Published on Dec 9, 2019
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The Federal Government hopes to cut back on the barriers to small business growth by slashing regulatory red tape across a number of areas.
It has announced a new deregulation taskforce which will reduce regulatory burdens to allow small and micro businesses to get up and running sooner.
The Australian Small Business and Family Enterprise Ombudsman, Kate Carnell said the deregulation would make it easier for small businesses to employ staff and invest in growth.
“Small businesses and family enterprises are crying out for less red tape and unnecessary regulation, so they can get on with the job of growing their business,” Ms Carnell said.
The new reforms include:
- A new online checklist– So employers know the exact steps to employing their first person. From minimum pay and conditions to tax and superannuation, and developing a new prototype ‘regtech’ platform to take employers step-by-step through the process of employing their first staff.
- Simplifying business registers– Modernising Australia’s business registers to make it easier and faster for business to interact with government, including upgrading and consolidating 32 separate business registers onto a single system. The new registry will allow business to view and manage their data in one location using a tell-us-once principle and lay the foundation stone for future ‘regtech’ initiatives.
- A single digital environmental approvals process and biodiversity database– Getting beneficial major projects up and running by transforming the approvals process, reducing approval times and bringing forward economic activity.
- A modern export documents system– Replacing the existing paper based system with a new online system so food exporters can get their product to market faster and more simply with more secure certification as well as establishing a new trade information service for business on how to export.
Ms Carnell called on the government to develop an algorithm to be integrated into accounting software to make it easier for small and family businesses to pay wages and entitlements correctly and on time.
“While this may assist small businesses in hiring a staff member, the industrial award system itself remains highly complex and fluid for small business owners to navigate,” Ms Carnell said.
The next logical move would be to clarify the Small Business Fair Dismissal Code, to give small and family businesses the confidence they need to employ more Australians, she said.
“We’ve provided the government with our Review of the Small Business Fair Dismissal Code, which recommends a suite of changes to help small business employers meet their obligations.
“This has the potential to be a game-changer for Australia’s 2.3 million small businesses and family enterprises.”
Read the original media release.
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