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Australian Chamber of Commerce and Industry

Full company profile

uuid0007q8i

Namestring
Australian Chamber of Commerce and Industry
Legal namestring
Australian Chamber of Commerce and Industry
Company typeenum
Private
Founded yearint
1826
Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
51–100
akta.pro rankint
HeadquartersSydney, Australia
HQ citystring
Sydney
HQ countrystring
Australia
HQ regionstring
Oceania
Markets served

Serves global market

Offices3 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
business advocacy, policy advocacy, industry representation, chamber of commerce, trade association
NAICS code1 code
  • Business Associations813910
SIC code1 code
  • Services-Membership Organizations8600
Product category
Business Advocacy and Trade Association Services
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model1 record
1Membership fees
TypeSubscription Recurring
Description

ACCI generates revenue through membership fees from businesses, chambers of commerce, and industry associations that join the organization to gain access to policy advocacy, networking, and representation services.

acci.com.au
Marketing channels7 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels3 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components4 values
Personnel, Operations, Marketing or Sales, Others
GTM typeB2B
B2B
Offering typeServices
Services
Brand1 record
1Future Makers
Description

A national initiative led by ACCI to increase women's ownership and leadership in small business, combining business development, tailored gender-specific entrepreneurship support, and a national Women in Small Business Summit.

acci.com.au
Core offering1 text field

ACCI is Australia's largest and most representative business network, representing businesses of every shape and size through its network of Chamber and Industry Association members. It provides policy advocacy and representation to the federal government, member networking, policy research and reports on areas including tourism, economics, employment, trade and workplace relations, executive events (Business Leaders' Series and Boardroom Series), and targeted initiatives such as Future Makers supporting women's entrepreneurship in small business.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 2 values shown
  • Led coalition of 30+ business groups to oppose CGT reforms
+1 more record
Product overview1 text field

The Australian Chamber of Commerce and Industry (ACCI) is a business advocacy organization, not a technology product company. ACCI serves as Australia's largest and most representative business network, facilitating policy discussions between its members and the federal government. Its services include policy advocacy, member networking, events (such as Business Leaders' Series and Boardroom Series), research and reports on topics including tourism and workplace relations, and initiatives such as the Future Makers program supporting women's entrepreneurship. No traditional software products, modules, or technology offerings were identified in the source data.

Product and service6 records
1ACCI Membership
CategoryMembership and Advocacy
Description

Recurring membership program for Australian businesses, chambers of commerce, and industry associations, providing direct access to regulators and government, collective strength in federal policy discussions, and a clear business perspective on policy issues including economics, education, employment and skills, health, sustainability, trade, tourism, work health safety, and workplace relations.

2Future Makers Program
CategoryPrograms and Initiatives
Description

National ACCI initiative supporting women in small business through business development, gender-specific entrepreneurship support, and a Women in Small Business Summit, designed to drive cultural change and economic participation for women-owned small businesses in Australia.

3Business Leaders' Series Events
CategoryEvents
Description

Ticketed keynote event series for members and stakeholders, featuring senior ministers and policymakers (e.g., Senator the Hon Tim Ayres, Minister for Industry and Innovation) and held in major Australian cities.

4Boardroom Series Events
CategoryEvents
Description

Exclusive invitation/registration-based boardroom event series for senior business and policy leaders, featuring keynote addresses from senior Australian officials and special envoys, held in Melbourne.

5Policy Advocacy and Reporting
CategoryPolicy Advocacy
Description

Ongoing policy advocacy service covering economics, education, employment and skills, health, sustainability, trade and international relations, tourism, work health safety, and workplace relations. Delivered through policy reports (e.g., the 2026 Australian tourism report released at Parliament House), media releases, submissions, and coalition activity such as the 30+ business groups letter on CGT reforms.

6Global Network Connectivity
CategoryNetworking and Trade Facilitation
Description

International network service connecting Australian ACCI member businesses with international partnerships and global trade facilitation opportunities through established international chamber relationships.

