A general view is seen within the Nissan Casting Plant in Melbourne, Australia, on July 11, 2019. Michael Dodge/Getty Images
Australia’s global competitiveness ranking has fallen again, prompting renewed calls from business leaders to cut red tape and boost productivity and investment.
The Business Council of Australia’s (BCA) 2026 Global Investment Competitiveness Index ranked Australia 21st out of 42 countries, based on seven key economic indicators drawn from 17 international indexes, with CEO Bran Black blaming over-regulation for the result.
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