Rob Scott has had enough.For the past five years, the chief executive of the $93 billion conglomerate Wesfarmers, which owns the Bunnings, Kmart and Officeworks retail empires, a slew of industrial businesses and a fast-growing lithium producer, has repeatedly warned that Australia was losing its competitive edge thanks to mounting red tape, the Labor government’s industrial relations reform and an increasingly uncompetitive tax system.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
Why Wesfarmers warns federal budget risks ‘lost decade’ for Australia
Rob Scott warns tax changes will hurt aspiration in a struggling economy. They’re a challenge for the conglomerate too, which is hunting for its next growth engine.
85 words~1 min read