Scale indicator3 records

Each record includes

Type, Value, Description, Source

Partnership7 partners
Strategic tierCoreTypeStrategic or Co-development Partner
Description

ACCI's core network consists of chambers of commerce and industry associations across Australia. Through this network, ACCI represents businesses of every shape and size, serving as their collective voice both domestically and internationally. This network forms the foundation of ACCI's representation structure.

230+ Business Representative Groups Coalition
Strategic tierFlagshipTypeStrategic or Co-development Partner
Description

ACCI led a coalition of more than 30 Australian business representative groups in signing a joint letter urging federal lawmakers to reconsider capital gains tax reforms. The groups argued the reform constitutes a 'penalty on investment' that would reduce business expansion, innovation, and job creation.

smartcompany.com.au
Strategic tierCoreTypeStrategic or Co-development Partner
Description

Partnered with ACCI on opposing CGT reforms and warning that proposed changes would make Australia's tax system less competitive and discourage investment.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Collaborated on expressing concerns over proposals to significantly lower net overseas migration, arguing skilled migration is vital for plugging labour gaps and supporting economic growth.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Submitted contrasting tax proposals ahead of the federal budget, with the Business Council releasing its Global Investment Competitiveness Index ranking Australia 21st out of 42 countries.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Partnered with ACCI in lobbying the government regarding partner visa costs and small business concerns, with ACCI arguing steep visa increases make Australia less attractive as a destination.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Both COSBOA and ACCI are lobbying the government to raise thresholds for small business CGT concessions from $2 million turnover/$6 million net assets to $10 million turnover/$12 million net assets.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeBroad incumbent
Description

The largest business advocacy organization in the United States. Comparable structurally as a federated national chamber network representing businesses across all sizes and sectors, with established government access and policy-influence capabilities analogous to ACCI's role in Australia.

2Confederation of British Industry (CBI)
TypeBroad incumbent
Description

UK's premier business lobbying organization. Comparable role as the collective voice of business advocating with national government on policy, tax, trade, and workplace relations — a structural analogue to ACCI in a different jurisdiction.

TypeRegional player
Description

Victoria's leading business chamber and a documented ACCI network member. Comparable membership-based business-association model focused on a different geography (Melbourne/Victoria) but operating under similar advocacy, events, and networking frameworks.

4Canadian Chamber of Commerce
TypeBroad incumbent
Description

Canada's national business advocacy organization, structured similarly to ACCI as a federation of provincial and local chambers. Operates in a different geography but follows an analogous federated business-association model with federal government policy advocacy as the core function.

TypeRegional player
Description

Major state-level chamber serving NSW businesses. Comparable business-association model with policy advocacy and events, operating as part of the broader Australian chamber ecosystem that interfaces with ACCI.

TypeDirect peer
Description

Ai Group is a peak national employer association representing Australian industry. Directly comparable to ACCI on workplace relations, migration, and industrial policy advocacy — the two have jointly lobbied on skilled migration concerns.

TypeDirect peer
Description

Australia's peak body for large Australian corporations. Directly comparable to ACCI as a business advocacy organization lobbying federal government on tax, trade, and industrial policy; ACCI and BCA have formally collaborated on CGT reform opposition.

TypeBroad incumbent
Description

Global business-association network with chambers in over 100 countries. Comparable through ACCI's documented international network partnership and shared trade-facilitation mandate; ICC operates at a broader geographic scope but with similar membership-based advocacy.

TypeDirect peer
Description

Peak body specifically for small businesses in Australia. Directly comparable to ACCI on small-business policy (CGT concessions, partner visa costs), and a documented coalition partner for ACCI-led lobbying efforts.

