Major reform needed to fund Medicare, NDIS, defence, aged care - Business Council warns

The Business Council fo Australia is warning that major economic reform is needed to ensure the federal budget can maintain Medicare, NDIS, aged care and defence. Releasing its "Seizing The Moment" paper, the BCA proposes to lower company tax, raise the GST and remove regulation to boost the renewables transition. Reporter: Senior Business Correspondent Peter Ryan Featured: Jennifer Westacott, BCA chief executive; Tim Reed, BCA President