Original article by Joe Kelly
The Australian – Page: 4 : 27-Sep-17
Switzerland, the US and Singapore are the highest-rated countries in the World Economic Forum’s latest global competitiveness index. Australia is ranked 21st out of 137 countries, with the nation performing poorly on a number of key indicators. Australia is ranked 28th in terms of labour market efficiency and 72nd for co-operation in labour-employer relations. Meanwhile, the World Economic Forum’s Executive Opinion Survey has found that restrictive labour market practices, taxes and government bureaucracy are the biggest problems when doing business in Australia.
CORPORATES
WORLD ECONOMIC FORUM