TypeRegional player
Description

Regional Sydney-focused business chamber that operates as part of ACCI's member network. Comparable business-association model at the city/state level, feeding representation up into ACCI's national body.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers1 record

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment3 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles5 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Australian Chamber of Commerce and Industry

Business Advocacy and Trade Association Servicesaustralianchamber.com.au

Australian Chamber of Commerce and Industry firmographics

Firmographics
Name
Australian Chamber of Commerce and Industry
Legal name
Australian Chamber of Commerce and Industry
Website
https://australianchamber.com.au
Company type
Private
Founded year
1826
Operating status
Operating
Headcount range
51–100 employees
Ownership category
akta.pro rank

Where Australian Chamber of Commerce and Industry is headquartered

Location

Headquarters

HQ city
Sydney
HQ country
Australia
HQ region
Oceania

Offices3 records

Markets served

Australian Chamber of Commerce and Industry business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Operations, Marketing or Sales, Others

Revenue model

  1. Membership fees: ACCI generates revenue through membership fees from businesses, chambers of commerce, and industry associations that join the organization to gain access to policy advocacy, networking, and representation services.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels7 records

Australian Chamber of Commerce and Industry product offering

Product offering

Core offering

ACCI is Australia's largest and most representative business network, representing businesses of every shape and size through its network of Chamber and Industry Association members. It provides policy advocacy and representation to the federal government, member networking, policy research and reports on areas including tourism, economics, employment, trade and workplace relations, executive events (Business Leaders' Series and Boardroom Series), and targeted initiatives such as Future Makers supporting women's entrepreneurship in small business.

Product overview

The Australian Chamber of Commerce and Industry (ACCI) is a business advocacy organization, not a technology product company. ACCI serves as Australia's largest and most representative business network, facilitating policy discussions between its members and the federal government. Its services include policy advocacy, member networking, events (such as Business Leaders' Series and Boardroom Series), research and reports on topics including tourism and workplace relations, and initiatives such as the Future Makers program supporting women's entrepreneurship. No traditional software products, modules, or technology offerings were identified in the source data.

Differentiator

Problem solved

Functional benefit

Brands

  • Future Makers: A national initiative led by ACCI to increase women's ownership and leadership in small business, combining business development, tailored gender-specific entrepreneurship support, and a national Women in Small Business Summit.

Products and services

  • ACCI Membership Recurring membership program for Australian businesses, chambers of commerce, and industry associations, providing direct access to regulators and government, collective strength in federal policy discussions, and a clear business perspective on policy issues including economics, education, employment and skills, health, sustainability, trade, tourism, work health safety, and workplace relations.
  • Future Makers Program National ACCI initiative supporting women in small business through business development, gender-specific entrepreneurship support, and a Women in Small Business Summit, designed to drive cultural change and economic participation for women-owned small businesses in Australia.
  • Business Leaders' Series Events Ticketed keynote event series for members and stakeholders, featuring senior ministers and policymakers (e.g., Senator the Hon Tim Ayres, Minister for Industry and Innovation) and held in major Australian cities.
  • Boardroom Series Events Exclusive invitation/registration-based boardroom event series for senior business and policy leaders, featuring keynote addresses from senior Australian officials and special envoys, held in Melbourne.
  • Policy Advocacy and Reporting Ongoing policy advocacy service covering economics, education, employment and skills, health, sustainability, trade and international relations, tourism, work health safety, and workplace relations. Delivered through policy reports (e.g., the 2026 Australian tourism report released at Parliament House), media releases, submissions, and coalition activity such as the 30+ business groups letter on CGT reforms.
  • Global Network Connectivity International network service connecting Australian ACCI member businesses with international partnerships and global trade facilitation opportunities through established international chamber relationships.

Quantifiable outcome

  • Led coalition of 30+ business groups to oppose CGT reforms
  • +1 more outcomes

Companies that use Australian Chamber of Commerce and Industry

Customer profile

Named customers1 record

Segments3 records

Ideal customer profiles3 records

Australian Chamber of Commerce and Industry technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Australian Chamber of Commerce and Industry partnerships and signals

Strategic signal

Partnerships

Seven partnerships are on record, tiered core and flagship.

