing and mask wearing

What is a key factor in avoiding further economic disruptions according to the transcript?

• Implementing statewide lockdowns

• Reopening domestic borders

• Increasing taxes

• Reducing business hours

What is a common requirement for employees returning to the office?

• Wearing casual clothes

• Being fully vaccinated

• Bringing pets to work

• Working from home

What is the Business Council of Australia's target year for achieving net zero emissions?

• 2060

• 2050

• 2030

• 2040

Which sector is mentioned as having significant opportunities in the transition to a sustainable economy?

• Green steel

• Traditional coal mining

• Oil drilling

• Plastic manufacturing

What is a major concern for businesses regarding climate change action?

• Lack of government support

• Impact on jobs and labor market

• Overproduction of goods

• Too much investment in technology

What is a proposed method to drive investment in harder to abate sectors?

• Creating a deep liquid offset market

• Reducing taxes

• Banning fossil fuels

• Increasing import tariffs