Small businesses in Australia SUFFER through OUTRAGEOUS amounts of red-tape in any given week.
In NSW, small businesses are spending roughly 14 hours a week on compliance – time they could be spending on growing their business and their families!
The costs of meeting this 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 (6000 pages a year!)*
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