  • Chamber and Industry Association MemberscoreStrategic or Co-development PartnerACCI's core network consists of chambers of commerce and industry associations across Australia. Through this network, ACCI represents businesses of every shape and size, serving as their collective voice both domestically and internationally. This network forms the foundation of ACCI's representation structure.
  • 30+ Business Representative Groups CoalitionflagshipStrategic or Co-development PartnerACCI led a coalition of more than 30 Australian business representative groups in signing a joint letter urging federal lawmakers to reconsider capital gains tax reforms. The groups argued the reform constitutes a 'penalty on investment' that would reduce business expansion, innovation, and job creation.
  • Business Council of AustraliacoreStrategic or Co-development PartnerPartnered with ACCI on opposing CGT reforms and warning that proposed changes would make Australia's tax system less competitive and discourage investment.
  • Australian Industry GroupcoreStrategic or Co-development PartnerCollaborated on expressing concerns over proposals to significantly lower net overseas migration, arguing skilled migration is vital for plugging labour gaps and supporting economic growth.
  • Business Council of AustraliacoreStrategic or Co-development PartnerSubmitted contrasting tax proposals ahead of the federal budget, with the Business Council releasing its Global Investment Competitiveness Index ranking Australia 21st out of 42 countries.
  • COSBOA (Council of Small Business Organisations Australia)coreStrategic or Co-development PartnerPartnered with ACCI in lobbying the government regarding partner visa costs and small business concerns, with ACCI arguing steep visa increases make Australia less attractive as a destination.
  • COSBOAcoreStrategic or Co-development PartnerBoth COSBOA and ACCI are lobbying the government to raise thresholds for small business CGT concessions from $2 million turnover/$6 million net assets to $10 million turnover/$12 million net assets.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Australian Chamber of Commerce and Industry competitors and assessment

Company assessment

Broad incumbents

  • U.S. Chamber of Commerce: The largest business advocacy organization in the United States. Comparable structurally as a federated national chamber network representing businesses across all sizes and sectors, with established government access and policy-influence capabilities analogous to ACCI's role in Australia.
  • Confederation of British Industry (CBI): UK's premier business lobbying organization. Comparable role as the collective voice of business advocating with national government on policy, tax, trade, and workplace relations — a structural analogue to ACCI in a different jurisdiction.
  • Canadian Chamber of Commerce: Canada's national business advocacy organization, structured similarly to ACCI as a federation of provincial and local chambers. Operates in a different geography but follows an analogous federated business-association model with federal government policy advocacy as the core function.
  • International Chamber of Commerce (ICC): Global business-association network with chambers in over 100 countries. Comparable through ACCI's documented international network partnership and shared trade-facilitation mandate; ICC operates at a broader geographic scope but with similar membership-based advocacy.

Regional players

  • Melbourne Chamber of Commerce: Victoria's leading business chamber and a documented ACCI network member. Comparable membership-based business-association model focused on a different geography (Melbourne/Victoria) but operating under similar advocacy, events, and networking frameworks.
  • NSW Business Chamber: Major state-level chamber serving NSW businesses. Comparable business-association model with policy advocacy and events, operating as part of the broader Australian chamber ecosystem that interfaces with ACCI.
  • Sydney Business Chamber: Regional Sydney-focused business chamber that operates as part of ACCI's member network. Comparable business-association model at the city/state level, feeding representation up into ACCI's national body.

