MYOB CEO joins Business Council of Australia Board

04 Oct 2017

MYOB CEO Tim Reed has been appointed to the Board of the Business Council of Australia, one of two new appointments announced last week.

Mr Reed has played a key leadership role with the Business Council as Chairman of the Innovation Task Force, responsible for advocating an effective innovation system and promoting the productivity and competitiveness of Australian industry.

Mr Reed said it was a unique opportunity to provide input on the key public policy issues which will drive Australia’s future economic prosperity.

“The Business Council plays a significant role in advocating for economic growth and social progress in the national interest. This aligns closely with what we do at MYOB, creating business solutions which help Australia’s more than 2 million small and medium-sized business succeed.

“The rapid development and growth of technology is a key issue impacting all sectors of the economy. I hope to bring some insight of the opportunities which can come from embracing this change, including adopting strategies which encourage innovation, drive growth and improve our competitiveness on a global scale,” said Mr Reed. 

Business Council President Grant King said Mr Reed brought a unique skill set to the board.

“We are delighted to have Tim on the Board. Tim has already made a significant contribution to  the Business Council, representing MYOB on the Economic Policy and Competitiveness and Innovation Committees, as well as being one of the first signatories for the Australian Supplier Payment Code, an initiative driving the prompt and fair payment for small business suppliers with a set of best-practice standards.

“Tim’s expertise in the technology sector, as well as his valuable insights into the Australian SME market, mean that he is particularly well positioned to contribute to the conversation relating to the future of the Australian business landscape,” said Mr. King.

The Board appointments are expected to be ratified at the Business Council’s upcoming AGM in November.

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For further comment or other information please contact:
Sean Rogasch, Media Relations Consultant, MYOB
M: 61 400 069 951/ E: sean.rogasch@myob.com

About MYOB
MYOB Group Ltd (ASX: MYO) is a leading cloud based business management solutions provider. It makes business life easier for approximately 1.2 million businesses across Australia and New Zealand by simplifying accounting, payroll, tax, practice management, CRM, job costing, inventory and more. MYOB provides ongoing support via many client service channels including a network of over 40,000 accountants, bookkeepers and other consultants. It is committed to ongoing innovation, particularly in cloud computing solutions, and in 2015 was awarded the BRW award for the most innovative large company for 500+ employees and placed 2nd in BRW’s Most Innovative Companies Award list across all categories nationally. For more information, visit http://investors.myob.com.au/Investors or follow @MYOB on Twitter.