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The Business Council of Australia has been a fixture of power and influence for much of its 41 years.
It was founded after a disjointed business sector was wrong-footed by the Australian Council of Trade Unions at Labor prime minister Bob Hawke’s pivotal 1983 National Economic Summit in Canberra – a largely successful attempt to turn the prices and incomes accord between unions and government into a tripartite agreement also involving employers.
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