Direct peers

  • Australian Industry Group (Ai Group): Ai Group is a peak national employer association representing Australian industry. Directly comparable to ACCI on workplace relations, migration, and industrial policy advocacy — the two have jointly lobbied on skilled migration concerns.
  • Business Council of Australia: Australia's peak body for large Australian corporations. Directly comparable to ACCI as a business advocacy organization lobbying federal government on tax, trade, and industrial policy; ACCI and BCA have formally collaborated on CGT reform opposition.
  • Council of Small Business Organisations Australia (COSBOA): Peak body specifically for small businesses in Australia. Directly comparable to ACCI on small-business policy (CGT concessions, partner visa costs), and a documented coalition partner for ACCI-led lobbying efforts.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

Australian Chamber of Commerce and Industry social profiles

Digital presence

Australian Chamber of Commerce and Industry financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Australian Chamber of Commerce and Industry leadership team

Management profile

Number of profiles

Profiles5 records

Australian Chamber of Commerce and Industry funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Australian Chamber of Commerce and Industry M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Australian Chamber of Commerce and Industry

What does Australian Chamber of Commerce and Industry do?

ACCI is Australia's largest and most representative business network, representing businesses of every shape and size through its network of Chamber and Industry Association members. It provides policy advocacy and representation to the federal government, member networking, policy research and reports on areas including tourism, economics, employment, trade and workplace relations, executive events (Business Leaders' Series and Boardroom Series), and targeted initiatives such as Future Makers supporting women's entrepreneurship in small business.

Is Australian Chamber of Commerce and Industry a public or private company?

Australian Chamber of Commerce and Industry is a private company. It is classified as nonprofit foundation owned and is currently operating.

When was Australian Chamber of Commerce and Industry founded?

Australian Chamber of Commerce and Industry was founded in 1826. It employs 51 to 100 people.

Where is Australian Chamber of Commerce and Industry based?

Australian Chamber of Commerce and Industry is headquartered in Sydney, Australia, in the Oceania region.

How does Australian Chamber of Commerce and Industry make money?

One revenue line is on record: membership fees.

Who are Australian Chamber of Commerce and Industry's main competitors?

Broad incumbents on record are U.S. Chamber of Commerce, Confederation of British Industry (CBI), Canadian Chamber of Commerce and International Chamber of Commerce (ICC). Regional players are Melbourne Chamber of Commerce, NSW Business Chamber and Sydney Business Chamber. Direct peers are Australian Industry Group (Ai Group), Business Council of Australia and Council of Small Business Organisations Australia (COSBOA).

Does Australian Chamber of Commerce and Industry have an API?

No public API is recorded for Australian Chamber of Commerce and Industry.

