Changes for small busi­ness reg­u­la­tion

Business First - - NEWS -

The Coun­cil of Small Busi­ness Aus­tralia (COSBOA) re­cently con­grat­u­lated The Pro­duc­tiv­ity Com­mis­sion on the re­lease of the fi­nal ver­sion of its small busi­ness reg­u­la­tion. The re­port fo­cused on the needs of small busi­ness and prom­ises to change the way this cru­cial busi­ness seg­ment is reg­u­lated. Peter Strong, ex­ec­u­tive di­rec­tor of COSBOA said the re­port is a land­mark mo­ment for the en­tire small busi­ness com­mu­nity for it is a re­view that fo­cuses squarely on the spe­cific needs of small busi­nesses.

“Is a re­port that sets up a tem­plate for reg­u­la­tors to bet­ter work with small busi­ness peo­ple in or­der to help them – not hin­der – to achieve the best out­comes for busi­ness, for the com­mu­nity and for in­di­vid­u­als,” said Mr. Strong.

COSBOA in its con­sul­ta­tions with small busi­ness peo­ple has found that they are tired of rhetoric about the im­por­tance of small busi­ness peo­ple, for it has rarely been matched by out­comes. How­ever, COSBOA says this re­port has the power to change all that.

“This re­port is a pos­i­tive and con­struc­tive re­sponse that shows we have been heard. The mes­sage from this re­port is loud and clear – stop and con­sider the im­pact of reg­u­la­tion on the small busi­ness per­son, their busi­ness and their ca­pac­ity to con­tinue in busi­ness,” added Mr. Strong.

“This re­port was de­vel­oped by the Gil­lard Gov­ern­ment in re­sponse to is­sues raised by COSBOA. We know that the Tony Ab­bott Gov­ern­ment val­ues its find­ings and with the Min­is­ter for Small Busi­ness Bruce Bill­son in charge, we are con­fi­dent we can ex­pect good re­sults for all con­cerned.

“We see the re­port’s key points as a way to achieve the win-wins we need be­tween small busi­ness peo­ple and reg­u­la­tors, for ex­am­ple, the re­port cites reg­u­la­tors’ com­mu­ni­ca­tion could be more re­spon­sive to small busi­ness needs and ca­pac­i­ties in the area of data col­lected by busi­nesses and great use of in­dus­try as­so­ci­a­tions to dis­sem­i­nate in­for­ma­tion, bet­ter web­sites and en­abling timely ac­cess to reg­u­la­tory staff.

“This is mu­sic to our ears. The good reg­u­la­tors can feel proud of how they be­have and the oth­ers, many in lo­cal gov­ern­ment, will hope­fully learn how to en­gage in a more help­ful man­ner,” added Mr. Strong.

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