LESS Red Tape

19 October 2019 Rahul 0 Comments

Small businesses in Australia SUFFER through OUTRAGEOUS amounts of red-tape in any given week.

  • The Small Business Party believes all basic ASIC searches should be free of charge.  Small businesses need to check who they are actually working with and shouldn’t  have to pay a fee every time.  Not checking is a threat to small business.

  • We will review why any level of Government charges for services vital to running a small business.  

  • We will remove annual business registration fees – but keep compliance.

  • Regulators should not be profit centres. They are a public service that our taxes already pay for.

  • The costs of meeting compliance is estimated at a STAGGERING $58,000 per year!

  • Recent data from the IPA shows that we have had an enormous increase in legislation over the past decade*

  • Data also shows that larger corporations use their size and influence to push for compliance changes which SCREW OVER the little guys.

  • Government has a responsibility to protect small businesses and ensure we can thrive – we are the heart and soul of this nation, employing roughly half of the workforce.

*Researchers use the change in the number of pages of legislation as the marker for changes in red tape levels