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Live signals
The AustralianAngus Taylor dismisses migration plan critics amid private sector concernsAngus Taylor dismissed private sector warnings about his migration plan, calling it a guest-worker economy. The plan cuts 650,000 temporary visas and raises net intake to 160,000. Master Builders Australia and the Australian Chamber of Commerce and Industry expressed concerns.Mirage NewsAussie Chamber Of Commerce General CouncilIn a speech to the Australian Chamber of Commerce and Industry's General Council in Adelaide, the Australian government outlined its trade and tourism strategy, citing record $192 billion visitor spend in 2025 and an expected $46 billion by 2030. It highlighted the EU trade agreement, which will make 97.8% of Australian goods exports duty-free once ratified, and the $55 million Accessing New Markets Initiative, which has supported over 900 exporters generating more than $100 million in sales.Mirage NewsVictoria One Step Closer To Stamping Out CorruptionThe Victorian Chamber of Commerce and Industry (VCCI) and the Australian Chamber of Commerce and Industry (ACCI) have expressed support for the establishment of a Royal Commission to investigate crime and misconduct in Victoria's construction industry. This initiative aims to restore public trust and integrity in taxpayer-funded infrastructure projects by addressing longstanding allegations of corruption in the sector. Both chambers emphasize the need for legislative enhancement of the Independent Broad-based Anti-corruption Commission (IBAC) to effectively combat such issues.The AustralianPauline Hanson slams Labor’s migration numbersOne Nation leader Pauline Hanson has criticized the Albanese government's immigration policy, claiming it plans to bring in a million migrants over four years and has consistently exceeded its migration targets since 2022. Assistant Minister for Immigration Matt Thistlethwaite responded that the cited figures represent net overseas migration (including returning Australian citizens) and that permanent migration has been set at 185,000, which the government has met. The Australian Chamber of Commerce and Industry also weighed in, cautioning against draconian cuts to migration that could worsen skills shortages in key sectors.The Guardian‘Performative reductions’: Labor MPs and business groups urge Burke against sweeping immigration changesAustralian Home Affairs Minister Tony Burke has delayed a National Press Club address on immigration policy, with the government considering cutting permanent migration to 185,000 per year through changes to skilled visas, family visas, backpacker programs, and asylum seeker restrictions. Major business groups including the Minerals Council of Australia, Australian Chamber of Commerce and Industry, and Master Builders Australia are urging the government to suspend changes and consult further, warning that restrictions would worsen skills shortages and harm the economy. Some Labor MPs are also anxious about major changes, with one urging against "performative reductions" in migration in response to One Nation's anti-immigration agenda.SmartCompanyFears new Fair Work Court won't make resolution easier or cheaperPrime Minister Anthony Albanese announced plans to establish a new Fair Work Court as a dedicated forum for workplace dispute resolution, aiming to streamline a process often described as costly and time-consuming for both employers and workers. Australia's major business lobby groups, including the Australian Chamber of Commerce and Industry, Business Council, and Australian Industry Group, have rejected the plan, arguing it will add complexity and expense rather than reduce it. The government has committed $1.3 million in the 2026-27 federal budget for specialized support services and will conduct consultations to determine how the new court will operate.Mirage NewsEmployers Unite to Combat Construction CorruptionThe Australian Chamber of Commerce and Industry (ACCI) and Victorian Chamber of Commerce and Industry (VCCI) have jointly called for a Royal Commission into corruption in Victoria's building and construction sector, citing the CFMEU as responsible for entrenched unlawful behaviour, coercion, and intimidation. The chambers have released urgent recommendations including enhanced police powers to trace criminal finances, reinstatement of a national construction watchdog, and strengthened entry permit standards. The groups warned that criminal behaviour embedded in the industry is inflating costs, disadvantaging lawful businesses, and undermining confidence essential to investment, productivity, and housing supply.Mirage NewsAustralian Partner Visa Costs $11,700The Australian government increased partner visa fees by 25% on July 1, bringing the cost to A$11,700 per application, making it the largest single increase to date. The Department of Home Affairs structures the fee so that applicants must pay the full amount upfront at the permanent visa stage with no refund if the relationship ends or the application is denied, projecting nearly $800 million in revenue from 68,105 expected lodgements in the 2024-25 financial year. Critics, including the Australian Chamber of Commerce and Industry, argue the steep increases make Australia less attractive as a destination and burden families facing combined costs approaching $20,000 for reunification.ANTARA NewsRI-Australia encourage stronger cooperation in food, infrastructureIndonesia's Deputy Minister of Investment Todotua Pasaribu invited Australian investors to strengthen cooperation in food and infrastructure at the Indonesia-Australia Business Summit in Sydney. The government targets Rp3,414 trillion (US$189.6 billion) in investment by 2029, with sectors including renewable energy and food security. ACCI and Kadin signed an MoU on trade and investment.SmartCompanyBusiness groups sign last-ditch attempt to avert CGT reformMore than 30 Australian business representative groups, led by the Australian Chamber of Commerce and Industry (ACCI), have signed a joint letter urging federal lawmakers to reconsider capital gains tax reforms that would replace the existing 50% CGT discount with a model taxing gains above inflation. The groups argue the reform constitutes a "penalty on investment" that would reduce business expansion, innovation, and job creation, with particular concern for startup founders facing potentially outsized tax bills when selling successful businesses. The federal government has made some concessions, raising the active asset CGT reduction threshold from $2 million to $10 million turnover, and the bill is currently before the Senate after passing the House of Representatives.